Do I need a trust? Even if one’s financial life is fairly uncomplicated, whether you are 28 or 88 years old, everyone should have an estate plan for their stuff. But do you need a trust? Paul Fain, certified financial planner at Asset Planning Corporation, answers...
Blog
Should Bond Investments Be a Part of Your Portfolio?
Wondering if bond investments should be an integral part of your portfolio? Below are some common questions regarding investing in bonds. What are bonds? Bonds are simply IOUs. By buying a bond, you are in effect, making a loan. In return, the borrower (or issuer)...
How Much Should You Save for College?
This morning we have a “viewer” question about 529 College Savings Plans…are they the best way to save for college? Let’s ask our Money Man, Certified Financial Planner Paul Fain. PAUL, WE KNOW THAT COLLEGE IS EXPENSIVE, REALLY EXPENSIVE, WHAT IS THE CURRENT PRICE...
Trade War with China: Deal or No Deal?
Deal or No Deal? Let’s talk what everyone’s talking about, the trade war with China and tariffs. What is the bottom line –the impact on your money? Paul Fain, president of Asset Planning Corporation, joins us again this morning with your Sunday Money. PAUL, LET’S...
Can You Make A Social Impact With Your Investments?
You may have heard the term “Impact Investing” – which is a term for investing based on things like social or environmental values. While putting money into investments that do good is growing in popularity, is it smart for your money? Certified Financial Planner Paul...
Paying Off Student Loans vs Saving For Retirement
A viewer, Caitlin, asks: “I’m a recent college graduate, should I start saving for retirement or pay off my student loans?” Our moneyman, Paul Fain, president of Asset Planning Corporation, has the answer with 5 tips for your Sunday Money. PAUL, FOR NEW GRADUATES THIS...
Financial Planning Requires Continued Learning
What do real financial planners study? A few weeks ago, I was on the organizing task force of the Financial Planning Association’s Retreat Conference. Five certified financial planners from Tennessee were among the 400 attendees described as the “Thinkers, Thought...
What Is An IPO?
Facebook, Blue Apron, Pinterest, Lyft and Uber – what do they have in common? All of these companies made their stock available to investors in Initial Public Offerings, or IPOs. What is an IPO and should we invest in one? Certified Financial Planner Paul Fain...
How Much Should Moms Make?
Salary.com’s ”Mom Salary Wizard” finds that Mothers should earn as much as $170,000 for raising a family! Paul Fain, president of Asset Planning Corporation, joins WBIR this Mother’s Day to honor all the moms out there. PAUL, IT’S HARD TO PUT A MONETARY VALUE ON THE...
What Is The Average “Living Wage”?
A recent survey used data from the Bureau of Labor Statistics to determine the average “Living wage” for each state. Certified Financial Planner Paul Fain reviews the most expensive and least expensive states to live in. PAUL, FOR THE STUDY, HOW WAS A “LIVING WAGE”...