Financial Living Blog

When a Roth Conversion Makes Sense

Jul 1, 2020 8:08:16 AM

A Roth IRA provides several advantages in retirement when you start to use your savings for income. Whether you should consider a Roth conversion depends on your current and expected future financial situation, but sometimes also the state of the market and the economy.

Read More

Can You Think Your Way to Wealth?

Jun 22, 2020 3:30:21 PM

For an extraordinary high-achiever like NBA legend Michael Jordan, you could reasonably attribute his success to one of many things. His natural athleticism. His high basketball IQ. His shoes. But to His Airness himself, it was the result of a relentless mindset:

Read More

Buyer Beware: How Low Interest Rates Impact Annuities

Jun 10, 2020 1:20:00 PM

If you want the guaranteed income an annuity can offer, make sure the payout is worth the various downsides.

Read More

Preparing for the Economic Recovery

May 18, 2020 10:30:41 AM

And now, for a look toward a better future.

We won’t know the full economic impact of the coronavirus outbreak for quite some time. With more than 30 million people out of work, we know the damage is severe. But we also know that eventually the economy will recover. Economic activity is generally cyclical. Every recession – no matter how deep – has been followed by an expansion.

Read More

Terra Hohf: Named to Forbes Top Women Wealth Advisor List

Apr 23, 2020 12:15:30 PM

Earlier this week, I received some exciting news. Forbes magazine reached out to tell me that I have earned a spot on their 2020 Top Women Advisors list.

Read More

Investing by the Numbers: Are You on Course?

Apr 17, 2020 2:19:07 PM

When put in a stressful situation, it’s easy to resort to our instincts and emotions. Which can be both good and bad. Courage and patience help; fear and hastiness hurt. But what is often most effective is direct, objective information to guide us forward. This is true in all critical situations, whether it’s investing or flying a plane.

Read More

Questions to Ask Yourself Now

Mar 30, 2020 8:29:51 AM

In times of uncertainty, intuition tells you to take action. While doing something, anything, may make you temporarily feel better, it’s purposeful actions that will make a difference. To find out what moves could improve your situation, it helps to ask some pointed and unemotional questions – especially when it comes to your financial life.

Read More

How Much Investment Risk Should You Take?

Mar 23, 2020 3:10:23 PM

If you feel uncomfortable about fluctuations in the stock market, does that mean it’s time to rethink your investment risk tolerance?

Read More

How Will the Coronavirus Impact Your Money? Steps to Prepare

Mar 18, 2020 7:33:27 AM

Right now, you may be experiencing concern and uncertainty surrounding the coronavirus, as well as its impact on the capital markets and economy. At Advance Capital, the well-being of you and your family is our top priority, so our hearts go out to all those who have been directly affected.

Read More

7 Tips for Spotting “Fake” Financial News

Mar 9, 2020 2:02:33 PM

Unless you happen to live under a rock with no cell signal, your brain processes an extraordinary amount of information every day.  

Read More
    
Take our 10 step dream questionnaire to get a start on your future

Subscribe to Email Updates