Digital assets, or an individual’s online personal and financial records, need to be an essential part of your estate plan. Here are some planning pointers that most people have not considered. WE ARE REALLY MOVING INTO THE DIGITAL AGE WITH OUR FINANCES. As technology...
Paul Fain
WBIR: Stock Market Lingo
When the stock market gyrates, especially those downturns in prices, millions of investors start watching the “ticker tape” – sometimes hour by hour. It is easy to get lost in the stock market lingo – here’s a quick glossary of terms. LET’S START WITH TERMS...
Knoxville News Sentinel: Looking for the Next “Hit” in the Market?
My youngest child, a college freshman, recently sent me a long text discussing the potential opportunities for Bitcoin miners. As we know, last year, Bitcoin rocketed from $1,000 to $20,000 before splashing down below $9,000. I know an 80-year old investor who has...
KNS: Why Financial Literacy Month is a big deal
April is Financial Literacy Month. It needs to be a big deal. A lack of financial preparedness has significant consequences, not the least of which is you and your family’s current or future quality of life. Rising healthcare costs alone can be financially...
WBIR: Safety Tips for Your Money
The Justice Department recently announced the largest sweep of elder fraud cases in history. How can you, or a senior family member, avoid becoming a victim of fraud? WHAT ARE THE MOST COMMON EXAMPLES OF ELDER FRAUD? Mass Mailings Telemarketing Investment-related WHO...
WBIR: Tax Return Errors
Tax season is in full bloom as we count down the days to the income tax filing deadline which is Tuesday, April 17. What are the most common filing errors? What if you’ve already made a mistake? WHAT ARE THE MOST COMMON TAX RETURN ERRORS? • Incorrect Social Security...
WBIR: Saving for Financial Health
In March, many employers, banks, and organizations promoted “America Saves Week.” The message was simple: Making an effort to save is vital to your financial health. Whether it is putting change in a piggy bank or contributing to a 401k plan at work it can mean big...
KNS: Are economic forecasts as reliable as reading coffee grounds?
My family has Appalachian kinfolk who will predict your future by reading coffee grounds. Of course, you could just visit a fortune teller in Pigeon Forge. While I don’t know the track records of mountain folk divinations or palm readers, I do enjoy keeping an annual...
WBIR: Bond Investments
The recent spike in market volatility has left many investors concerned about their portfolios and uncertain as to how a rise in interest rates impacts their bond investments. LET’S START WITH BONDS 101, HOW DO BONDS WORK AND WHY DO WE BUY THEM? Bonds are generally...
WBIR: Super Bowl Money
Let’s have a little fun – can the winner of the Super Bowl game predict the stock market’s next move? Well, the “Super Bowl Indicator” is a superstition that says that the stock market's performance in a given year can be predicted based on the outcome of the Super...