Building Wealth

Professional financial advisers share fresh insights and best practices for working with clients to build and protect wealth.

November 16, 2018

Has Warren Buffett's Buy and Hold Strategy Gone Out of Style?

Many investment professionals, including Warren Buffett, advise investors to buy and hold a diversified portfolio of stocks ... and hold and hold. But with today's record-long bull market, maybe it's time to try tactical asset management instead.

See More On: Financial Planning | Markets | Saving for Retirement

November 16, 2018

Now Is the Time to Fend Off Problems With Your 401(k)-Focused Nest Egg

Tick, tick, tick. That's the tax time bomb on your 401(k) and IRA, quietly counting down. Here's how to defuse this explosive situation.

See More On: 401(k)s | Financial Planning | Making Your Money Last

November 15, 2018

Investors Should Watch Out for Revenue-Sharing Agreements

When shopping for investments, you want to choose from the best options possible, but behind-the-scenes deals could be limiting your choices and driving up your costs.

See More On: Saving for Retirement | Financial Planning | Wealth Management

November 14, 2018

The Trouble with Joint Bank Accounts 'Just in Case'

Setting up joint accounts between parents and children may seem like an effective way to prepare in case of emergency or if people need help with finances as they get older, but it can cause some big tax and estate problems. Here's a dual strategy to consider instead.

See More On: Estate Planning | Banking | Caregiving

November 13, 2018

Mom's Shocking Diary Secret Triggers Estate Challenge by Daughter

Imagine you missed out on an opportunity of a lifetime because of something you just discovered that your mother did years before. Could you challenge her estate to get what you feel you deserve?

See More On: Estate Planning | Family Finances | Wealth Management

November 13, 2018

The Secret to Squeezing More Happiness from Every Dollar You Spend

Before you go out and buy a snazzy new car or a 52-inch TV, read this. Research shows there may be something else to splurge on that'll make you so much happier.

See More On: Smart Buying | Investor Psychology | Leisure Spending

November 12, 2018

Stock Market Storm Trackers Have Their Eyes on the Skies

The conditions are looking increasingly favorable for a hurricane of a stock market correction to form. Luckily, like with most hurricanes, investors have time to prepare.

See More On: Saving for Retirement | Financial Planning | Markets

November 12, 2018

Solving the Biggest Risk in Retirement

Your worst risk may also be your biggest blessing: a long life. Take some steps now to make sure you will have the income you need to last a lifetime.

See More On: Annuities | Financial Planning | Making Your Money Last

November 12, 2018

Setting Realistic Expectations Isn't Easy During Record-Setting Bull Market

Investors need to bring their hopes back down to earth and possibly tweak their portfolios, because returns in the next decade may be less than stellar.

See More On: Saving for Retirement | Financial Planning | Markets

November 9, 2018

How Big Does Your Nest Egg Really Need to Be?

Did you know there's an actual equation to figure out this crucial piece of the retirement puzzle? Find out how to do the math yourself to get a general idea of what to shoot for.

See More On: Saving for Retirement | Budgeting | Financial Planning

November 8, 2018

'Golden Decade' Offers Golden Opportunity to Get Taxes Under Control

If you are between the ages of 60 and 70, the time could be right to pump some money out of big, fat 401(k)s and traditional IRAs into tax-free Roth accounts.

See More On: Roth IRAs | Financial Planning | IRAs

November 7, 2018

How to Manage Cash, Your Most Overlooked Asset

As far as investment portfolios go, cash doesn't get the respect it deserves. It should be valued as a star player on your retirement plan.

See More On: Saving for Retirement | Budgeting | Financial Planning

November 7, 2018

Ethics Can Be Fun? 2 Games to Teach Your Grandkids

Honesty, respect and money are concepts that go hand in hand. To spark productive conversations about ethics with your children and grandchildren, try these two car games.

See More On: Family Finances | Financial Planning

November 6, 2018

Making the 1031 Exchange: Is Swap Till You Drop Always the Best Motto?

Holding property for too long is a mistake many investors make. On the other hand, rushing to buy a property to comply with 1031 rules can be a bigger problem. Sometimes it's better to take the tax bite than rush into a bad deal.

See More On: Tax Planning | Buying & Selling a Home | Financial Planning

November 6, 2018

How to Invest in Real Estate Without the Headaches

Those investing in real estate have to be prepared for the baggage that comes with it. If you'd rather not bother, there are two investment opportunities that offer the benefits without the baggage: REITs and limited partnerships.

See More On: REITs | Buying & Selling a Home | Financial Planning

November 5, 2018

Estate Planning Answers for 'Hard' Assets Like Art, Heirlooms

Splitting up money is easy. Splitting up an antique car or a vacation home isn't. And unless you plan ahead by answering these three questions, your family could be in for some strife.

See More On: Estate Planning | Family Finances | Saving for Retirement

November 5, 2018

5 Mistakes NOT to Make with Annuities

Annuities can be a valuable tool in your retirement arsenal, IF you choose wisely and use them in the right way.

See More On: Annuities | Financial Planning | Making Your Money Last

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