By: Allen Ostrofe
Read articles by Rick Fisher that were published in The Union Newspaper
Susan and Larry, dependent upon their investments for retirement income, called from their gated community in San Jose, California. They asked, “With the recent amount of volatility, shouldn’t we dramatically change our strategy, move to only bonds, or leave the stock markets entirely?”
While for some, $1000 may seem unlikely to make a difference, there are plenty of examples of how to put this money to best use. Here are ten ideas where $1000 can make a difference today.
Does money buy happiness? Well, it certainly can create unhappiness. This roadmap provides the tools to build mom and dad’s plan.
It is prudent to take into consideration one's unique circumstances, including one's investment time horizon and liquidity needs.
Last week, we received a call from Santa Rosa, from a widow who is feeling the holiday spirit. She is financially secure, will have significant capital gains this year, is worried about those in her community, and her immediate family. She had a sum of money in mind to help, and asked us for our 5 best ideas.
Most recently, in June, we had the British European Union Exit (BREXIT) vote that pushed their concerns over the edge and decided it was time to take action.
Burt and Alice both turn 70-1/2 this year. They knew they now had to start drawing from their 401(k)s and IRAs through something called a “Required Mandatory Distribution.”