The number of boomers who have assets spread all around is “amazing,” says Robert Graham, CEO and president of RG Capital LLC, Scottsdale, Ariz.“They have an average of 3 financial advisors each.” By retirement, “some older people even forget what they have,” he continues. This always struck me as odd…because the reasoning most people give [...]
Entries Tagged as 'Asset Preservation'
Baby Boomers Have An Average of 3 Financial Advisers…Why?
January 7th, 2012 · No Comments · Asset Preservation, Budgeting & Money Management, College & Career Planning, Insurance & Savings, Investing, Retirement Planning, Wealth Creation
High Gas Prices Are Not Caused By “Greedy” Oil Companies – Part 2
December 28th, 2011 · No Comments · Asset Preservation, Current Events
Many politicians and journalists obsess over what they deem “excessive profits” oil profits while they leer at numerators, not denominators. The industry giant Exxon/Mobil scored record breaking profits, but profit ratios which pale in comparison to other industries. Exxon boasted a $40.6 billion profit for 2007 but this is nothing compared to its $404.5 billion [...]
A Few Basic Uses of Home Equity
December 6th, 2011 · No Comments · Asset Preservation, Budgeting & Money Management, Retirement Planning
Not everyone is comfortable with using home equity to help build a retirement fund, so I figured I’d take some time out to get back to basics once again. Let’s start by answering the question, “What is home equity?” Home equity is the value given to a home after you subtract the mortgage debt and [...]
What You Should Know About Investing In Gold (understand this BEFORE you buy the pretty yellow stuff!)
September 5th, 2011 · No Comments · Asset Preservation, Philosophy In Financial Planning
Wikipedia’s entry for “gold” reads, in part: Gold is a dense, soft, shiny metal and the most malleable and ductile metal known. There are many reasons why gold and silver would be appropriate for money. It’s nearly indestructible, it’s malleable, it’s rare and it’s a luxury item. When I researched the issue, I discovered that [...]