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Mistakes Federal & City Employees Make Before Retirement
Big government agencies, cities and municipalities are becoming larger and financially unsustainable. Many jobs performed by humans are being eliminated. As an employee of a government entity, it’s important to insulate your retirement against the impending robot revolution. Here are 4 common mistakes before retirement to avoid: # 1 – Pension Equals Security The most…
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Top 401k to IRA Rollover Mistakes to Avoid
Every year people do spring cleaning at their homes. The cleaning is to sort, organize, get rid of things, and sometimes repair old items. Just like your house, financial portfolio reviews need to be done periodically. Although they are reviewed, there are common 401k to IRA rollover mistakes to avoid. Accumulating 401k’s The days of…
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Are All Fiduciary Financial Advisors Equal?
In the 80’s Smith Barney a very large financial investment firm used to run TV commercial advertisements that were targeted toward savers and small business owners. The commercials would have an older gentleman saying, “We earn money the old fashion way, we earrrn it!”. Its a very iconic commercial because it portrays to investors that…
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The Importance of Crypto in Portfolios
We are now seeing how important crypto is within portfolios. Being a non-correlated asset, crypto investment vehicles are being created by major financial institutions. Guggenheim is registering with the SEC a new fund for financial advisors and asset managers. Cryptocurrency, Digital Assets, or Virtual Currency Investments. The Fund may seek investment exposure to cryptocurrency (notably,…
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COVID-19 & Teacher 403B Retirement Savings
I was doing my normal daily routine of looking at news and emails this morning when I came across a Reddit post about a teacher that resigned. The teacher had asthma and a partner with heart issues. The school was unwilling to work with the teachers need for telecommuting. So, the teacher resigned. Where’s the…