Mutual funds have long been the most popular way for people to invest, but is that landscape changing?
1:45 - Financial Dictionary: Tax Loss Harvesting
5:06 - Ins And Outs Of Mutual Funds
5:19 - Point #1: What Percentage Of Clients Have Mutual Funds When They First Come To See You?
6:24 - Point #2: Expense Ratios
7:58 - Point #3: Front Load, Back Load, No Load
9:20 - Point #4: Tax Issues Mutual Funds Can Create
11:07 - Point #5: Should Mutual Funds Be Eliminated?
12:59 - Mailbag Question from Confused: "How to consolidate multiple investment accounts?"
Trustworthy. Likable. Problem-solving. Good listener. We should be describing your financial advisor or a potential advisor if you’re in the process of finding one. On today’s show, we’ll talk about why it’s so important for your advisor to embrace these kinds of characteristics. That’s the easy part. But we’ll also tackle the harder part and discuss some tangible ways how you can determine if an advisor has these characteristics or not.
1:38 - Headline: Rand Paul Bill
6:45 - Traits A Financial Advisor Must Have
7:12 - Trait #1: Trust
8:56 - Trait #2: Likability
10:03 - Trait #3: Area Of Expertise
11:17 - Trait #4: Listening Ability
13:00 - Trait #5: Problem Solver
14:58 - Mailbag Question from Norm: "How much risk to take now that I'm in retirement?"
Myths, rumors, and misunderstandings are pervasive in the world of Social Security. On this show, we’ll look to clear up the top 5 misunderstandings about Social Security.
1:33 - Mailbag Question from Randall: "Places to start investing in for retirement."
5:21 - Top 5 Social Security Misunderstandings
5:42 - Misunderstanding #1: Social Security Is Going Broke
6:43 - Misunderstanding #2: You Should Start Social Security As Early As Possible
7:31 - Misunderstanding #3: You Should Start Social Security As Late As Possible
9:25 - Misunderstanding #4: The SSA Can Help You Choose The Best Strategy When You Go And See Them
11:37 - Misunderstanding #5: You Don't Pay Taxes On Social Security Benefits
14:48 - Do You See People Often Overestimating Their Risk Tolerance?
There are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes.
0:56 - In The News: How the stock market might react to the result of the upcoming election
5:27 - Avoiding Critical Estate Planning Mistakes
5:43 - Mistake #1: Not Planning Your Expenses In Retirement
7:17 - Mistake #2: Beneficiary Designations
10:01 - Mistake #3: Not Considering The Tax Implications Of Your Estate
13:25 - Mailbag Question from Helen: "Are there really no tax implications to rolling over the 401 (k)?"