Horseshoe Bay Beacon
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Thursday, April 17, 2014 • Posted April 18, 2014
Retirement can be an exciting, active time of your life. But if you’re going to get the full benefits from your retirement years — which could last two, or even three, decades — you’ll need to have a vision for what you want to do. And to transform this vision into reality, you’ll need to take a “holistic” approach — one that involves a financial strategy, clear communications with family members and an awareness of the challenges that may stand in your way. To articulate and a ...
Thursday, February 13, 2014 • Posted February 13, 2014
Valentine’s Day is almost here. This year, instead of sticking with flowers or chocolates for your valentine, why not give a gift with a future? Specifically, consider making a meaningful financial gift. However, a “meaningful” gift doesn’t gain its meaning from its size, but rather its impact. What types of financial gifts can have the greatest effect on the life of your loved one?
Thursday, January 9, 2014 • Posted January 9, 2014
About 45% of Americans usually make New Year’s resolutions, according to a survey from the University of Scranton. But the same survey shows that only 8% of us actually keep our resolutions. Perhaps this low success rate isn’t such a tragedy when our resolutions involve things like losing a little weight or learning a foreign language.
Tuesday, December 24, 2013 • Posted December 28, 2013
Every day of our lives, we make assumptions. We assume that the people we encounter regularly will behave in the manner to which we are accustomed. We assume that if we take care of our cars, they will get us to where we want to go. In fact, we need to make assumptions to bring order to our world.
Thursday, November 21, 2013 • Posted November 21, 2013
Throughout your career, you have been working hard to save in one or more retirement accounts. Then, once you retire, you’ll have some new decisions to make. But one choice has already been made for you: the age at which you must start taking withdrawals, or “distributions.” It’s a good idea to familiarize yourself with these distribution rules because they can have a big impact on your retirement income.
Thursday, November 14, 2013 • Posted November 20, 2013
At various times, many people may feel frustrated by the performance of their investments. For example, they expect growth, and they don’t get it — or they think the value of their investment won’t fluctuate much, but it does. However, some of this frustration might be alleviated if investors were more familiar with the nature of their investment vehicles.
Thursday, November 7, 2013 • Posted November 7, 2013
November is Long-term Care Awareness Month. And when it comes to long-term care — such as a stay in a nursing home or the services provided by a home health aide — you’ll want to plan for the potential costs involved. Of course, you might think that you’ll always be able to live independently, without requiring any assistance — and perhaps you will.
Thursday, October 24, 2013 • Posted November 1, 2013
Congress has designated the third week in October as National Save for Retirement Week — which means it’s a good time to think about your own retirement savings strategies. Ensuring that you have enough money to support your chosen retirement lifestyle is certainly important. Unfortunately, many of your fellow Americans have apparently not done enough in the way of building retirement savings to ease their minds. Consider these figures, taken from the Employee Benefit Research Institute
Thursday, October 31, 2013 • Posted November 1, 2013
Halloween is upon us. Of course, whether you’re navigating the dark corridors of a “haunted house” or just dealing with the “creepy” characters coming to your door demanding candy, you’re probably not too fearful of the sights of the season. But as you go through life, you’ll want to avoid some things that really are scary — such as these investment moves: Chasing after a “hot” investment — By the time you hear about a supposedly “hot” investment, it may already be co ...
Thursday, September 12, 2013 • Posted September 12, 2013
Generally speaking, if you’re efficient at a particular task, you’ll get good results without wasting effort. As you’ve already learned from your life experiences, it’s usually far better to be efficient at something than to be inefficient — and that’s certainly true with investing. So, what can you do to become a more efficient investor?
Thursday, September 5, 2013 • Posted September 6, 2013
National Grandparents Day is observed on Sept. 8. And although this “Day” is not as widely known as Mother’s Day or Father’s Day, it does remind us of the importance of grandparents. If you’re a grandparent yourself, you may be thinking of ways to help your grandchildren on their journey through life.
Thursday, August 29, 2013 • Posted August 28, 2013
Next week, we observe Labor Day. A federal holiday since 1894, Labor Day celebrates the achievements of American workers — people, like yourself, who work hard for their money. But to make progress toward your long-term financial goals, you need to do more than just earn money — you have to invest it wisely.
Thursday, August 8, 2013 • Posted August 8, 2013
You can get lucky by finding a parking meter with time left on it. You can “luck out” by having nice weather on your vacation. You can even be lucky at love. But when it comes to financial matters, you’re better off not counting on Lady Luck — and focusing instead on setting and pursuing goals. Here are some suggestions for establishing and pursuing your financial objectives: Be specific.
Thursday, March 1, 2012 • Posted February 29, 2012
As an investor, what are your goals? You can probably think of quite a few — but over the course of your lifetime, your objectives typically will fall into five key categories. And once you’re familiar with these areas, you can start thinking of what they’ll mean to you in terms of your financial and investment strategies. So, let’s take a look at each of these areas and see what they might entail for you: ·Preparing for retirement — With advances in health care and a greater aware ...
Thursday, February 23, 2012 • Posted February 23, 2012
It’s important to understand which investments to own, and when to buy them. But you should also know when it’s time to sell an investment — and why. Unfortunately, many people sell investments for the wrong reasons. Some people want the money to purchase so-called “hot” investments, even if these new investments aren’t appropriate for their needs.