How to Put Together a Winning Taxable Investment Portfolio

Editor's note: This is a an article from Jeff Rose, who wrote the book Soldier of Finance. Since Jeff is a CFP I asked him to share his thoughts on building a taxable investing portfolio - something I'm hoping to do in the near future. Here's Jeff... Let's face it, paying taxes is a major letdown. That's why financial planners like myself love tax-advantaged investment accounts. They offer you the chance to set aside money for the future in an efficient manner … [Read more...]

Stay Out of the 401k Penalty Box

Just like in hockey, there can be penalties with your 401(k). High sticking in the NHL will get you a minimum 2 minutes in the penalty box. Same rules apply for cross-checking. In more severe cases, the penalty can be doubled that. The bright side to all that is after the penalty time expires, you are allowed back on the ice to play again. Hopefully, with no harm to the team. In retirement planning, this is often not the case, especially when it comes to your … [Read more...]

5 Ways to Save for College

Choices. Choices. Choices. It's always nice to have choices when it comes to making important decisions in your life. Sometimes though, having a multitude of choices can be overwhelming. Working with clients when it comes to planning for their kids college education is a perfect example. The are many ways that you can save for your kids' college education. For somebody that feels overwhelmed, here's a quick look at the five basic ways that you can save to pay that … [Read more...]