Buy Stock Question
Q: I have been watching a particular stock for years. I continued to watch it but I still haven’t bought it. What are your thoughts? Do you think it’s too late for me to buy it? A: I know it’s tempting when you look at a stock like this. I typically feel the same way when […]
Equity and Bonds Question
Q: I have a question about asset location. I currently have 85% in equity and 15% in bond allocation. I understand that bonds are not tax-efficient and that it’s best to keep them in tax-advantaged accounts. I have a much larger percentage of my portfolio that is taxable, so that means that my tax-deferred accounts […]
401k and Roth IRA Split
Q: I have considered putting money into a Roth IRA recently. I was looking at Vanguard’s VTSMX Total Stock Market Index. I want to invest the $3,000 opening and then about $500 a month. But now our company 401(k) provider, Fidelity, is giving us a Roth option. I am 48 and contribute about $10,000 per year […]
Buy Low Sell High
Q: I am 59 years old. I have just over $100,000 in cash to invest. The market has been very high and I was waiting for a dip to happen, but it seems to be going up further. Because they saying goes “Buy Low, Sell High,” I don’t know where to begin. Please help me. […]
Moderate Risk Investment Portfolio
Q: For a retirement income portfolio with moderate risk, what are good products to invest in? A: I will say that generally speaking we often recommend Exchange Traded Funds (ETFs) over Mutual Funds to track favored sectors of the market through a diversified index of securities without paying for active management. ETFs and individual equities […]
Investment Programs Scam
Q: What is a 26f program? Are funds that are stated to be 26f, such as Vanguard Wellington, good investments in an IRA or are they better in a taxable account? A: We weren’t aware of a “26f” program, so we did some research online and found no evidence that there is any official 26f program. […]
Retirement Planning and Investment Question
Q: I have considering putting money into a Roth IRA recently. I was looking at Vanguard’s VTSMX Total Stock Market Index. Basically I want to invest the $3,000 initially, and then about $500 per month. But now, our company’s 401(k) is giving us a Roth option. I am 48 and contribute about $10,000 per year to my […]
IRA Question
Q: I’m not eligible for my company’s 401(k) yet, so I’m contributing to my own IRA. I’m married and we file jointly. We are both over age 50. Does the $6,500 limit apply to both of us together or just me? I can’t tell the answer from the IRS website and I don’t want to get […]
Reverse Mortgages Question
Q: Should I get a reverse mortgage? A: Generally, we do not recommend reverse mortgages for our clients as it is a method that is often used as a last resort for income. As with any financial decision it is important to do your research to fully weigh the pros and cons. Check out this article to […]
Social Security – Benefits
Q: My husband will retire in August 2016 at age 70 and begin collecting on Social Security. I am 61, turning 62 in July of 2016. Are there any benefits to my husband filing for Social Security before the deadline for these changes? A: There are no real planning options left for your husband since he is turning […]
