Financial services are littered with jargon, and it isn’t always common sense. One area of confusion has to do with ROTH. History of Roth The term “Roth” is derived from Senator William V. Roth Jr. who championed tax cuts and sponsored legislation in 1997 that created a Roth IRA. When someone says “Roth IRA” or
A fiduciary financial advisor is an advisor who is bound by fiduciary duty to act in your best interest. While it may seem that all financial advisors would be fiduciaries, they are not. John C. Bogle, Founder of Vanguard Group, explains it like this, “It should be made clear to clients whether they are relying
Skyline Advisors custodian of choice is Charles Schwab and Company. Below are 12 scholarship opportunities from Schwab that we wholeheartedly support and hope someone from our area wins. Who knows they could join Skyline after graduation!
Bonds play a key role for many investors. Bonds are different than stocks. Stock ownership is where you are a part owner of a business and you participate in the successes and failures. Bond ownership is where you are the lender to a business, person or government.
You can own stocks, bonds, real estate, commodities and several other categories and classes of assets so that some of your holdings zig while others zag. You choose what and how much to allocate to various categories to match your strategy, tolerance, time horizon, financial profile and to achieve a level of risk and return that helps you achieve your goals.
You have heard over and over how important diversification and asset allocation is for a successful investment strategy. Have you wondered why they are important and what role they play in your portfolio?
As of November 17, we are following the State of Washington COVID-19 guidance and working primarily offsite. We are all available by phone, email, and secure video conference. Please contact us if you have special considerations and we will accommodate you.
In my previous post, I described the first step in the retirement planning process–establishing a relationship with your advisor–and argued that this may be the most important step. But a relationship alone will not result in a cohesive plan or a successful road map to your destination, retirement. Once you have found a financial professional
Recently, I earned my CRPC designation (Chartered Retirement Planning Certification). Having been in financial planning for my whole career, I did not expect I would learn very much that was new to me. But I did! Do you know that the retirement planning process is not one that comes together by accident? There are six
The COVID-19 coronavirus has been disastrous for many families as many have lost loved ones or have themselves been sick. As of this writing on May 29th, there have been 1,106 deaths and over 20,000 confirmed cases in Washington State. With our economic shut-down, many have lost jobs and sought unemployment benefits, but where there
