Your Financial Road Map
Are you making progress toward your financial
goals? Are your finances in order? Are you prepared for a financial
emergency? If you're not sure, take time to thoroughly assess
your finances so you have a road map for your financial life.
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Raising Financially Responsible Children
It's not unusual to have concerns about
the impact money may have on your children's lifestyles. Even
beyond basic financial responsibility, you want to make sure that
wealth does not remove your children's incentives to work hard,
to pursue a meaningful career, or to care about other people.
How do you help your children obtain the values you'd like them
to have? Consider these tips.
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Asset Allocation Basics
The theory behind diversification, or asset
allocation, is to spread your investments across different asset
classes to help protect your portfolio from downturns in any one
asset. Diversification is a defensive strategy - it is meant to
protect your portfolio during market downturns and to reduce your
portfolio's volatility.
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How Retirees Can Protect Their Nest Egg
While stock market fluctuations are painful
for all investors, they are even more so for those nearing or
in retirement. Investors who won't be retiring for many years
have plenty of time for their investments to grow. Current and
prospective retirees, however, may be concerned about how market
fluctuations will affect their retirement plans. If you're looking
for ways to help protect your nest egg, consider the
following.
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Be Prepared for a Layoff
In these economic times, job security is
a notion from the past. All workers should be prepared financially
for the possibility of a job layoff. Here are some tips to help
with that process.
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