by Michael Lecours | Mar 25, 2014 | Investment Strategies, Retirement, Saving, Taxes, Uncategorized
Answering the question, “Can I contribute to my IRA or ROTH IRA?” can be tough. There are many, many factors that you have to consider and it can become complicated. To make matters worse, the requirements may even change from one year to the next. To help make this...
by Michael Lecours | Mar 18, 2014 | Investment Strategies, Retirement, Saving, Uncategorized
Just because it isn’t making headlines, doesn’t mean inflation is not a serious issue. We, as advisors, have to deal with on a daily basis. The following article is filled with great nuggets about inflation. Here are my favorites: “According to the US Labor...
by Michael Lecours | Mar 17, 2014 | Investment Strategies, Retirement, Uncategorized
Around this time of the year, when the tax reports are coming to your mailbox, you might be wishing you could do something about your upcoming tax bill. Well, maybe you can for your 2013 return, and for your 2014 return as well! Did you or your spouse work in 2013?...
by Michael Lecours | Feb 19, 2014 | Cash, Investment Strategies, Saving, Uncategorized
We’ve built a cash strategy for Tier II and Tier III for investors with lots of cash sitting on the sidelines earning next to nothing. We are recommending a short-term bond portfolio as outlined earlier. It would consist of 5-6 conservative bond investments, reviewed...
by Michael Lecours | Feb 18, 2014 | Cash, Investment Strategies, Saving, Uncategorized
Your cash strategy should consist of three tiers, with each one having a specific objective: Tier I: Immediate Objective: Meets your immediate needs to pay bills and serve as your emergency cash fund. Products to use: Focus on bank deposits and money market funds Tier...
by Michael Lecours | Feb 17, 2014 | Cash, Investment Strategies, Saving, Uncategorized
Cash and money market funds pay next to nothing but then again you aren’t taking on much risk. If you’re exploring what to do with cash but not ready to go in stocks just yet, the next logical step is to look into short term strategies. A little extra risk for a...
