FG Trade | E+ | Getty Images Opportunities in the dip For young investors with the longest time horizons to plan for retirement, today’s market downturn also provides an opportunity, according t...
Tag: Financial planners
Investors need to keep emotions under control in this volatile market
NicolasMcComber | E+ | Getty Images Whether you’re new to investing or have been in the market for years, you may feel a little bit like you are lost at sea looking for a safe harbor. Investors are co...
Tax pros ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty Images An audit by the Treasury Inspector General for Tax Administration revealed the IRS has tossed data for millions of payers, sparking anger from the tax community. The mate...
Here’s why a Roth IRA conversion may pay off in a down market
Morsa Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on...
Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and reces...
Over 60 million tax returns could be completed automatically, study says
Tom Werner | DigitalVision | Getty Images The IRS may have the ability to automate nearly half of tax returns, according to a working paper from the National Bureau of Economic Research. The agency co...
Here’s how much cash retirees need to weather a stock market downturn
Luminola | E+ | Getty Images Amid high inflation and rising interest rates, there are fears of a prolonged stock market downturn, and some retirees may be vulnerable without a cushion of cash, financi...
Here’s where financial advisors say I bonds may work in your portfolio
I bonds are currently paying 9.62% annual interest through this October, presenting an opportunity for investors with a range of goals, according to financial experts. These assets, backed by the fede...
Sudden wealth can come with serious emotional and financial challenges
D-keine | E+ | Getty Images Money, for all the opportunities it affords, can be a major source of stress and anxiety if you’re not used to having it. Coming into sudden wealth, whether via inher...
I bonds to deliver a record 9.62% interest for the next six months
Marko Geber | DigitalVision | Getty Images If you’re eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, may now be even more appealing. I bonds are...
Georgia is now the latest state to mandate personal finance education
Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, Januar...
Former basketball player turned advisor offers money advice to college athletes
University of Arizona Wildcats guard Joe McLean plays defense against UCLA Bruins guard Kevin Dempsey during a Pacific-10 Conference game on Jan. 7, 1993. Ken Levine | Getty Images Sport | Getty Image...
Why investors should care about who owns their advisor’s firm
Getting financial advice online is easier than ever before. Even so, many investors are likely to discover that there is no substitute for a human financial advisor. The problem, however, is selecting...
68% of investment execs think clients shouldn’t own cryptocurrency
A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors sho...
Financial anxiety is high. Why financial planners may miss the signs
The Covid-19 pandemic has made it difficult for people to answer big questions about their futures, and many financial planners are underestimating the financial anxiety that is causing, according to ...
Robo-advisors are gaining popularity. Can they replace a human advisor?
Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robot...