Financial Topics Newsletter
Brought to you compliments of Caroline Girgis, JD, and Dwayne Grady, MBA, ChFC®

January 2009   Saturday, February 4, 2012
Back to the Basics

It's Superbowl time! Even if you are not a football fan, you know what time it is. It's that time of the year when conference champs meet each other on the gridiron for the big prize. One thing is certain, no matter who wins, after the game it's back to the basics. In sports jargon, back to the basics is going back to the fundamentals-blocking, tackling and trying to execute plays flawlessly.

Well, I think there's much to be said about the value of getting "Back to the Basics" as you look at your financial situation. Specifically, getting Back to the Basics implies keeping a managable debt load; understanding the need and accumulating an adequate cash reserve; making sure you have the proper coverages for various insurance, and understanding and applying common sense investment strategy. The most important part is having a detailed, written, plan to track your progress towards your financial goals.

Let us help you get "Back to the Basics" in your financial life. Feel free to give us a call and discuss any article that resonates with you. Of course, if you like a particular article, share it with friends and family. Good money management is the gift that keeps giving.

 
Five Reasons You Might Want to Get Under an Umbrella
Umbrella insurance policies can be an important feature of personal financial plans. They provide additional insurance that takes over when a claim uses up all of the homeowner's or auto insurance.
[FULL STORY]
 
Keep Your Estate Plan Flexible
Estate planning has become more difficult in recent years due to changing estate tax laws. All these changes can make it difficult to determine whether your estate plan should be revised due to new changes. Thus, it is increasingly important to build flexibility into your estate plan.
[FULL ARTICLE]
 
Gifting Considerations
Deciding whether you should give a significant asset to an heir during your life or after your death has typically involved weighing potential estate tax costs against capital gains taxes that would be due when the asset is sold.
[FULL ARTICLE]
 
What Happens if You Become Disabled?
For many people, a long-term disability would be financially devastating. Although no one likes to think about this possibility, you should consider your options now so you can obtain disability income insurance if needed.
[FULL ARTICLE]
 
Watch Out for These Portfolio Mistakes
Investing is a gradual process - purchasing some investments and selling others as the years go by. After a period of years, this can result in a mixture of investments that don't fit your overall investment strategy. Thus, periodically review your portfolio, watching out for these mistakes.
[FULL ARTICLE]
 
Painful Lessons about Saving for Retirement
First, the stock market declines in 2000 and during the past year removed substantial gains from individuals' net worths. Now, the decline in housing values has reduced people's net worths even more. For instance, the Center for Economic and Policy Research estimates that the average net worth of individuals between the ages of 45 and 54 is 25% less than it was in 2004, due to declining home prices.
[FULL ARTICLE]
 

Dwayne Grady, MBA, ChFC®, and Caroline Girgis, JD, through Cornerstone Wealth Strategies Group, are committed to providing the finest service and investment advice to their clients. Both Dwayne and Caroline specialize in serving the needs of high-net-worth individuals, successful professionals, business owners, and retirees.

Both Dwayne and Caroline hold advanced degrees and designations and are highly knowledgeable in the areas of tax-advantaged investing, retirement planning, financial planning, and professional money management.

Successful management of your finances today is the key to the lifestyle that you and your family will enjoy-or endure-tomorrow. They would be happy to assist you with any of your financial needs.

Feel free to contact us via e-mail at
info@cwsg1.com

or visit our Web site
www.cornerstone500.com
 

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Copyright © 2008 Integrated Concepts Group, Inc.. All rights reserved.
Some information provided in this newsletter was prepared by Integrated Concepts. 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. Professional advisers 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.

This Newsletter is for informational purposes only and is not a solicitation or an offer to buy or sell any company. United Capital Financial Advisers, Inc. (UCFA) provides advice and makes recommendations based on the specific needs and circumstances of each client. For clients with managed accounts, UCFA has discretionary authority and makes investment decisions based on the specific needs and circumstances of each client. Investing involves risks and clients should carefully consider their own investment objectives and never rely on any single chart, graph or marketing piece to make decisions. UCFA does not offer tax advice. Please consult your tax advisor for more information about your individual situation.

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