8 reasons why entrepreneurs should open a solo 401k plan

8 reasons why entrepreneurs should open a solo 401k plan

The solo 401k plan is a powerful tool for entrepreneurs to save money for retirement and reduce their current tax bill. These plans are often ignored and overshadowed by the more popular corporate 401k and SEP IRA plans.  In fact, there is a lack of widely available public information about them. Simply put, not many Read more »

5 things you need to know about your Target Retirement Fund

5 things you need to know about your Target Retirement Fund

Target Retirement Funds have become a popular investment option in many workplace retirement plans such as 401k, 403b and SEP IRA. They offer a relatively simple way to invest your retirement savings as their investment approach is based on the individual target retirement dates. In this port I will discuss the 5 things you need Read more »

6 Essential steps to diversify your portfolio

6 Essential steps to diversify your portfolio

Diversification is often considered the only free lunch in investing. In one of my earlier blog posts, I talked about the practical benefits of diversification. I explained the concept of investing in uncorrelated asset classes and how it reduces the overall risk of the investments.  In this article, I will walk you through 6 essential Read more »

15 Mistakes in personal retirement planning

As a fiduciary financial advisor, I help my clients achieve their financial goals and ensure a safe path to retirement. I often encounter issues, which if not resolved on time, can impose serious threats to meeting these life objectives. In this article, I would like to share  my experience and guide you through some of Read more »

Top 5 Strategies to Protect Your Portfolio from Inflation

Top 5 Strategies to Protect Your Portfolio from Inflation

Protecting Your Portfolio from Inflation The 2016 election revived the hopes of some market participants for higher interest rates and higher inflation. Indeed, the 10-year Treasury rate went from 1.45% in July to 2.5% in December before settling at around 2.35-2.40% at the end of February 2017. Simultaneously, the Consumer Price Index, which is one Read more »

Municipal Bond Investing

Municipal Bond Investing

What is a Municipal Bond? Municipal bond investing is a popular income choice for many American.  The muni bonds are debt securities issued by municipal authorities like States, Counties, Cities and their related companies. Municipal bonds or “munis” are issued to fund general activities or capital projects like building schools, roads, hospitals and sewer systems. Read more »

11 Effective financial strategies for business owners

11 Effective financial strategies for business owners

Eleven ways to boost and protect your wealth Small and mid-size business are the core the of the US economy. Entrepreneurship and creativity have been moving the American economy for centuries. In fact, US has one of the best grooming environments for start-ups and small businesses.  Many flagship consumer brands like McDonald’s, Starbucks, and Apple Read more »

10 Questions to ask when choosing your financial advisor

10 Questions to ask when choosing your financial advisor

Seeking a financial advice is a major step in achieving your personal and financial goals. Financial advisors have been instrumental in helping clients maintain well balanced, disciplined, long-term focused approach towards their personal finances and retirement planning. Finding a good financial advisor is like finding a personal doctor. The chances are you will stick with Read more »

5 Ways to increase the impact of charitable donations

5 Ways to increase the impact of charitable donations

Traditional Charitable Strategies Charitable contributions are an excellent way to help your favorite cause, your church, a foundation, a school or any other registered charitable institution of your choice. Americans made $373.25 billion of charitable donations in 2015, which was 4.1% higher than 2014. The average annual household contribution was $2,974. In 2015, the majority Read more »

8 Financial planning tips for doctors

8 Financial planning tips for doctors

Introduction Being married to a physician has allowed me to obtain a unique understanding of the costs and benefits to achieving a medical degree.   In this post, we will discuss several practices that can help physicians and other healthcare professionals achieve financial prosperity. What sets physicians apart from other professions? Doctors begin their careers Read more »

High Dividend ETF Strategies

High Dividend ETF Strategies

Introduction The market has been observing consistently declining yields ever since the start of the financial crisis in 2008. In the current low yield environment, 10-year Treasury bond pays a mere 1.6% in interest and S&P 500 yields just above 2% in dividends. Furthermore, we observe negative interest rates in Japan, Switzerland, and Germany. At the Read more »

4 Steps to determine your target asset allocation

4 Steps to Determine your target asset allocation

One of the financial advisors’ primary responsibilities is to determine and document their clients’ target asset allocation. The target allocation serves as a starting point and guideline in diversifying the client portfolio and building future wealth. Clients’ unique financial goals, lifestyle, investment horizon, current and expected income and emotional tolerance to market turbulence will impact Read more »

A Guide to Investing in REITs

Guide to investing in REITs

On August 31, 2016, S&P 500 will introduce a new sector – Real Estate. Up until now real estate companies, also known as REITs,  belonged to the Financial sector. They were in the company of large financial and insurance corporations. The new category will have 27 stocks, $567 billion of market capitalization and approximate weight Read more »

Мaximize the benefits of Roth IRA

Мaximize the benefits of Roth IRA

Roth IRA is a tax-exempt investment account that allows the owner to make after-tax contributions.  The plan has a tax free status. All investments grow tax-free. The plan offers a lot of flexibility and few constraints.  There are many ways to maximize the benefits of Roth IRA ownership. Save for the future. Opening a Roth Read more »

Introduction to portfolio diversification

Introduction to portfolio diversification

Introduction Portfolio diversification is one of the main pillars of retirement planning. The old proverb “Never put all your eggs in one basket” applies in full strength to investing. Even the Bible talks about diversification. Ecclesiastes 11:2 says “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur Read more »