Although some same-sex couples may not want to admit it, divorce may be on the horizon for them. It’s the unfortunate reality in today’s world. With ambiguous laws and some states still not realizing certain types of civil unions, the division of assets could be much hazier when it comes to same-sex couples separating. If you are getting ready to tie the knot or enter into a partnership, it may be a good time to consider obtaining a prenuptial or postnuptial agreement to protect your assets.
Before money can be invested, the wise investor must believe in this crucial concept: don’t put all of your eggs in one basket. Asset allocation is the art of balancing risk and reward through the diversification of your investments into appropriate asset classes. It’s one instrument that helps to determine the appropriate blend between fixed and equity assets. It helps to smooth out the peaks and valleys that you find in the more volatile portfolio.
The stock markets are at all-time highs and don’t appear to be ready to change course any time soon. If you have a rollover from an old 401k or some saved cash, you may be asking yourself if this is the right time to invest that money. You may want to have your money invested right away so that you don’t miss the potential upside of the market, or you may want to wait on some or all of your investing for fear that the market may pull back. When clients come to me with cash to invest, I typically […]