Recently, Jason Zweig, the personal finance columnist for The Wall Street Journal, wrote an article titled, “The 19 Questions to Ask Your Financial Adviser.” It’s a very good list. We agree with most of his answers and we recommend you consider asking these questions to the financial advisor who works with you. Here are a few of his key questions …
Hurricane Harvey is being reported as the strongest hurricane to hit the United States since Wilma in 2005 and an unfathomable amount of rain has fallen: some areas southeast of Houston have already received more than 48 inches of rain. Harvey will have a generalized economic impact, mostly in the storm affected region. There will be a slow-down to the …
When it comes to your finances, you should get a second opinion. Here’s why. When it comes to your financial life, the consequences of your decisions—or your advisor’s decisions—can be long-lasting and significant. Mistakes can be very costly and they can have a big impact on how well you can enjoy your retirement years. How will you feel if 10 …
One of the founding questions of Brilliant Advice is this: “If our roles were reversed, and you were our advisor, how would we wish to be treated by you? Then that is exactly how we will treat our clients.” In other words, we wanted to design a firm that we ourselves would want to engage as our advisor. We have …
According to the FBI, “Cyber intrusions are becoming ever more commonplace, more dangerous, and more sophisticated.” Cybercrime has become a $114 billion organized, underground economy that employs thousands of hackers around the globe. Unfortunately, the cybersecurity industry is having a tough time keeping up with ongoing and new threats that put all of us at risk. As cybercriminals get more …
Advice: “Guidance or recommendations concerning prudent future action, typically given by someone regarded as knowledgeable.” It’s important to note that there is plenty of free advice available to anyone. Anywhere. Anytime. All you have to do is ask a few friends, your colleagues at work, surf the internet or watch TV, and you’ll receive more advice than you need! The …
Watching the inspiring stories of this summer’s Olympic athletes reminds us of the sacrifices and countless hours of training required to qualify for the world’s foremost sporting competition. In addition to being dedicated to a training regime, these athletes have trusted coaches who have supported them and pushed them to achieve their highest level of performance, allowing their Olympic dreams …
It can be a dangerous world for your money. Whether at the hands of strangers, trusted advisors, or actions of your own doing, your money faces many threats. Here are some tips for how to spot five types of thieves, and what you can do to protect yourself from them. The Trusted Thief – Institutions and Advisors Is your money in …
I was talking with a friend of mine about financial planning recently, and she somewhat sheepishly admitted that she and her spouse spend considerably more time planning for their vacations than they do for their retirement. Afterward I realized that planning for both has many similarities. Everyone has a different ideal vacation destination. Some like the beach, some like the …
There are three simple time-tested rules in investing. But like a lot of things, they are in need of an update. This is the third post in a three-part series. The first post in this series discussed the importance of diversification. Our Updated Rule #1 was: Diversify to the point of discomfort to control risk. The second post in this …