Good Financial Cents

AUGUST 12, 2023

Passive income refers to earnings derived from an enterprise in which a person is not actively involved on a daily basis. By investing in a diverse array of income-generating opportunities tailored to your risk tolerance and financial goals, you can create a resilient and sustainable revenue stream. What is Active Income?

Risk Tolerance 58

Risk Tolerance Taxes Compliance Retirement 58

Harness Wealth

JUNE 1, 2023

These services typically include: Wealth Management: Advisors can offer customized investment portfolios aligned with your risk tolerance, time horizon, and financial objectives. This plan may cover estate and retirement planning, college savings, debt management, and more. Is there a downside to hiring a financial advisor?

Wealth Management 52

Wealth Management Financial Advisor Management Risk Tolerance 52

International College of Financial Planning

SEPTEMBER 3, 2021

They may charge for their services either on a commission basis or hourly rates. However, our advice is to trust financial planners who either take a flat annual fee or charge per hour for managing your portfolio instead of charging a commission on every stock they buy or sell. How to Compensate Financial Advisors?

Financial Planner 52

Financial Planner Financial Advisor Certified Financial Planner Commission 52

Harness Wealth

JUNE 9, 2023

A financial plan is a comprehensive blueprint designed to help you meet your financial goals, whether that’s achieving a comfortable retirement, sending your kids to college, or planning for unforeseen events. Exploring Illustrative Economics Consider the comparison below between a pre-tax retirement account and a post-tax alternative.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Good Financial Cents

AUGUST 11, 2022

Track your retirement. Did you know you might be able to actually retire with $1 million? While it’s better if you have some time to invest the money instead of using it for retirement, retiring with this much is a reality for many people. You may be wondering if you can actually retire with $2 million dollars!

Investing 110

Investing Investments Marketing Marketing 110

Good Financial Cents

JULY 21, 2022

Fees $0 for stocks or ETFs; no commissions or contract fees on options. $1/mo. 0 for stocks, options, and ETFs; over 4,000 commission-free mutual funds. $0 0 for stocks, options, and ETFs; more than 3,000 commission-free mutual funds. . $0 0 for stocks, options, and ETFs; more than 3,000 commission-free mutual funds.

Accounting 98

Accounting Commission Investing Investments 98

Good Financial Cents

JULY 3, 2023

Whenever I get that question, I typically start by explaining what an I-R-A stands for: Individual Retirement Arrangement (emphasis on arrangement). However, I was informed by my readers that the Internal Revenue Service actually refers to them as “arrangement” (Thanks to my readers for keeping me on my toes!)

Retirement 77

Retirement Taxes Accounting Investing 77