As you enter into your prime earning years make sure you have a solid investment strategy you can commit to. With a little extra work and knowing your priorities, this focus on your investments will make your income pay off when you enter retirement.
Guidevine breaks down different certifications, degrees, and designations held by financial advisors. Knowing what designations like CFP® ChFC®, CDFA® mean, how advisors obtain them and retain them are important to know when looking for the right financial professional for your investment needs and goals.
GuideVine's Summer Scoop returns for 2016! From June 1st through August 31st, watch short daily videos from financial experts answering common financial questions. By the end of the summer, you'll be a lot more confident and knowledgeable about personal finance.
One size does not fit all when it comes to portfolio rebalancing. Investors have different levels of risk, investment styles and financial goals depending on what life stage they are in. These are the strategies professional financial advisors use to meet your personal financial goals.
Women in today's workforce have steadily grown to be the breadwinners in their household which creates unique financial planning challenges. Looking for a female perspective on the matter, we asked a couple of female financial planners who use GuideVine to provide their insights and experience on how women can approach their financial planning.
At GuideVine, we believe that everyone deserves great financial advice. We also understand that a financial advisor may not be the right solution for everyone. If you're looking to improve your finances and aren't sure what is right for you, answer a few simple questions to get started.
Understanding the cyclical nature of the market and your risk tolerance are key when putting together an investment strategy that can weather market turbulence. Incorporating core principles like an emergency fund and understanding tax planning will help create a solid plan for the future.
When beginning your financial planning don't be intimidated by the mechanics of of how different investment types and principles function. Start with the basics by knowing your budget, goals-based saving and investing, as well as understand the interest rates you are paying on debt.
After years of discussion and an extensive review and consultation process with the financial services industry, the Department of Labor (DOL) has announced its final fiduciary rule. The new rule will require financial advisors in a variety of settings to act in their clients’ fiduciary interests when recommending investments, rather than rely on the less stringent “suitability” standard previously governing brokers.
Take a minute before you run out and buy all those new, shiny things. Personal finance experts recommend taking some time to review your finances, your financial plan, and your future goals so that you can make the best decisions with your money. Keep the following four points in mind and you’ll be on your way to making the most of your new and improved salary.
If you are choosing between a robo advisor and a traditional financial advisor, its important to understand your needs and ask yourself several questions before making the decision. If you are hands off, want cheap access to investments and don't panic, a robo advisor might just be for you. If you need more services like retirement planning and need a calm voice during market ups and downs, then a traditional financial advisor might be more your speed.
There isn't a day that goes by without the topic of robo advisors coming up at GuideVine. Often its a consumer asking “what is a robo advisor anyway” or “what is the difference between a robo advisor and a traditional financial advisor”. Our CEO tries to help make sense of these questions and provide you with the answers.
New Year's has past. Everybody is busy working on their 2016 resolutions (right?). While a casual approach to the gym or staying in touch may work, its best not to improvise your financial resolutions. We look at five reasons why this is the year to get professional financial advice, to help you achieve your money goals while gaining peace of mind.
Our 30s are when many of us become serious about our financial lives. Bad habits from our 20s are left behind as we recognize the importance of control and establishing a solid financial foundation. With some smart money moves, you can empower yourself with the skills and knowledge to take advantage of life-changing opportunities and start the path towards retirement.
Your 40s are the “rush hour” of life. Many people are juggling rising careers, hectic personal life, children, etc. That extends to their finances as well. With some smart money moves, you can find balance among these competing priorities and position yourself for success financially and retirement.
Your 50s are a critical decade for your finances and retirement planning. What you do, or don’t do here, can set you up for your 60s, 70s, 80s and beyond. With some smart money moves now, even if you have to work in retirement, you won’t feel like you will be working forever.
“Life” insurance is sort of a misnomer. Other insurances like car insurance or home insurance help replace something so you can move on with your life. But of course, you cannot replace a life, so it really should be called “household income” insurance. And that’s what life insurance is really about – if something happens to an earner in your family, life insurance steps in to fill part or all the financial gap created by their untimely passing.
Stock market fluctuations are an inevitable part of investing. Giant swings in the market have happened in the past, and will continue to happen in the future. A common mistake investors make is to let their anxieties and fears get the better of them during tumultuous markets.
Millennials have witnessed and experienced economic turmoil that has left a profound mark on their conscious and unconscious beliefs about saving and investing. These trends have created specific sets of challenges and questions that millennials struggle with as older generations watch with concern.
With the stock markets going down, up, sideways (and who knows what direction next!), the team at GuideVine started thinking about our portfolios and what we should be asking about them. What stood out were these 7 questions for our financial advisors.
When investments sound too good to be true, they most likely are. Tread with extreme caution when you hear pitches that say: guaranteed returns, no risk or risk free or hurry before it's too late! These are all common themes of fraudsters trying to lure in their next victim.
It is exciting to get a salary increase! But before you get too far into your celebrations, take some time to review your finances, financial plan and future goals, to make the best decisions regarding your new money. If you keep the following four points in mind , you can make the most of your new and improved salary.