Ransomware is something that keeps IT directors and cybersecurity professionals awake at night, but many people have no idea what it is or how it could drastically affect their lives. The simple explanation is that ransomware is a software virus used to take over a company’s database until that company pays a ransom. These attacks …
Cash in with a better cash strategy, earn higher interest Do your bank deposits still earn next to nothing? They shouldn’t be, and you don’t have to take it anymore. I know that banks haven’t paid much in interest since the last financial crisis, but times have changed. Your accounts should be yielding something closer …
If you ever spend time watching financial gurus bark loudly on television about how to live your best financial life, there is no doubt you have heard them talk about spending less. On financial radio shows, I hear similar stories imploring people not to spend. The guidance is to save more, save early and save often! While that …
If you think financial advisors spend all day golfing, you need a new advisor. Rendering financial advice is challenging and it takes a competent and intelligent professional (who is supported by a team of competent and intelligent professionals) to do the job right. An advisor cannot stay at the top of their craft by polishing …
We all use an abundance of electronic devices to share, transmit and store personal data. Some of the information our devices collect and share about us is harmless – such as how many steps you’ve taken today. On the other hand, we also have more critical data, like credit card and banking information, which would …
If you ever see the word “FREE” emblazoned on a financial services advertisement, or you hear someone telling you that they don’t pay any costs in the financial services world, feel free to roll your eyes sarcastically. In fact, my preference is that when you see the word “FREE” in regard to anything in the …
Let’s be honest. Have you ever spent time looking at how all your investments are allocated (what your investments hold across your entire portfolio of holdings)? If you’re like most investors, you probably don’t give much thought to your mix of stocks versus bonds – but you should! Understanding your allocation is fundamental to understanding …
When it comes to portfolios, some things stay the same no matter the generation of investor. At any age people hate losing money and love talking about their winning investments. I’ve practiced in the financial services industry for more than 20 years and I am amazed at how many stories I’ve heard about “the best …
Issues related to money can be troubling and detrimental in many relationships, but many of the conflicts arising from money issues are avoidable if you address them effectively. Consider the items below as our suggested “to‑do list” as you or someone you know is starting to merge separate finances and while preparing for a future …
You know when you want to retire and you’re laser-focused on saving to get there. However, retirement planning isn’t JUST about saving enough money. There are other factors you need to consider. Otherwise, it won’t matter how much you save if you don’t plan properly. The unexpected You may have already jotted down what you …
