Free Retirement Plan

To calculate the rate of return on a Roth IRA, determine the current balance in the account, figure out the expected percentage rate, and use an anticipated time frame to make the calculation. Consult the financial institution that holds the Roth IRA for tools to help calculate the account with advice from a financial adviser in this free video on retirement savings.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz

Duration : 0:1:45

(more…)

I have $170,000 to be used for all my expenses during 5 years of school and am looking for a safe, hands-free place to invest it. I have worked out my budget for the next 5 years and this money should be enough to cover my expenses if it grows above inflation. I am not interested in purchasing real estate, owning a business, or managing a large stock portfolio, so I would be grateful for any ideas regarding the best way to invest this money for the next 5 years. I will need to be able to withdraw 20% of the money each year to cover my expenses. Money-market savings accounts and certificates of deposit do not appear to have high enough interest rates to be viable options. The only option that I have found so far are Treasury Inflation-Protected Securities (TIPS) and Vanguard Inflation-Protected Securities (VIPSX) looks to be the best TIPS, but I don’t know enough about inflation, diversification or investing to know if putting the entire $170,000 in a TIPS for 5 years is the best option. I would greatly appreciate any financial planning advice regarding my situation. If you could map out the specific investment vehicles or sketch a composite portfolio for the $170,000 I would be very thankful. This would be easier for me if I was investing for the long term, but my 5 year window, expense requirements, and the current inflation outlook and bear market make my situation very confusing. Thanks for your help.

8% CD. insured. Europe

But to my mind the best way to invest money is to invest in business. It’s more profitable – up to 40% per year.
You may contact me for a good advice.

NOTE: I don’t need your money.
I wish you success in your investments!

I’ve been told by an advisor at the Hallifax that the reason my investment ISA went down in value is because I paid my full allocation in one lump sum. By paying the same amount in regular small amounts, I could have spread the stockmarket-related risk to the point of virtually guaranteeing 10-20% profit. This is assuming I understood the nice lady correctly! Does that sound right? If so, What’s the optimum amount to pay in? Would paying in weekly be more profitable than monthly?

if the market goes down, then yes your risk is reduce because you are averaging in, that is being able to buy more share with the same amount of allotted money.

however if the market keeps going up you’re buying less but still making money on the way up.

this type of investing is usually on a 3 to 5 year time-horizon and you should not invest money you need right now to live off and pay bills etc

there is no optimum, the market are always changing, they are the sum of everyone fear and greed…so the market is irrational and cannot be approached in a rational manner even thought many people think they know what they are doing.

i would suggest you put in a equal amount every month…most institution track the market on a weekly and/or month timeframe

I’m looking for a credit counselor who can sit down with me and look at my financial situation and help me come up with a plan to manage my debt. I need help getting out of debt but can’t seem to find any legitimate places to go to get help near Sherman Oaks, CA.
I am past due (90 days) on all of my bills except rent, cell, and car. I’ve estimated my debt is about 7k.

First don’t pay someone money to do something you can do yourself with a little time. What kind of debt are we talking and are the accounts still current?

this is in reply to additional info.

Since your already 90 days past due you could contact the creditor and ask them how to settle the account the worst they could say is no they want the full amount. Or you could wait until you receive a letter from a collection agency they are more apt to let you settle it for much less than what’s due and you could always negotiate with them to delete it from your credit profile once it’s paid. Or you can have them update your file to read pays as agreed.

I do have a sample letter you could send them once they contact you if you want it just email me.

Are these all small amounts to each creditor or do you just owe a few people?

I am in the financial services business, and have been doing this on my own full-time for 1 year, but have done internships and other work experience in this industry since 2002. My wife’s father has a very successful financial planning practice that he is wanting to slowly sell to me. He currently has about 800 families that he works with along with a large amount of 401(k) and health insurance that he manages. He wants to only work with his top 50 clients which would leave a lot of clients that I could service and work with. In other words an immediate client base plus I will get 20% of whatever business he produces to insure that I stick around. This would double my income next year and more than double it in coming years. I am good at what I do, but having an established clientele base would be huge for my career. My concerns are living close to family and having potential problems down the road with him and having a falling out. Any advice?

All reservations can be solved in a contractual agreement. That is what they are for.

Predict all possible problems in the future and write up a contract that will protect you both in case they happen.

