Why Your Portfolio Needs Bonds

Why Your Portfolio Needs Bonds

At the simplest level, an investment portfolio generally consists of three components: cash, stocks and bonds. You need to hold bonds in your portfolio for a number of reasons, primarily for capital preservation and yield; this article will look at these points in more detail. A bond is an obligation used by large entities to raise money; it’s similar to a loan. In exchange for borrowing funds over a predetermined period of time, the issuer pays a coupon, or interest, to the bondholder over the life of the bond. At the end of that period, the bond’s maturity date, the…
Read More
Social Security Planning

Social Security Planning

For most people, Social Security is the largest source of retirement income. In fact, 65 percent of retirees receive at least half of their income from it. How and when you claim Social Security is one of the most important retirement decisions you will make. Make sure you get it right. Choose What Age to Claim Social Security Benefits. When claiming your Social Security benefits, there are multiple strategies; such as “file and suspend” and “claim now, claim later”. There is endless debate about the right time to start drawing Social Security and the answer is different for everyone. (more…)
Read More
Registered Investment Advisors

Registered Investment Advisors

Do you have money to invest? Not sure how to do it? Many people hire someone to help. When searching for the right person to manage your investments, there are a few important things to keep in mind. Don't hire a salesperson. When a financial advisor gets paid based on the product that you buy and he is the only one advising you what to buy, a conflict of interest arises. Broker dealers and fee-based advisors are held to a suitability standard, meaning they only have to sell a suitable product. Just because it’s suitable, doesn’t mean it’s in your best interest.…
Read More