If you’ve watched or read the news lately then undoubtedly you’ve heard about the issues facing Greece and Puerto Rico. The bottom line is that both countries are struggling financially. Greece cannot pay the $1.5B note on the money they’ve borrowed from the International Monetary Fund (IMB) and Puerto Rico cannot fully repay its $72B […]
My Thoughts on Greece and Puerto Rico Read More »
I’m very proud to announce that my dad (I mean Phineas Peabody) recently released his first children’s book, “Pint-Sized Pauley and the Giant Volcano”. I apologize for being off financial topic, but I wanted to share his accomplishment. This book is on Amazon in print and Kindle format and at all major bookstores. My dad
I’m Proud To Announce… Read More »
Are you wondering why your diversified portfolio has not performed as well as the U.S. stock market (S&P 500) lately? If so, let me ease your concern. It is not appropriate for your diversified portfolio to have earned the same monstrous returns that the S&P 500 has lately. Reason being is that the majority of investments in your
by Daniel T. Julius To start with, let’s not hide from the question at hand: Yes, you can “accomplish” estate planning by doing nothing more than putting your spouse and/or children’s names on each of your assets. When you die, the assets to which you have added your family members’ names will automatically pass to
Can’t I Just Put Their Name on the Account? Read More »
I previously wrote about my clients, Paulo and Laura Ribeiro, whose unborn baby was diagnosed with Potter’s Syndrome. As a recap, this is a condition in which the baby’s lungs are undeveloped, meaning that once born, the baby will be unable to breathe and will not survive. I’m very sad to report that the Ribeiro’s
What Would You Do With 10 Minutes? Read More »
I was really mad at God when He allowed my daughter to break her wrist. Looking back I realize how foolish that was considering that I have a client who is facing a much more real danger. A RECIPE FOR DISASTER About 6 weeks ago, I was playing in the front yard with my almost 6
A Bicycle and a Jump Rope Read More »
As a small business owner, perhaps you’ve been contemplating the best type of retirement plan to implement at your company. When looking to set up a company retirement plan for the first time, the amount of choices can completely overwhelm you. In fact, there are over 20 different types of plans that you could potentially
Simple IRA vs 401k – Which Should A Company Implement? Read More »
We recently worked with a small business to help them identify and understand their company sponsored 401k fees. The 401k plan was actually an insurance product that was put into place prior to working with us. And in case you don’t know, insurance products typically involve lengthy, confusing contracts. In fact there were 170 pages within
Are Your Company 401k Fees Too High? Read More »
Last year we remodeled our house to get it ready to sell. It took us a lot longer than we thought. 2 ½ months to be exact. If you know me, you know that I’m not much of a handyman. I often times joke that I get really anxious / angry when in a home improvement
How To Manage Your Finances Read More »
If you can relate to any of the following scenarios then this blog post is for you: You are a one (or multiple) owner company with no employees. You are a husband and wife owned company with no employees. You are a 1099 contractor with no employees. Over the past few weeks I have been
SEP IRA vs Solo 401k Read More »
Have you ever had the thought, “Should I buy an annuity?” If so, you’ll appreciate this actual client story. A client of ours purchased an annuity from someone else many years ago. But before I tell you this story, let me briefly explain what an annuity is and how I feel about them. WHAT IS AN
The Annuity Nightmare Read More »
As a business owner you have a tremendous opportunity that your employees do not have. You have the ability to set up a 401k plan. Employees don’t have a say in what type of retirement plan, if any, their company offers. But for you, as a small business owner, you get to choose whether or not
4 Secret Benefits of Setting Up a 401k Read More »
* Downloading PDF will also sign you up to receive weekly financial tips. But don’t worry, you can always unsubscribe anytime.