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Nice summary of how advisors get paid
Nice summary of how advisors get paid Nice summary of how advisors get paid, via Financial Ducks In A Row (Jim Blankenship). Discusses commissions, fee-based and fee-only. Read more
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Forbes: 7 Questions To Test Your Financial Literacy
Great, short, informative article. I can’t tell you how many times I run into #3 and have to explain the difference between a container and what one puts into a container. And, given where I live and work, how many people have *way* too much tied up in company stock (#5), and often it’s in… Read more
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John Steele Gordon on the Carried Interest Loophole
The always-worth-reading John Steele Gordon, on the absurdity of the carried-interest tax loophole (which mainly benefits hedge-fund managers): <http://online.wsj.com/article/SB10001424127887323415304578370910199546982.html?mod=ITP_opinion_0> He also describes a bit of the way hedge fund managers are paid. What isn’t mentioned is that the investors themselves are often getting fleeced, too. Recently we’ve seen how some of these funds end up… Read more
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How to Save More For Retirement Without Really Trying
Today’s column from the excellent Jason Zweig: http://online.wsj.com/article/SB10001424127887323361804578390313278109482.html?mod=djintinvestor_t How to Save More For Retirement Without Really Trying [Click the link above to read the entire article] A highlight or two: • When people want to save but can’t bring themselves to do it, their retirement funds need to do the saving for them—automatically. • At companies that… Read more
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Five Signs You Picked The Wrong Financial Advisor
Follow this link to <http://www.businessinsider.com/5-financial-advisor-red-flags-2013-3> Five Signs You Picked The Wrong Financial Advisor by Libby Kane at LearnVest (with a couple of quotes inside from another LearnVest advisor). The article definitely favors Fee-Only and CFP advisers. Naturally, that resonates with us here at Meyers Wealth Management, as that describes us exactly. But just because we… Read more
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Sally Krawcheck: The 5 Real Reasons to Hire a Financial Advisor
From her article posted on LinkedIn – http://www.linkedin.com/today/post/article/20130326054847-174077701-the-5-real-reasons-to-hire-a-financial-advisor Summary follows. Please visit the site to read the actual article. She adds important details. 1. Press you to answer questions you don’t want asked 2. Put together a financial plan 3. Identify risks in your portfolio that you might look right past 4. Talk you through… Read more
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