Engineering Your Finances
Submitted by Foothills Financial Planning on April 1st, 2015
For retirees who are in the enviable position of not needing distributions from their IRAs or 401ks, the fact that they must start taking them is generally unwelcome. Instead of the money continuing to grow on a tax-deferred basis, some of it will be subject to taxation upon distribution. A recent New York Times article discusses the topic in more detail, with some input from Kevin O’Reilly.
Submitted by Foothills Financial Planning on September 15th, 2014
Have you ever wondered who owns the skyscrapers in America’s major cities? It’s not just Donald Trump. In fact, unless The Donald puts his name on it, chances are a REIT owns it. A REIT (rhymes with “tweet”) is simply a corporation that owns real estate. The acronym stands for Real Estate Investment Trust.
Submitted by Foothills Financial Planning on August 18th, 2014
Many Americans have no retirement savings
Submitted by Foothills Financial Planning on August 6th, 2014
Full disclosure: I’m not a stranger to the McDonald’s drive-thru. That’s not a statement of pride…just fact. Typically, my visit involves buying a large Diet Coke. And no, this post is not brought to you by purveyors of unhealthy substances, or the Camelback Fund. (link) I’m a fan of the Southwest Chicken Salad, too.
Submitted by Foothills Financial Planning on March 19th, 2014
Sometimes, we in the financial services industry get so immersed in what we do that we kind of forget that the rest of the world may not understand about the terminology we use. In other words, we tend to throw around lingo without checking to ensure that we are being understood.
Submitted by Foothills Financial Planning on March 15th, 2014
In an earlier post I introduced a new series that will lay out some of the key risks that accompany investing in various types of securities. This first entry will address the general market risk faced by stock investors.
Submitted by Foothills Financial Planning on March 12th, 2014
This week Kevin was quoted in an article examining whether or not to take a bit more risk to generate more yield for your emergency fund. Generally, I’m not a fan of taking on additional risk for funds that are truly designated to protect against emergencies. However, maximizing the yield you receive with those funds makes sense to me.
Submitted by Foothills Financial Planning on March 10th, 2014
One of the areas that I think is difficult for investors to truly get their arms around is risk. Specifically, the level of risk individuals are taking when they invest. One of the reasons for the fuzziness is that there are a number of ways to view risk. Warren Buffett views it as the likelihood of permanently losing his capital, or initial investment.
Submitted by Foothills Financial Planning on March 5th, 2014
At the urging of digital marketing guru Stephanie Sammons, I’ve just accepted a challenge to publish a Sweet 16 of blog posts in celebration of March Madness.
Submitted by Foothills Financial Planning on February 21st, 2014
Opportunity to Join America Saves Week and Promote the Importance of Saving