investment Archives - ResourceShark Blog

Essentialism: The mindful pursuit of quality

It’s been quiet around here for the past few months. Generally when things go dormant at Get Rich Slowly, that’s not a good sign. It usually means that I’ve sunk into the depths of depression, the pit of despair. I’m pleased to report that in this case, that’s not the issue. In this case, the…

Massachusetts Fiduciary Proposal Firestorm

The Insurance industry is concerned about the Massachusetts Fiduciary Proposal. The concern, coming from industry professionals around the US, is that there will be an unintended consequence of the proposed fiduciary duty that will severely limit access to professional investment advisors. Offering best advice for the customers, on the face of it seem good. So,…

SECURE Act 2020 changes to IRAs

The Secure Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. The Secure Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July 1, 1949 you will still need to take your 2019 RMD…

How to Decide on Insurance Investments

Yes, insurance can be a good investment, if you choose well. Buying insurance is buying peace of mind. Buying the right insurance is also an investment that can add to your quality of life when you are not in position to work as hard as you can today. Need some insights? Finding the right insurance…

How Much to Retire?

Before you can know how to save for retirement, before you know how to line up investments to allow you to retire early, you really need to know what it will cost to live where you want to live. ThinkAdvisor.com offers a list of the 12 most affordable states for a comfortable retirement as of…

Life Happens; Insurance Can Make it Better

Ready for retirement? You say you’re working on it, so, check. Got Life Insurance? You’re still young enough not to worry about it, right? Wrong. The thing is, you can’t control when your family will need life insurance. Events happen; life happens; and most of it cannot be planned for. What you can do, is…

Investing Internationally

As the Global economy becomes more accessible, and amidst a global shift toward mindful investing, it makes more sense than ever to consider an investment strategy that involves selecting global investment instruments as part of your investment portfolio. Often the decision to invest internationally is done to broaden diversification, spreading your risk over foreign markets…

5 Steps to Retirement Investing.

Investing for retirement is one of the most important, but relatively painless, things you can do in your early work years, that will make your future much brighter. Here are some time tested easy steps for you to help you get started. 1-Figure out how much income you need in retirement. So, how much do…

Investing in Best Interests

On June 5, 2019, the SEC implemented Reg BI under the Securities Exchange Act of 1934 establishing a Best interests standard of conduct for broker dealers and staff when recommending any securities transaction or investment strategy involving securities. A relationship summary, or Form CRS, must now be shared with customers so you can make an…