Warren Buffett said, “Investing is simple, but not easy.” You would think that if something were simple that it would be easy. Not so. Take losing weight. Burn more calories than you take in. The surefire way to invest is to buy low and sell high. Both are very simple, but extremely difficult.
A 60-second read by Anthony Benante, CFA: What value does a Comprehensive Financial Advisor offer? There is the obvious – offering expertise in investment management and financial planning, and then there is the not-so-obvious.
Baron Financial Group’s Nicholas Scheibner was recently quoted in a CNBC.com article by Annie Nova on the topic of trade wars and its impact on investments. Here’s what Nick had to say:
Your wealth manager should be on the leading edge of every facet of your financial life, anticipating your needs and helping you create an investment strategy to achieve your goals. CFA charterholders blend intellectual curiosity and expertise to deliver premium advice. They are the difference you need. Here’s why:
A 30-second read by the Baron Team: What is a fake check scam?: According to the Federal Trade Commission (FTC), a fake check scam is when “someone sends you a check with instructions to deposit the check and wire some or all of the money back.”
A 30-second read by Nicholas Scheibner: Before deciding which kind of IRA to open, the first thing you would want to do is check with your employer about 401(k) offerings. If your employer provides any company match into a 401(k) you will want to contribute to that account before you start an IRA. That way, you are able to take advantage of the “Free Money” provided by your employer. A Roth IRA is usually best for someone who is in a lower tax-bracket. The idea is that you want to pay taxes in the lowest bracket possible. So if you are making a lower income than you may in the future, you would want to pay taxes now, using a Roth.