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It’s Your Time. Time To Take Control & Create True Financial Prosperity & Wealth In Your Life. Time To Achieve Higher Levels of Personal Success & Optimal Well-Being. Time To Live a Life You Design & Achieve Health, Wealth, & Wisdom.
(Sales Commissions: M-1 $900 USD, M-2 $4,500 USD, M-3 $7,000 USD)

ID# Key: 18373 Website: http://bit.ly/bu2V5i

Duration : 0:5:0

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Your Credit

On the day that you decide to set foot on the path to financial freedom you should take a good hard look at your credit reports. The content of your credit will determine your credit scores. Every one of the building blocks of your financial plan is important. But if you ignore your credit every single large obligation in your life can end up costing far more than it should.

Credit Repair

As a credit repair professional I can tell you that there is a strong likelihood that your credit report contains errors that are having a negative impact on your credit scores. When you review your credit reports please take the time to look at every single item. The all important FICO credit scoring model places a significant amount of weight on information that you might not normally consider. Most people scan their credit report in search of obvious derogatory items like late payments or collections. Important information like the age of each account as indicated by the initial reporting date is often ignored. There are a number of important categories that can have a major impact on your score that you need to examine. A close look at all three of your reports will pay dividends.

Live Within Your Means

Over time life will force you to live within your means. It is a universal truth. If you live beyond your means today you will inevitably be living below your means tomorrow. Spending beyond your ability to repay is a temptation to which too many people succumb. The result may be familiar to you! If you find yourself wondering where the money for your car payment will be coming from, or if you find yourself examining the content of your checking account and realizing that you will have to cut back on your food budget, you have probably over committed yourself.

Start Your Budget Now

How much do your really have available to spend? This is not a complicated question. For most people the answer comes in the form of their weekly paycheck. If you want to put an end to financial stress you have to make a serious effort to live within a budget. Whatever it takes you have to make your expenses fit within the constraints of your income. If after a careful accounting you discover, as many people do, that your expenses exceed your income you must take immediate action to correct this situation. There are only a couple of options. If you have examined your credit repair options as a means of reducing the cost of your credit the only choice left is to look at ways to cut back. If you are serious about achieving financial freedom you need to make this a priority.

The Beauty of Simplicity

If you find that your expenses exceed your income you need to look at each expense item with an open mind. If you want to be free from money concerns you may have to make sacrifices. This is a matter of priority. If you have purchased an automobile with an oversized payment you should consider trading it in for a car that fits within your budget. Are you stuck with a mortgage that is sucking so much money out of your account each month that you have nothing left over? If you want peace of mind you should consider downsizing. There is no shame in this. If you don’t make these decisions voluntarily today you may find that your creditors are forcing you to make the decisions tomorrow. In the credit repair business we see people every day that have come to these valuable realizations the hard way.

Inner Wealth and Outer Wealth

You should not look at these budgetary decisions as an austerity plan. The inner peace that comes from living within your means is far more satisfying than the pleasure of buying unaffordable possessions. If you can fully grasp this concept and put it into practice an amazing thing will happen in your life. You will discover that you have more money than you need each month. And having discovered the joy of living within your means you will naturally discover the next step towards financial freedom which is savings and prudent investment. The value that you place on inner peace will inevitably lead you to real wealth. The first steps towards financial freedom may seem hard, but the moment that you commit yourself to the path you will feel a burden lift from your shoulders. You are on your way.

Copyright © 2007 James W. Kemish. All Content. All Rights Reserved.

Jim Kemish
http://www.articlesbase.com/credit-articles/credit-repair-and-financial-freedom-121170.html

If everything including the death of an infant who never left a hospital is apart of Gods "big plan". Why should the government give aid to the disabled or mentally ill? "God" created them that way and God wanted them that way, so why should we try to change that?

Let’s put that money to better use without angering our almighty "God". How’s about a free taco Tuesday for every man, woman and child?

No, because Jesus told us to look after other people (Matthew 26:34-36). Most of the miracles done by Jesus were acts of healing, which would seem to imply we should be trying to help the sick and disabled.

Hi,
I need to know what a Financial Planning Company is and what exactly those companies are doing….

thanks

A company that offers Financial planning services offers licensed financial advisors to assist customers who are looking to create a financial plan. Financial planning helps individuals prepare for their future goals, typically these goals would be planning for retirement, planning to pay for college, and planning for other major life events. A financial advisor will help you develop a financial plan to help ensure that you have the money you need saved to meet your long term financial goals.

The difference between a Roth IRA and a traditional IRA is that a Roth IRA taxes contributions, while a traditional IRA has tax-free contributions, but may require taxes upon withdrawal. Consider whether taxes will be more or less in the future to decide between traditional and Roth IRAs with advice from a financial adviser in this free video on individual retirement accounts.

Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz

Duration : 0:2:30

(more…)