Category - Uncategorized

1
Are Millennials Risk Averse Savers?
2
Do Women Need Special Strategies for Money Management?
3
Five Little-Known Services Your Financial Planner Should Be Offering
4
Consider Famous Women Financial Advisors as Role Models
5
Are Democrats Or Republicans Better For The Stock Market?

Are Millennials Risk Averse Savers?

The Millennials are the generation of kids born between the years 1981 and 1997. This year, Millennials will overtake the baby boomers as largest generation in United States history with 75.3 million people.

Millennial Americans are saving their money at a higher rate than their Baby Boomer counterparts at a similar age.  Research from the Transamerica Center for Retirement Studies shows that nearly three-quarters of Millennials are saving for retirement at an earlier age than past generations.  Half are putting away 6% of their income or more—a statistic that makes Millennials the best cohort of savers since the Great Depression, …

Read More

Do Women Need Special Strategies for Money Management?

Do Women Need Special Strategies for Money Management?

Money Magazine convened a panel at the 2015 Financial Planner Association conference to explore the question “Should Men and Women Manage Money Differently?” The experts did not all agree to whether or not men and women should manage money differently but they did agree that men and women tend to differ in their approach to money management.

The panel discussed some ideas you may have heard before: women are not actually “bad” at investing or financial planning but just tend to be less confident in their decisions; women who are …

Read More

Five Little-Known Services Your Financial Planner Should Be Offering

The financial planning landscape can be pretty confusing.  Not only is it difficult to figure out who has your best interests in mind (as the debate over the fiduciary standard is pretty confusing), but it’s also difficult to figure out who is in the business of EARNING their fee, vice collecting it.  This article should serve as a quick snapshot (and starting point for discussions) on what a consumer should consider to be the minimum standard for hiring a financial planner.  Meeting these criteria doesn’t necessarily mean success, but failing to do so should prompt you to keep looking for …

Read More

Consider Famous Women Financial Advisors as Role Models

March is Women’s History Month and in the past we’ve discussed famous historical women in finance like Hetty Green and Abigail Adams who may serve as role models. It is also important to highlight contemporary women who have made their mark in the financial world.

Last year Investopedia published a list of famous female financial advisors and noted, “Although most famous women financial advisors aren’t well known in celebrity circles, their accomplishments are noteworthy.”

You may already know of Suze Orman and Mellody Hobson, the first two women on the Investopedia list, but the other four may be less familiar.…

Read More

Are Democrats Or Republicans Better For The Stock Market?

For decades now, politicians have been arguing about which party is better for stock returns.

Leading up to the 2016 Presidential election, the argument was made that the stock market does better with a Democrat President than a Republican President. After the 2016 election and the subsequent stock market appreciation, the argument has been made that Donald Trump as President will be great for U.S. stocks.

Republicans are perceived to be the party of big business. If Democrats can show that electing a Democrat to the White House correlates to better stock returns, they believe that they can negate some …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login