Financial planning
‘There are so many ways to lose money.’ Advice for college athletes from former basketball player turned financial advisor
University of Arizona Wildcats guard Joe McLean plays defense against UCLA Bruins guard Kevin Dempsey during a Pacific-10 Conference game on Jan. 7, 1993. Ken Levine | Getty Images Sport | Getty Images Like many former NCAA college basketball players, Joe McLean had dreams of playing in the NBA. The 6’6″ forward played four years […]
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Getting a divorce? Here’s how to tackle those money issues
Peter Dazeley | The Image Bank | Getty Images When dealing with a divorce, it can be hard to focus on your future finances. However, it’s crucial to face up to them sooner rather than later. “People often say ‘I just want out,’ but the reality is going to hit you later,” said certified financial […]
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Here’s how to settle your loved one’s estate after they pass away
Arya Akmal. left, with his father Khosrow and son Dmitry in December 2018 at the University of Maryland, College Park. Arya Akmal Settling an estate is not just for the rich. When a loved one dies, someone will have to take care of debts and distribute assets. If the deceased had property — a house […]
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Op-ed: Why investors should care about who owns their advisor’s firm
Getting financial advice online is easier than ever before. Even so, many investors are likely to discover that there is no substitute for a human financial advisor. The problem, however, is selecting the right one. One thing an investor should consider is the advisor’s investing acumen. Low-cost funds that track various indexes are widely available. […]
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Buying your first home? Here’s what you need to know
Paul Bradbury | OJO Images | Getty Images First-time home buyers have a steep learning curve, from understanding true affordability and how to qualify for a mortgage to managing their cash flow after their purchase. “When buying your first home, you need to consider that what a lender will let you borrow is not necessarily […]
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Americans are pausing investments because of the Russia-Ukraine war. Here’s what it could cost them
The ongoing Russia-Ukraine war is degrading Americans’ financial outlook, sparking the desire to save more and postpone investing, according to a survey from MassMutual. But steering clear of stock market volatility may be a mistake, financial experts say. Two-thirds of Americans worry the conflict will hurt their wallets, with nearly half eager to save more […]
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