Now is a great time to revisit your resolutions

How to help ensure  you keep your New Year’s resolutions and/or reach your financial goals?    Dan Ariely, Professor of Psychology and Behavioral Economics at Duke University, provides these suggestions:  “One option is to make it into a public commitment and use the people around you to push yourself get into better behavior.”  “Another option…

Tax time is the time to act on retirement savings!

It’s time to feed your “Financial Freedom Fund.” The federal government (under previous administrations… not sure how long this great deal will last….) offers a tax credit to help workers boost their retirement accounts. “The Retirement Savings Contribution Credit, aka the Saver’s Credit, is a tax credit that may be applied to the first $2,000…

Investment Return and Rate of Return: What’s the difference?

Every investor wants to earn money on their investments. FINRA explains:“Investment return is the money you make or lose on an investment. Ideally, your return will be positive: your initial investment or principal will remain intact, and you’ll end up with more money than you invested.”“Total return is a measure of your profit or capital…

How long will this bull market in stocks last?

The “bull market for stocks is 94 months old, making it the second-longest in modern history” according to Jason Zweig, writing in The Wall Street Journal, Jan. 21, 2017. In his weekly “Intelligent Investor” column Zweig explains the results of recent research showing that investors are affected by the optimism of other investors, often resulting…

Financial planning for special needs children

“Parents face many challenges when they must balance long-term planning for a special-needs child with their own retirement savings, experts say. Certified financial planner Mary Anne Ehlert says crucial factors for special-needs families include investment allocations, government benefits and estate plans.” (Retirement Security Smartbrief). Morningstar contributor Mark Miller explains government assistance available to special-needs family…