As Year’s End approaches, now is a great time to review your retirement account(s) and insurance beneficiaries to ensure your heirs receive a fair share of your wealth and that your invested assets go where you want them to when you die. If you have a proper will or estate plan in place, you will … Continue reading “Tell Your Beneficiaries about Your Accounts and Policies”
Tell Your Beneficiaries about Your Accounts and Policies
December 5th, 2016
Should You Care What the Market Does Each Day?
Investors are people, and our high tech society often causes people to become impatient. No one likes to wait in line or wait longer than they have to for something, especially when so much is just a click or two away. This impatience also manifests itself in the equities markets. When the S&P 500, Dow, … Continue reading “Should You Care What the Market Does Each Day?”
Mutual Funds and Capital Gains: Could You Be Making a Costly Mistake?
If you’re thinking about buying mutual funds before the end of the year, consider this. We’re currently several years into a bull market. Prior to the election, the market had had a broad rally since 2009. Then, Trump defied the odds. In the week following his surprising win, the markets responded to the President-elect’s pledge … Continue reading “Mutual Funds and Capital Gains: Could You Be Making a Costly Mistake?”
Reason to Panic?
On Friday, the S&P 500 index fell 2.4%, while the Dow Jones Industrial Average fell 2.1%. This was the first 1% sell-off since June, and media outlets have been describing it as a full-blown market panic. We believe there are two reasons as to why quick-twitch traders scattered for the hills on Friday. The first … Continue reading “Reason to Panic?”
The 529 Plan – Your Legacy, Funding Education, and Your Retirement
Do you have a 529 College Savings Plan? A 529 plan is a tax exempt, college savings account for a designated beneficiary, which could be a child, grandchild, great-grandchild or even a great-great grandchild. Before you call your financial advisor to have a check distributed for the designated beneficiary’s college expenses, you may want to … Continue reading “The 529 Plan – Your Legacy, Funding Education, and Your Retirement”
The Importance of Working with a CFP® and the Meaning of Those Initials
At Kendall Capital, you have the opportunity of working with two Certified Financial Planners™ (CFPs®), Clark Kendall and Carol Petrov. But what exactly makes the CFP® designation so important to your wealth management and investment goals? When you work with a CFP®, you’re working with someone with extensive training that is not only knowledgeable but … Continue reading “The Importance of Working with a CFP® and the Meaning of Those Initials”
The Rise of the Fee-Based Financial Professional
A wave of change is transforming the financial services profession. Increasingly, financial professionals are choosing to be compensated, partly or wholly, through fees rather than through commissions. This is a real change from the old status quo. In the past, compensation usually resulted from product sales. A client opened up an investment, and the broker … Continue reading “The Rise of the Fee-Based Financial Professional”
What Are You Getting for the Fees You Are Paying?
How much do you pay for wealth management? About $1,000 a month or more? If your account is $1 million or larger, that may be the case. It has become the industry standard for wealth management firms to provide their services for an annual fee approximating 1% of the assets managed. What are you getting … Continue reading “What Are You Getting for the Fees You Are Paying?”
The Psychology of Saving
How many households have the right outlook to build wealth?
The Anxious Bull
We are currently in one of the longest-running, biggest wealth-producing bull markets in history, but you would not know it from the headlines or the pessimistic mood of investors.
