Making Financial Decisions After Losing a Loved One
After losing a loved one, finances are the last thing you're worried about. However, taking care of their financial accounts and administrative tasks can keep their assets in good order.
After losing a loved one, finances are the last thing you're worried about. However, taking care of their financial accounts and administrative tasks can keep their assets in good order.
According to the the American Student Dental Association, the average debt for a person receiving their DDS degree is nearly $300,000. Here are five strategies for repaying your dental school loans in 2019 and beyond.
Long term investing is a great way to compound the growth of your investment assets. There are several relatively simple steps you can take to ensure that your are giving yourself the best chance to benefit from the return potential in the markets. First, make sure you are diversified and that you stay in the markets. Times of turbulence will test your wherewithal and those who can look past the short term pain will benefit from the long term gain. Second, review your portfolio on a periodic basis and rebalance as necessary. Given current technology and the low costs associated with portfolio trading, there is no excuse for unexpected or unwanted asset creep in your portfolio. Rebalancing will ensure that your portfolio never strays too far from your desired level of risk and will help smooth your ride. Third, if you don't have the time, mindset or the inclination to properly deal with the management of your portfolio, seek out some help. There are independent advisors, such as Ebersole Financial, who can help you as well as robo-advisor options from major players like Vanguard, Schwab and Betterment who might be a good fit.
With the onset of November comes the realization that we are quickly closing in on year's end. This brings with it the nagging feeling that there is a lot to do and that things will only get busier from here on out. If you aren't already checking your list (maybe twice), now is the time to make sure that nothing slips through the cracks as the Holidays sneak up on us.
The Investopedia 100 celebrates financial advisors who are making significant contributions to critical conversations about financial literacy, investing strategies, life-stage planning and wealth management. They influence the practice of financial advice, and help educate millions of investors.
" Arthur J.W. Ebersole of Ebersole Financial in Wellesley, Massachusetts, stated that Bogle “proved to the world that low cost and high quality are compatible features of a product. In his case, he revolutionized the world of investments for the retail investor, opening up opportunities to the retail investor that had previously only been available to institutions, saving billions of dollars along the way. He will be missed, but his influence will be felt for years to come.” "