At Advance Capital, the well-being of you and your family is our top priority. We understand the concern and uncertainty you may be experiencing surrounding the coronavirus outbreak, as well as its impact on the capital markets and economy. We wanted to take the moment to reassure you that we are committed to being responsive to your needs as the situation evolves. We are working diligently to navigate the plethora of information to make informed investment decisions on your behalf. An emotional or impulsive decision often ends up being the wrong one. We prefer making changes to your account that are based on solid economic data and concrete facts.
Unless you happen to live under a rock with no cell signal, your brain processes an extraordinary amount of information every day.
The two costliest mental pitfalls investors face are fear and greed. Though an argument could be made for a third, equally harmful danger: amnesia.
One of the most important things to plan for in retirement is healthcare. Essentially, how are you going to pay for medical costs that will only rise as you grow older?
Bull and bear markets, though diametrically opposed, share one distinct quality. In both environments, people will find reasons why it is not the right time to invest.
Business transactions can feel uncomfortable when there is an imbalance of knowledge between you and the person providing the product or service. If you know nothing about cars, you can’t help but feel suspicious when a mechanic recommends unexpected repairs. Unfortunately, some people try to take advantage of that discrepancy to enrich themselves at your expense.
Debt is as American as apple pie, found in households of all shapes, sizes and incomes. It is a part the financial lives of both the rich and poor as well as the working and retired. Given debt’s many harmful effects, what can you do to best manage it? The answer may lie in understanding what propels you to borrow in the first place.
Don’t let anyone tell you that your birthday is just another day. Each revolution around the sun may mean greater access to your retirement savings and other assets. That’s worth celebrating. As you start to prepare for retirement from AT&T, there are some birthdays that are more important than others.