With the Dow, Nasdaq, and S&P 500 all reaching new record highs, one must wonder, “is this an inflated market?” You don’t want to miss out on potential gains if this 12-year bull market continues its runup, but you don’t want to lose money by potentially buying at the top either. It can be an emotionally draining time to constantly be looking at your accounts and either seeing losses in your investments or gains in stocks that you didn’t buy,…
Get your budget on track. This is the most important element needed for your financial success. It is very basic, but you’d be surprised by how many colleagues in my industry are drowning in credit card debt and unable to stick to a budget. I recommend the free app mint.com, which syncs with your accounts to show how your spending aligns with your proposed budgets. Rebalance your portfolio. Rebalancing your portfolio will help you get your asset allocation back to…
Many retirees are not adequately prepared to handle retirement. They go straight from 40-hour work weeks to not knowing what to do. After a month or two of working on delayed house projects, they settle into a Netflix-induced coma. The lack of physical and mental stimulation can cause cognitive and physical impairment, which leads to further mental and health declines. In order to avoid these common pitfalls in retirement, you will need a game plan. This will be one of…
Watch this video to hear tips and advice on how you can retire with confidence. You will hear from Maynard L. Keller, CFP® as he is interviewed by advisor Daniel Colston, CFP®.…
No one has been unaffected by the coronavirus pandemic. Many Americans have lost jobs, been let go temporarily, and have found it difficult to make ends meet. Here is a quick guide to helping you get back on your feet. For more specific advice please consult your financial planner or tax advisor.…
In this video our president Maynard Keller, Jr., CFP® breaks down the Federal stimulus package and shares how you can survive this crisis financially.…
Watch the video below for information relating to your financial planning during these unprecendented times. I discuss the CARES Act, investments, retirement questions, and more. Skip to 3:30 in the video to start.…
These are very interesting times we are living in, to say the least. The Coronavirus pandemic has upended daily life and economic activity all around the world. It is hard to believe that the Dow Jones Industrial Average was at an all-time high of 29,551 points on Feb. 12, 2020, and now it has sunk to trading below 20,000 points. This is a very fluid situation with COVID-19 beginning to make its impact on the US, as it already has…
Once you’ve built a budget and started getting some extra monthly cashflow, you’ll want to establish an emergency fund. An emergency fund is exactly what it sounds like—it’s there for emergencies only. As such it should be put away in a savings account, CD, or money market account and forgotten about. The purpose of an emergency fund is to help you in times of unpredictable circumstances such as a job or car loss. If a home repair or car accident…
If you’re a medical student preparing for clinical rotations or residency then you’ll be traveling a lot. Finding the right credit card for your travels can make a difference in hundreds, if not thousands of dollars. Here are the top 6 credit cards I recommend for your travel expenses. For best travel point rewards: Chase Sapphire Preferred® Credit Card https://creditcards.chase.com/rewards-credit-cards/sapphire This card allows you to redeem points for travel expenses such as flights, hotel stays, and rental cars. This is…
