Place Trade Financial, Inc.
Brought to you compliments of Sarah M. Place, MBA

November 2007   Monday, February 8, 2010
Is It Time for Your Annual Checkup?

Just like we need a physical checkup from time to time, we also need a periodic financial checkup. As situations change in our lives, we need to make sure we are on track to meeting our future needs.

Many people think that by contributing to a 401(k) or individual retirement account or investing in certificates of deposit, they have taken care of their finances. However, financial planning encompasses much more than that. As our objectives and life circumstances change, our needs change as well. One of the functions of financial planning is to evaluate these changing circumstances and adjust your plan to continue to meet your needs. This is why an annual checkup is a good idea.

Think about these questions: “Am I paying too much in taxes?” “Will my retirement nest egg allow me to be comfortable in retirement?” “Are my investments meeting the goals I set for them?” These are just a few of the things you should consider when deciding if you need a financial checkup. Also think about any life changes that have occurred, such as the birth of a child, a marriage, or a job change. I recommend that we get together annually to talk about these types of issues.

It’s always comforting to know you are on the road to a healthy financial future. Please call or e-mail me if you are in need of a financial checkup.

 
Squeezed between Competing Needs
At a time when baby boomer couples should be saving for their own retirements, many feel squeezed by competing financial needs. Having started families later than past generations, their children may just now be entering college or still living at home. At the same time, aging parents may need financial assistance. It is a dilemma that is likely to become more common.
[FULL ARTICLE]
 
Avoid Withdrawal Mistakes
During your working years, your emphasis was to accumulate as much as possible for retirement. But as you near retirement age, you need to start thinking about how to withdraw those funds to maximize your income. To help accomplish that, avoid these mistakes.
[FULL ARTICLE]
 
Dealing with Stock Price Declines
When a stock's price declines substantially, you might wonder what you should do. If you own the stock, should you sell before the stock declines more or purchase more shares at the lower price? If you are interested in the stock, should you purchase now or stay away from it? Before you decide, you need to assess the cause of the price decline. Typically, the stock's price is reacting to one of three things.
[FULL ARTICLE]
 
What Are Zero-Coupon Bonds?
Zero-coupon bonds do not pay interest during the bond's life. Since most investors purchase bonds to receive periodic interest income, this may seem like a contradiction. However, some investors desire the fixed return without the periodic receipt of interest payments. Zero-coupon bonds were designed to meet that need.
[FULL ARTICLE]
 
Clean Up Your Portfolio
Before year-end, get all your information together, thoroughly analyze it, and clean up your portfolio. Some points to consider during this review include...
[FULL ARTICLE]
 

Sarah has over eighteen years experience in the financial services industry. She received her MBA at St. Mary's University Graduate School of Business in San Antonio, TX and her bachelor’s degree in Economics–Finance at Bentley College in Waltham, MA. The firm she founded, Place Trade Financial, Inc., (Member NASD, SIPC) is an active member of the Securities Industry and Financial Markets Association (SIFMA).

Feel free to contact Sarah via e-mail at
sarah@placetrade.com
or visit our Web site
www.placetrade.com
 

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Published by Sarah M. Place
Copyright © 2007 Place Trade Financial, Inc., Member FINRA/SIPC. All rights reserved.
This newsletter intends to offer factual and up-to-date information on the subjects discussed, but should not be regarded as a complete analysis of these subjects. The appropriate professional advisors should be consulted before implementing any options presented. No party assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.
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