Dealing with addiction within a family can have a profound impact on various aspects of life, including finances. It is crucial for families to not only provide support and care for their loved ones struggling with addiction but also to navigate the financial challenges that may arise. In this article, we will explore effective strategies […]
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By David K. Hicok, ChFC Every month I sit down to write this newsletter with the hopes that you’ll find it interesting and timely and that it will make some difference in your life. I try to resist making any predictions about where the market, economy, interest rates or inflation are headed. Not only is […]
Financial assets can refer to many different types of accounts, investments, cash, cars, collectibles, real estate, and much more. During a divorce, the individuals involved will often only discuss splitting everything 50-50. However, some of these assets may be more important to one spouse over the other considering the liquidity or illiquidity of an asset […]
With the market volatility at what seems like an all-time high, we tend to focus on our monthly statements showing an ever changing or declining investment balance. What do we do now? Research: looking for the companies with positive cash flows (we like good cash flow) and industries that will continue to grow. We look […]
People spend more than 30 years saving for retirement. That vision of retirement frees them to spend time traveling, or pursuing a second career or favorite hobby, time with family and other personal pastimes. What most people don’t realize is that it’s not just about saving money to be set up for a happy and […]
Despite the sharp daily gains followed by steep losses, we are no worse off in the market than we were back in March, that is until last Friday. So what has happened in the last five weeks that has the markets changing direction once again? Corporate earnings are not to blame. By Barclays’ estimate, companies are […]
Authored by Lauren Mullee, from the law offices of Lauren Mullee. Reprinted with her permission. Divorce attorney Lauren Mullee, recently met up with Keythe Ward-Aguilar Certified Financial Planner and founder of ProCore Advisors, in Newport Beach, to discuss the implications of divorce and financial planning. After initially working as a stockbroker, Keythe experienced her own […]
The pandemic is here, and we’ve found ourselves in bear country without enough toilet paper. When markets fall as rapidly as they have over the last few weeks and the country is going into lockdown, it’s reasonable to be worried about a situation that seems unprecedented. But let’s not panic. Because we’ve been here before. […]
When it comes to retirement and finances, there is no shortage of advice on why you should save or how you should save. You see the commercials on TV showing one tiny domino gradually becoming a massive tower, or friends and family members are always open to share their success stories, and of course is […]
Somewhere along the way the “American Dream” was to own a home. But, should it be? It has been somewhat of an ideology for generations that owning your home means that you have achieved a certain milestone in life. That status symbol of owning a home has been one reason home ownership has remained at […]