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Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., and Joe Saul-Sehy, host of the Stacking Benjamins podcast, discuss what should take priority: planning for retirement or planning for potential economic disaster?
Should your estate plan include a trust?Is creating a trust appropriate for your estate plan? Learn about the ramifications of trusts on probate, inheritance, and maintaining control of your assets. Listen to Joe Saul-Sehy on www.moneytreepodcast.com and www.stackingbenjamins.com. Follow him on Twitter @AverageJoeMoney
Spending money can be an educational experience. Joe Saul-Sehy, host of the Stacking Benjamins podcast, and Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., discuss how to turn a shopping trip into an enjoyable personal finance lesson. Find out how to teach your kids how to make better choices about spending money. Should you ask a financial advisor for references? When a professional provides client references, will you get an objective opinion? Douglas Goldstein, CFP®, explains what you need to look for when choosing a financial advisor. Learn why references may not be the best benchmark for excellence, and how to check a financial advisor's credentials online. Click here for an article on how to pick a financial advisor. Listen to Joe Saul-Sehy on www.moneytreepodcast.com and www.stackingbenjamins.com. Follow him on Twitter @AverageJoeMoney
Millennial financial expert Amanda Abella, author of Make Money Your Honey, discusses the unique issues facing millennials with Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd. Why do so many young people have financial fears? How can they overcome them and begin investing? Find out what millennials need to know in order to plan for the future.
Don't use email for financial transactionsEmails and other quick forms of messaging leave open the possibility of miscommunication. Douglas Goldstein, CFP®, shares an example of what happened when an email with financial instructions was misunderstood and gives advice on how to communicate effectively with your financial advisor. Follow Amanda Abella at www.amandaabella.com and on Twitter @amandaabella
Personal finance blogger Pauline Paquin discusses the importance of considering where you live when deciding upon retirement. She tells cross-border financial advisor Douglas Goldstein, CFP®, why she moved from her native France to Guatemala. Find out which financial steps you need to take if you relocate before retirement.
Find your magic number to reach retirementIs there a magic amount of savings that enables you to retire? What factors, other than age, should be taken into consideration when determining when and where you'll retire? Find out five important questions that you need to ask yourself - and your spouse. Follow Pauline Paquin at: www.reachfinancialindependence.com and on Twitter @RFIndependence
Eric and Wendy Nissan, co-founders of DIY.FUND, discuss with Douglas Goldstein, CFP®, why investors – and their advisors -- need a holistic approach to managing money. Find out why practicing trading with investment simulation games won't help you deal with the reality of working with the financial markets. What is the hardest part of personal finance? The hardest part of investing is not being able to predict the future. The easy part is the paperwork. Douglas Goldstein, CFP®, explains how technology is making financial paperwork easier to deal with. Follow Eric and Wendy Nissan at: www.diy.fund and on Twitter @Diyfund
Is there a way to be certain that you will always have enough money to follow the retirement lifestyle of your choice? Personal finance commentator Jane Bryant Quinn, author of How to Make Your Money Last: The Indispensable Retirement Guide, explains why there is no magic formula for retirement planning and how one of the keys to making your money last is to "right-size" your expectations. Can the economy change for the better? Doug Goldstein, CFP®, talks about looking at the longer-term view of the world economy. Can things get better? Will you benefit from the world's future abundance? Get a more optimistic outlook on the world economy, and find out what Doug learned from Peter Diamandis, author of Abundance. Follow Jane Bryant Quinn at: http://janebryantquinn.com and on Twitter @JaneBryantQuinn
Douglas Goldstein, CFP®, cross-border investment advisor, speaks with Steve Vernon, researcher at the Stanford Center for Longevity and author of Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck and Recession-Proof Your Retirement Years. Get an overview of the various long-term income options available to you when you retire.
Three things to do in 2017 to become financially secureDouglas Goldstein, CFP®, director of Profile Investment Services, Ltd., shares three simple steps that you can take this year to stay financially secure. Find out what these steps are on today's financial podcast. Follow Steve Vernon at www.restoflife.com
As time is a valuable commodity, why do people undervalue it? Roger Whitney, CFP®, host of The Retirement Answer Man podcast, discusses the connection between saving time and saving money. Find out why spending hours just to save a few dollars can cost a fortune in the long run. Is it fair to say investing in stocks is like gambling? Financial planner Douglas Goldstein, CFP®, and guest co-host Linda P. Jones, host of the Be Wealthy and Smart podcast, talk about placing bets, beating the odds, the stock market, and gambling. What is the best way to increase your odds at making a profit in the market? Why do people equate gambling with buying stocks, and why are they wrong? Follow Roger Whitney at: http://rogerwhitney.com/ and on Twitter @Roger_whitney Follow Linda P. Jones at: http://www.lindapjones.com/ and on Twitter @LindaPJones
How can you boost your credit score?
Liz Weston, columnist at NerdWallet and author of Your Credit Score: How to improve the 3-digit number that shapes your financial future, explains why your credit score is important, what it's used for, and how to build it. Learn responsible ways to use a credit card, so it won't hurt your credit rating.
How to invest in a low-interest environment
Doug Goldstein, CFP®, discusses how investors can lose money by leaving it in the bank. Why are low interest rates harmful to your investments? Discover the most effective ways to invest your money and stay ahead of inflation.
Follow Liz Weston at http://asklizweston.com and on Twitter @lizweston.
Does your teen know how to balance a checkbook or other basic points of financial literacy? Mindy Ajzner, founder of Chaim BePlus, an organization that teaches personal finance skills to young people, discusses what teenagers need to know about keeping track of their money. Many teenagers have no idea about how banks work, budgeting, or bill paying, and as a result can fall into the cycle of debt from an early age. Learn how to become fiscally responsible with a personal mentor. Listen to the podcast for details about joining the program. Do you understand your insurance policy? Financial literacy is an issue with adults too. Douglas Goldstein, CFP®, director of Profile Investment Services, Ltd., shares what happened when one of his clients bought the wrong insurance policy. Find out the questions you need to ask your insurance agent before you buy a policy. Download free tools to help you gain a better understanding of your pension plan. Follow Mindy Ajzner at http://www.chaimbeplus.org to get information on courses and financial mentoring for your teens.
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