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Investing

The Changing Face of America: Dual Income Families

The Changing Face of America: Dual Income Families

The concept of the “traditional” American family is continually changing. The dual income family—with both spouses maintaining separate careers and contributing to the financial success of the household—has now become commonplace.

Remarkable Rise Of ESG Investing

Remarkable Rise Of ESG Investing

Responsible investing is widely understood as the integration of environmental, social and governance factors – hence the ESG acronym – into investment processes and decision-making. ESG factors cover a wide spectrum of issues that traditionally are not part of financial analysis, yet may have financial relevance for investor

3 Gurus' Timeless Wisdom

3 Gurus' Timeless Wisdom

Follow investment gurus to avoid investment mistakes. When things seem unsettled, a trio of these savants offer timeless advice you should heed.

Such words of wisdom are especially appropriate amid current turbulent circumstances: a rocky bond market that perhaps signals the end of a 30-year bull run, U.S. stocks recently hitting new highs, troubling overseas developments such as Syria’s civil war and the ongoing fight in Congress.

EMPTY NESTERS

EMPTY NESTERS

One commonality that can be found in parents across virtually all species in the animal kingdom is the will to sacrifice life and limb to protect and provide for their offspring.

The Uncommon Average

The Uncommon Average

When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average?

Talking about Budgets & Cash Flow

Talking about Budgets & Cash Flow

A special thanks to Birmingham City Schools Service Department for having us out to talk about Financial Wellness.  We spent the morning discussing how budgets, cash flow, and debt management form the foundation for financial success.

BORROWING FROM YOUR 401(k)

BORROWING FROM YOUR 401(k)

You’ve got a home improvement project slated for next spring, and you don’t plan on retiring for quite some time. What’s the harm in taking a small loan from your 401(k)? The money is just sitting there…and technically it is your money…right?

As Year-End Approaches...

As Year-End Approaches...

Before the ball drops on New Year’s Eve, consider implementing some strategies that may help you to be better positioned financially for 2018, and potentially beyond.

Mutual Funds or ETFs?

Mutual Funds or ETFs?

For many investors, mutual funds and exchange traded funds (ETFs) are the “go to” vehicles for those seeking broad diversification and access to a wide array of asset classes.

Making a Million Dollars

Making a Million Dollars

A million dollars. For many, it’s an amount that conjures up thoughts of a lavish lifestyle, a comfortable retirement, and even the means to leave a legacy to one’s heirs. Indeed, a million dollars is a lot of money. In fact, $1 million in dollar bills weighs about a ton, and if one were to count that million one dollar at a time, it would take about 12 days of non-stop counting!1

You have to Risk It to win the Biscuit

You have to Risk It to win the Biscuit

Risk and return go hand in hand with investing. Risk is unavoidable. In order to generate returns, investments must carry some degree of risk. But not investing is also risky, as you take the chance of not having enough money to meet your financial goals. 

Why you might need an Advisor NOW.

Why you might need an Advisor NOW.

We recently surveyed a few of our clients to find out what led them to partner with an Advisor for the first time.  Based on this feedback we identified four key questions to ask yourself about your financial life.  Are you in any of these situations?  How would you answer these questions?

Getting to Know ETFs

Getting to Know ETFs

Can you name an investment that acts like a stock but looks like a mutual fund?1 If you said “exchange-traded funds” (ETFs), you’re right on the money. ETFs typically consist of a “basket” of securities that mirrors a particular market index. Like stocks, ETFs trade on an exchange and can be bought or sold throughout the trading day. 

50 or older? Increase your Retirement Savings with Catch Up Contributions

50 or older? Increase your Retirement Savings with Catch Up Contributions

Saving enough money for a comfortable retirement is probably one of your primary financial goals. But, with so many other demands on your money, it’s easy to get off track. If you are age 50 or older and want to make up for lost time, the tax law allows you to catch up on your savings by contributing extra amounts to an employer-sponsored retirement savings plan and/or an individual retirement account (IRA).

What is your Financial Health Score?

What is your Financial Health Score?

The first step to improving your financial foundation is to have an honest understanding of your current financial condition.  To help we created The Six8 Advisors Financial Health Quiz. 

Suggestions for choosing a financial advisor

Suggestions for choosing a financial advisor

We get this question all the time… “What should I look for in a financial advisor?”  The answer is “it depends”.  It depends on what you need and what you want. To help answer this question we have five suggestions for you.

The DOL Fiduciary Rule: What it Means to You

The DOL Fiduciary Rule: What it Means to You

If you’re a regular consumer of the financial news media, you’ve no doubt heard much mention of the U.S. Department of Labor (“DOL”) Fiduciary Rule, also known as the “conflict of interest rule,” over the last several months.

Cost Basis Reporting for Mutual Fund Shares

Cost Basis Reporting for Mutual Fund Shares

Do you have any taxable mutual fund investments? If you do, you can expect to receive expanded year-end tax information from your broker or fund company when you sell or redeem your shares.

Are you planning for longevity?

Are you planning for longevity?

Are you planning for longevity?  A 65-year-old couple of average health has a 50% chance of at least one partner living to at least age 93.1   A risk to many people’s retirement plans is the risk of living longer than anticipated.