Financial Focus: How should you respond to ‘market correction?’

As an investor, you may be gaining familiarity with the term “market correction.” But what does it mean? And, more importantly, what does it mean to you? A correction occurs when a key index, such as the S&P 500, declines at least 10 percent from its previous high. A correction, by definition, is short-term in nature and […]

March 01, 2016 | Posted in Business Columns | Tagged ,

Financial focus: What expenses will you incur when investing?

You invest so that you can achieve a variety of goals, such as a secure retirement. It’s inevitable, though, that you will incur some costs when investing, ranging from payments to a financial professional to costs of educational materials. So it’s a good idea to familiarize yourself with these expenses. If you work with a […]

February 02, 2016 | Posted in Business Columns | Tagged ,

Financial Focus: What to look for from a financial advisor

There’s a lot to know about investing, so it’s a good idea to get some professional help. But with so many financial advisors out there, how can you choose one that’s right for you? You may have to interview several prospective financial advisors before deciding on one. When you talk to them, see if you […]

January 05, 2016 | Posted in Business Columns | Tagged ,

Financial focus: Maximize the benefits of your charitable giving

It’s certainly the season for giving — and when you make charitable gifts, you can both give and receive. To get the most out of your gifts, your first step is to make sure you are giving to a worthy charity. That means you’ll need to ask some questions. How does a group measure its effectiveness? […]

December 01, 2015 | Posted in Business Columns | Tagged ,

Financial focus: Avoid emotional investment decisions

What’s the biggest obstacle to your ability to invest successfully? Is it the ups and downs of the financial markets? Political events? The fact that you weren’t born rich? Actually, the chief hurdle you face is something over which you have control: your own emotions. Your emotions can lead to a variety of ill-advised investment […]

November 03, 2015 | Posted in Business Columns | Tagged ,

Financial focus: Beware of scary inhabitants of the investment world

In just a few days, witches, zombies and vampires will be converging on your house, asking for candy. As is the case every Halloween, you’ll likely be merely amused over the sight of these costumed characters. But in other areas of life, such as the investment world, you may need to watch out for some […]

October 06, 2015 | Posted in Business Columns | Tagged ,

Financial focus: No secrets to investment success

Many people look for the “secrets” to investment success. Is it timing the market just right? Is it finding those hot stocks or getting in on the “ground floor” of the next big thing? Actually, these types of moves have little relevance to the vast majority of investors — even the most successful ones. So […]

September 01, 2015 | Posted in Business Columns | Tagged ,