Perhaps the biggest job that any investor has is managing risk. If you
take too much, you could be flirting with disaster; if you take too
little, you could cheat yourself out of the returns you need to take
care of yourself, your family and your heirs. In this article, updated
to include results from 2009, Paul Merriman shows how to get this
important equation right.
In this update to one of the most important items in our article
library, Paul Merriman shows how a series of simple but powerful
concepts can benefit patient, thoughtful investors. This 2010 revision
updates all reported returns to include the year 2009.
If you are a serious investor, this article could be one of the most
important things you'll ever read. I'm going to show you the strategy
that's very close, though not quite identical, to the way we manage the
majority of the money we invest for our clients.
Taking the time to write a financial plan is a crucial step in securing your retirement. In this video, Paul discusses how putting pen to paper increases the probability of accomplishing your goals.
As a financial advisor and CPA, I often receive tax questions from my clients. One that has been coming up a lot in the past year is: “Should I convert my non-Roth retirement plan (401(k), traditional IRA, 403(b) or 457(b)) to a Roth IRA?” The question isn’t surprising, given the new rules that took effect January 1 for Roth IRA conversions.
The short answer, which should not surprise you, is: “It depends.”
