Holiday Bonuses The holidays often bring lots of cheer, festivities—and those much anticipated year-end bonuses. What is the best way to spend your holiday bonus? HOW GENEROUS ARE BUSINESSES TO THEIR EMPLOYEES OVER THE HOLIDAYS? Accounting Principles surveyed 500...
Paul K. Fain, III, CFP®
WBIR: Mutual Funds and Star Ratings
How do you select a mutual fund to invest in? Well, for one thing, a recent article in the Wall Street Journal challenged the notion of relying on “star ratings” to make your picks. WHAT IS THIS HULLABALU ABOUT THE STAR RATINGS ON MUTUAL FUNDS? Morningstar research...
WBIR: Smart Spending for Millennials
For Millennials, it is more important than ever to learn prudent purchasing and money-saving behaviors for their hard-earned cash. Here are six tips: LET’S START WITH SOME ADVICE FOR MILLENNIALS WITH CREDIT CARDS. 1. Be strategic with your credit card interest rates....
Year-End Tax Planning 2017
Regardless of the tax law proposals swirling around Washington, October through December is an excellent time to consider year-end tax planning moves to save taxes for 2017. What are some tax strategies to keep our investment house in order? Don’t buy the dividend: Be...
WBIR: Warren Buffett invests in Pilot Flying J
As seen on WBIR, Knoxville’s NBC affiliate station. Warren Buffett has a history of buying companies you’d never expect would capture his interest. His holding company, Berkshire Hathaway, has agreed to purchase a majority stake in Pilot Travel Centers over a six-year...
It’s Open Season on Employer Benefits
At the office, little strikes fear into the heart of employees like the annual open enrollment period for workplace benefits. It is a time of big decisions with significant financial impact. As seen on WBIR, Knoxville’s NBC affiliate station. WHAT EXACTLY IS “OPEN...
2017 P. Kemp Fain Jr. Award Winner Announced
Dr. Dave Yeske is Awarded the P. Kemp Fain Jr. Award, the Profession's Lifetime Achievement Award NASHVILLE, Tenn., October 3, 2017 - The Financial Planning Association (FPA®) awarded the profession's lifetime achievement award, the P. Kemp Fain Jr. award, to Dr. Dave...
Sunday Money: Holiday Spending
It’s Christmas time. Yes, we said Christmas – it is time to get your finances ready for holiday spending! YOU REALLY CAN’T START EARLY ENOUGH WITH HOLIDAY PLANNING. 1. Being prepared = less stress. 2. Lack of planning = busted budgets. WHAT ARE THE BEST WAYS TO...
Knoxville News Sentinel: Who is in Your Life Gallery?
Years ago, I heard the late Tom Gunnels, a career insurance agent and author of the book "Keep Your Lights On," speak about the people in his life "gallery." Gunnels was referring to his parents, and to teachers, supervisors and friends, living or deceased, who had a...
WBIR: Best Cities for Retirement
On Sunday, August 27th, Paul Fain, CFP®, president of Asset Planning Corporation, visited WBIR-TV in the 7 a.m. broadcast to discuss the best cities for retirement. It may seem that all retirees go to Florida, but not necessarily. Financial website WalletHub recently...