Top 10 Reasons to Work with a Certified Financial Planner®
Monday, November 18
In the complex world of personal finance, navigating investment options, tax implications, and retirement planning can be overwhelming. Many individuals find themselves unsure about how to best manage their financial resources to meet their goals. This is where a CERTIFIED FINANCIAL PLANNER® prof...
Understanding Concentrated Risk in an Investment Portfolio
Friday, October 04
What is Concentrated Risk? Concentrated risk, in the context of an investment portfolio, occurs when a significant portion of the portfolio’s value is tied to a single asset, company, sector, or small group of investments. Instead of spreading investments across various assets, an investor may...
Conducting Due Diligence on a Real Estate Investment Partnership
Wednesday, September 25
Investing in a real estate partnership, whether it's new or existing, can be a profitable venture, but it also comes with risks. Before committing capital, conducting thorough due diligence is crucial to safeguard your interests and ensure the partnership aligns with your financial goals. Here’s...
Building Wealth: Real Estate Investment Strategies
Wednesday, September 18
Building Wealth: A Comprehensive Guide to Real Estate Investment Strategies Real estate investment has long been one of the most reliable and rewarding ways to build wealth. Whether you’re a seasoned investor or just starting out, understanding the various strategies involved is key to maximizing...
Irrevocable Life Insurance Trusts (ILIT)
Wednesday, September 11
An Irrevocable Life Insurance Trust (ILIT) is a type of trust specifically designed to hold a life insurance policy. Here’s a detailed breakdown of how it works, when and why it should be used, and the potential downsides: How It Works: 1. Creation: An ILIT is established by a grantor who trans...
Understanding Tax Lot Methods: An Essential Guide for Investors
Friday, August 23
When managing an investment portfolio, one of the crucial considerations is understanding how your assets are taxed. One of the key concepts in this area is the tax lot method, which determines how the cost basis of your investments is calculated when you sell a security. This has significant imp...