Month: June 2016

Plan Realistically for Retirement

Syndicated financial columnist Steve Savant interviews Russ Wiles, syndicated financial columnist, award-winning excellence in investor education and co-author of How Mutual Funds Work and Building our Mutual Fund Portfolio.  This week’s show topic, Lessons Not Learned About Money. Right on the Money is a weekly financial talk show for consumers, distributed as video press releases to 280 media outlets and social media networks...

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Investing More Efficiently Could Affect Real Returns

Nominal Returns May Just Be Product Promotions Investing holistically means you have different time horizons for your investments, you have product diversification in your portfolio and you purchase low-cost, low-beta risk investment products that have the potential for reasonable returns. The synergy of holistic investing has the potential for achieving your financial goals with the peace of mind you and your advisor orchestrated your portfolio to the best of both your abilities. Watch this segment on investing more efficiently, part four of five from Lessons Not Learned about Money with syndicated financial columnist, award-winning investor educator and co-author of...

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Perform a Checkup on Your Insurance Coverage

Don’t Wait for a Claim to Discover What Coverage You Have An annual review of your insurance policies can not only keep you apprized of your coverage, but also help you understand your coverage. An annual review could also yield opportunities to reduce the cost of coverage. After all, who wants to pay more than they have to for coverage? Make sure you know your deductibles and available discounts. Often insurance policies are difficult to understand because of the contractual language embedded in the policy. And all too often the insurance agent doesn’t have the skill sets to break...

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Getting a Handle on Your Credit

Credit Reports Often Contain Mistakes that Drive up Borrowing Costs Studies have shown Americans who aren’t plugged into mainstream banks or credit unions often pay too much for short-term loans and financial services. Getting connected to the right financial institutions is a critical component of your overall use of credit. You can generally sign up for free credit reports that you should review on a regular basis. Be advised though, these reports often contain mistakes that can increase borrowing costs, so it’s important to correct the errors and set the record straight. Credit scores have wide-ranging impact on big-ticket...

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Cover the Basics of Budgeting

Creating a Budget to Generate Cash Flow There’s an old financial proverb: “If your outgo exceeds your income, then your upkeep will be your downfall.” Translation: Live within your means. To do that, you need to create a budget and stick to it. That’s easier said then done because life just happens. But if life just happens, then you need to create an emergency account. The most simplistic concepts of money seem to allude the smartest among us. College graduates go through a huge learning curve when they enter the work force. For most grads, it’s a meat grinder...

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