While many market participants wait for the “inevitable” rise in short-term interest rates expected when the Federal Reserve tightens its monetary policy, some investors may have missed the increase in short-term rates already underway as a result of market forces.
When introducing evidence-based investing, we like to begin by explaining why we feel it’s the right strategy for those who are seeking to build or preserve their wealth in wild and woolly markets. Of course sensible strategy is best followed by practical implementation, so it’s also worth describing how we select the funds we typically employ.
Estate planning can be as simple as drafting a will or as complex as setting up specialized trusts. When you are ready to create your own plan, it’s wise to enlist the help of a qualified, experienced estate planning expert.
Changing jobs? Let your employer know what should happen to your retirement account balance. Indecision or lack of communication on your part may mean that the money sitting in a retirement plan when you leave a job could be transferred to an IRA — or cashed out — without your consent.