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Archive for July 2019

What Is An Annuity?

An annuity is a financial product offered by an insurance company. Annuity are not backed by government or FDIC, but by the insurance company. An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.…

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What Is A Roth IRA?

Roth IRA: Tax-free financial account that uses after tax contributions. For the roth IRA at age 59.5 or after 5 years you may access the money free of tax. A Roth IRA plan under United States law is generally not taxed upon distribution, provided certain conditions are met.  

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5 Tips for Successful Long-Term Investing in the Stock Market

Did you know only 52% of Americans invest in the stock market? The reasons for this are varied, from fear after the market crash of 2007-2008, the current market unpredictability, to a lack of understanding/fear. Since 1995 though, the S&P 500 has risen 7.8% a year on average. At that rate, someone starting with $1,000 and putting just $100 a month into a fund indexed to the S&P would after 35 years have $227,078 — enough to generate an added $17,000 a year of income in retirement.

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What Are Investment Benchmarks?

Investment Benchmarks: A way to measure how well your choice of investment is doing. Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies.  

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Perfecting the Plan for Your Ideal Retirement

Many people plan their family vacations better than they plan their retirement. This week, retirement specialist Michael Andersen goes over how to make sure you have all of your bases covered when it comes to one of the most important planning opportunities of your life — your retirement.

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Who Is Your Custodian?

Your custodian is the financial institution where you actually have your own account. Different custodians have different roles and fees. In general, a custodian is a bank or a financial institution that holds financial securities such as stocks, bonds, gold, etc. Where we manage your investments, your actual money is secured and insured by your…

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What Is A Fiduciary? | Defining of Fiduciary

A fiduciary is someone who is held to legal and ethical standards of putting your interest first. Fiduciaries have to disclose how they get paid and how much they charge. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties.

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