“If you’re in your 60s, you probably don’t do calculations as quickly as you used to. It might take you a bit long longer to learn the nuances of a new investment. Yet when researchers test the financial decision-making capacity of people in this age cohort, they often perform as well Read more
Many investors have added, or considered adding, digital currency to their portfolios. While it can be a good diversifier to stocks and bonds, there are risks, as with any investment. Before making any investment decisions, investors should educate themselves on the potential risks and benefits. Find the complete article by Read more
Below, you’ll find linked Elser Financial Planning’s 2nd Quarter Newsletter.
Long-term care insurance can be a sound part of a financial plan, but do you need it? The answer to this question should be tailored to your unique situation and goals. Find Neal Templin’s
With the market decline in February and March, investors with taxable investment accounts have had an opportunity to harvest investment losses that can offset future capital gains and ordinary income, potentially saving them a significant amount in taxes. One of the most important considerations with harvesting losses is reinvesting the Read more
Warren Buffet issued good reminders to investors during Berkshire Hathaway’s annual shareholder meeting – don’t let fear control your investment decisions and don’t invest in stocks for short-term goals. Similarly, Elser Financial Planning adheres to a disciplined, long-term investment strategy and we work with our clients to maintain liquidity for Read more
“Now that the money’s gone, investors and regulators say there were red flags flying all around Bernard Madoff’s enterprise. Here’s how you can avoid potential scams. Imagine trusting your hard-earned money — such as your retirement savings — to a financial adviser only to lose it all in a fraudulent Read more
“In a time of market turbulence, with stocks losing altitude, it’s only natural to feel compelled to buy and sell according to your own forecasts of whether a stock — or the market as a whole — will rise or fall in the short term. My advice: Resist! Unfortunately, the Read more
“One of the biggest mistakes long-term investors make is getting out of the stock market at the wrong time. We’ve all heard the saying “buy low, sell high,” but mom-and-pop investors have a tendency to panic during market declines and sell when stock prices are down, locking in losses. U.S. Read more
“My husband spends a fortune on cars,” she says. “My wife never stops shopping. Look at these credit card bills,” he laments. Financial advisers often hear these complaints. What happens in many homes is two otherwise responsible adults who are both making good salaries have finances that are a wreck. They realize that, after years of marriage, they have little net worth and lots of debt.