mom&daughter financial literacy

Quote Of The Week: Financial Literacy Begins At Home

“Like most of life’s important lessons, financial literacy begins at home.” Frederick P. Gabriel Jr., editor of InvestmentNews, September 9, 2012,  Help your clients’ kids avoid maxing out In a recent article, Gabriel explains how he learned some financial lessons the hard way: “I will be the first to admit that I knew nothing about handling […]

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Are Millennials “The Screwed Generation”?

It’s controversial, thought-provoking and definitely worth a read, especially if you have “millennial,” or Generation Y, offspring between the ages of 18 and 35. Newsweek magazine shook people up with their July 2012 feature by Joel Kotkin called “Are Millennials the Screwed Generation? ‘Boomer America’ Never Had It So Good.  As A Result, Today’s Young Americans Have Never Had […]

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older investor

“What Do I Do When I Get Stupid?”

Finance professor Lewis Mandell was taken aback when asked by a former student, now a physician, about how to handle his investments when he got older: Asked the doctor —  “My concern is—what do I do when I get stupid?” It may not be the most eloquently put, but it does express the concern we all […]

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young adult credit

6 Steps To Help Young Adults Build Good Credit

We were recently asked by a client how their young adult child could start building a good credit record. That’s an excellent question.  Parents should realize that learning how to use credit responsibly is important for their child, and it’s good to start early to build a good credit rating (the longer your child has had credit in their name, […]

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What If Your Ship Isn’t Coming In After All?

According to USA Today, many young people in Generation Z, those ages 13 to 22, will be sorely disappointed when the inheritance they are expecting doesn’t materialize. A recent TD Ameritrade study reported in the newspaper found that nearly 40% of Generation Z expect to receive an inheritance, and “as a result, they don’t believe that […]

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small business

Entrepreneurs: How NOT to Retire Rich

Last week’s Wall Street Journal featured an inspiring story about entrepreneurs who can’t retire because they are unable to sell their business for what they think it’s worth.  Unfortunately, it’s inspiring mainly as a case study of what not to do when you own a business or are self-employed. The entrepreneurs interviewed for “The Economy Stole My Retirement” article […]

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social security check

A “Costly Retirement Surprise” In Retirement

File this one under “what you don’t know can hurt you.” Many clients are surprised to learn that they are likely to owe taxes on their Social Security income. Social Security benefits are tax-free only to recipients at lower income levels. Once your income exceeds a certain amount, the IRS starts assessing income tax on up […]

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Coral Springs, Florida (Courtesy of City of Coral Springs)

Weston and Coral Springs Among “America’s Best Places To Live”

Congratulations to all our clients in Weston and Coral Springs, for helping launch your towns into the top 100 of America’s “Best Small Cities” in Money magazine’s annual Best Places To Live list! Weston (seen at right) won points for its top-quality schools and plentiful sports and outdoor activities. Coral Springs (seen below) ranked tops for home affordability and its young demographics (forget everything […]

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Quote Of The Week: Who’s Responsible For Your Retirement?

“Who’s responsible for your retirement? You are.” SmartMoney magazine, September 2012, calls this one of the eight “most important lessons” of  personal finance they’ve learned over the last two decades. Retirement Insight: In 1980, 80% of private sector workers were covered by pensions. Today, that figure is only 32%. That makes it even more essential for you to take […]

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Muni Bonds: Time To Get Worried?

Muni Bonds: Time To Get Worried?

Some of our clients are calling to talk to us about what’s happening in the municipal bond market.  They read that Warren Buffett’s company Berkshire Hathaway terminated contracts it had written insuring $8 billion of  municipal debt. Does this mean, they ask, that Mr. Buffett is souring on the muni bond market? The short answer is […]

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