In case you haven’t heard, the Charles Scwab brokerage firm recently came out with an on-line automated investing program that they are advertising as Free! Here’s what’s hidden in the fine print:
Helping adult children does more harm than good
Here’s something to think about this the next time you’re asked or tempted to provide “financial assistance” to a friend or family member.
What should you do if you need income from your investments?
Interest rates are still very low, making fixed income investments like bonds and CDs very unattractive. So what should you do if need income from your investments?
More horrible tax advice
Recently I heard about a situation where a retiree had been “advised” to move their IRA money into something called an Insurance Based Retirement Plan. This is just horrible tax advice, here’s why.