Are your investments liquid or illiquid? When a holding is liquid, it simply means you can sell it anytime the market in which it trades is open for business, without losing your proverbial shirt in the exchange. If it’s illiquid, you cannot sell it, at least not for anything near what it’s …
Financial Planning Technology: You Can’t Automate Good Advice
While it can be tempting to automate everything in our lives from vacuum cleaners to climate control, there are a few things that should probably be left to living, breathing human beings. For example, you might not want a robotic lawyer arguing on your behalf and you probably wouldn't want to …
Behind on Your Retirement Savings? Here are a Few Things You Can Do
If life has not allowed you to build substantial retirement savings, what possible steps could you take in an effort to improve your retirement prospects? You could play catch-up. If you are 50 or older, you can make the catch-up contributions the Internal Revenue Service allows for IRAs and …
