Inflation – even minor inflation – reduces purchasing power over time. Like the famed economist Milton Friedman once said, it's the hidden tax that creeps up on us because it is not legislated. Inflation slowly reduces the dollar's value meaning each dollar will buy less and less. Many people look to the Bureau of Labor [...]

Upon approaching retirement, you may be asking yourself, "Should I take the lump sum or the annuity payment option with my pension plan?" We get this question often, and the difference in lifetime value between options can be significant. Before making any decisions, you'll need to complete a careful and thorough analysis. A competent financial [...]

Types of Financial Advisors (and which ones you should avoid) Types of Advisors Before beginning your search, it is essential to understand the difference between financial professionals, many of which may be called "financial advisors." We've all gone to the doctor's office, but just because they are in the business of medically healing patients, not [...]

When buying a home, you probably know a lot of the potential risks such as the risk your home will go down in value over time or the risk that your home will require a lot of maintenance after purchase.  In the same way, knowledgeable investors are aware that investing in the capital markets presents any number of risks – interest-rate risk, company risk, and market risk. Risk is […]