Evan is a married 30 Year Old Attorney from New York. He works as a Director in a Financial Planning Firm working Planners who devote their time planning for High Net Worth individuals. Since there is no professional relationship between the reader and Evan, NOTHING on this site should be construed as Legal or Financial Advice.
I was intrigued when I came across a product called a Stand-Alone Living Benefit (SALBs) which promises lifetime income without having to actually buy a fixed or variable annuity. It is often said that necessity is the mother all invention and so with more and more baby boomers changing their strategy from accumulating assets to…
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Anyone with some type of broker account has seen the term, “Insured by SIPC” but what does that mean? Is it like your bank account being FDIC Insured? In short, No. The “I” in SIPC is often confused for insurance, but it actually stands for Investor. The Securities Investor Protection Corporation otherwise known as SIPC…
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The other day I was talking to a buddy and he called me cheap. It wasn’t anywhere near the first time that this happened, nor will it be the last. I don’t usually take much offense because I am comfortable with myself and my spending habits, but for whatever reason this simple conversation got me to thinking…
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How good are you at managing their money? For instance, if you were asked without warning for a breakdown on the state of your finances, would you be able to provide one? The answer may well be yes, but it’s also just as likely to be no. Managing your money is important no matter how…
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Every 60 days or so I like to update the watch list for my Dividend Investment Portfolio and since my last update was in February 2012 I figured it was about time. These posts are to provide myself with a “watch list” for stocks to buy based on a snap shot in time of the…
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When I first started my zero net worth experiment I was curious how long it would take me to double my net worth. Well, as the title indicates, 13 or so months later I finally did it! As a reminder on January 18, 2011 I took my positive net worth and made it zero. This…
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