Blog


Warning: Illegal string offset 'movieurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 197

Warning: Illegal string offset 'previewimgurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 198

Warning: Illegal string offset 'stagegallery' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 199

Warning: Illegal string offset 'disablegallink' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 200

Warning: Illegal string offset 'disablereadmore' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 201

Warning: Illegal string offset 'galexturl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 202

Warning: Illegal string offset 'imgzoomcrop' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 203

Warning: Illegal string offset 'displaytitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 204

Warning: Illegal string offset 'postsubtitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 205

Warning: Illegal string offset 'posttitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 206

Warning: Illegal string offset 'postshowimage' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 207

Warning: Illegal string offset 'imgorientation' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 208

Warning: Illegal string offset 'videotype' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 209

Warning: Illegal string offset 'videoautoplay' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 210

Q&A: Should I use my 401k to pay off my mortgage?

From a Dallas Morning News Dollar Wise reader:

Q: I was wondering if it makes sense to pay off my mortgage with funds from my 401k? I’m only three years into paying for this house at an interest rate of %5.8. I have a balance of about $190,000 with about that same amount in my401k. My thinking is that the interest I would save is worth the loss of growth in the retirement fund. Plus I would love to be able to live until retirement without that hefty payment every month.

Does this make sense?

Read More
 

Warning: Illegal string offset 'movieurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 197

Warning: Illegal string offset 'previewimgurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 198

Warning: Illegal string offset 'stagegallery' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 199

Warning: Illegal string offset 'disablegallink' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 200

Warning: Illegal string offset 'disablereadmore' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 201

Warning: Illegal string offset 'galexturl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 202

Warning: Illegal string offset 'imgzoomcrop' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 203

Warning: Illegal string offset 'displaytitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 204

Warning: Illegal string offset 'postsubtitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 205

Warning: Illegal string offset 'posttitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 206

Warning: Illegal string offset 'postshowimage' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 207

Warning: Illegal string offset 'imgorientation' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 208

Warning: Illegal string offset 'videotype' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 209

Warning: Illegal string offset 'videoautoplay' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 210

Will QE2 Boost our Economy and Create Jobs?

During the third quarter, the S&P 500 rose about 11% thanks mostly to the anticipation of a second round of quantitative easing, QE2 – the Fed plans to buy over $600 billion of treasuries vehemently trying to avoid a double dip recession.

Economic improvements have been tepid and recent deteriorating data helped push the Fed’s decision. Unemployment is still high and hasn’t budged much and even edged higher to 9.8% down from 10.1% last October, although weekly jobless claims are trending lower, finally. GDP growth has slowed from 4-5% at the beginning of the year to about 2% the last couple quarters.

Read More
 

All I want for Christmas is CASH!

Santa baby, slip a little envelope under the tree for me! Nothing says “I love you” like a hunk of cash to buy what you want when you want it. In fact, you probably already bought yourself several little gifts while Christmas shopping. No returns. No fake smiles. Cash (or check) makes the perfect gift and it is so easy to give – or is it?

Unfortunately, lurking behind your tree is the mean and nasty Scrooge IRS ready to levy 35% gift tax on you if you are too generous this year! How can you avoid the Scrooge and still fill your family with joy on Christmas morning?

Read More
 

Warning: Illegal string offset 'movieurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 197

Warning: Illegal string offset 'previewimgurl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 198

Warning: Illegal string offset 'stagegallery' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 199

Warning: Illegal string offset 'disablegallink' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 200

Warning: Illegal string offset 'disablereadmore' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 201

Warning: Illegal string offset 'galexturl' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 202

Warning: Illegal string offset 'imgzoomcrop' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 203

Warning: Illegal string offset 'displaytitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 204

Warning: Illegal string offset 'postsubtitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 205

Warning: Illegal string offset 'posttitle' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 206

Warning: Illegal string offset 'postshowimage' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 207

Warning: Illegal string offset 'imgorientation' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 208

Warning: Illegal string offset 'videotype' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 209

Warning: Illegal string offset 'videoautoplay' in /home/content/p3pnexwpnas08_data01/30/3081330/html/wp-content/themes/DynamiX/blog.php on line 210

What should I expect from a Financial Planner?

Financial Planner, Certified Financial Planner™, Financial Advisor, Financial Consultant, Wealth Manager, Money Manager, Stockbroker, Chartered Financial Analyst, Registered Investment Advisor, Chartered Life Underwriter – OMG! Whom should I hire?

I am not going to differentiate among all these titles because I am not a dictionary and am not even sure I can! I am going to outline what you should expect from a Certified Financial Plannerâ„¢ and a comprehensive/holistic financial plan. Then, you can decide if that is what you need and want from a financial professional.

Read More
 

But what if I don’t ever need long-term care insurance?

Once upon a time a caring daughter (who was also CFP®) tried to persuade her mother to buy long term care insurance. Her daughter, let’s call her G, believed that her mother needed this product for many reasons- to ensure choice of care and to protect her mother’s assets (and perhaps some selfish motives to ensure she didn’t have to deal with incontinence and bathing her mother!). Her mother disputed, “But what if I don’t ever use it and end up wasting all this money on expensive premiums?” G searched for alternatives, but her mother shot them down. Low and behold, her mother needed a hip replacement – and guess who was coming to stay with G for 2 weeks!

Read More
 
Disclosure
site by ryderking