Jan
17

How Should Trump’s Election Affect Your Financial Plan in 2017?

posted on January 17th 2017 in Fort Worth CFP Team Posts with 0 Comments

Since Trump’s election, a lot of people are wondering if their financial plan needs amending. The concern is warranted. The biggest theme underlying a Trump presidency is that we don’t know what to expect on so many fronts. Lots of things are still playing out. Information is still developing. When calculating probabilities based on complex […]

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Dec
14

Should My Financial Planner or Advisor Charge Me a Fee on Uninvested Cash?

posted on December 14th 2016 in Fort Worth CFP Team Posts with 0 Comments

Financial Advisor Fee Structure, Should My Financial Planner or Advisor Charge Me a Fee on Uninvested Cash?

The answer to this question is not as simple as you might expect. Depending on the circumstances, the answer could be yes or no. I’ll help you understand those circumstances! What is the Difference Between Fee-Based, Commission-Based or Fee-Only? Critical to answering the question is an understanding of the difference between a fee-based advisor and […]

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Dec
08

5 Lies Self-Directed Traders Tell You

posted on December 8th 2016 in Fort Worth CFP Team Posts with 0 Comments

We are living in the age of what I call the “Home Depot trader.” Online brokerages have essentially taken a page from the Home Depot marketing playbook by saying to the average Joe, “you can do it, and we can help.” The enormous gap in the capabilities of pros and novices has been narrowed as […]

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Dec
06

10 Ways for Millennials to Live Frugally to Their First Million

posted on December 6th 2016 in Fort Worth CFP Team Posts with 0 Comments

Living “simply,” “below your means” or “frugally” is great advice that makes it into a lot of “wisdom lists,” especially those directed at Millennials. Of course, telling someone to “be frugal” is like telling them to “be smart.” It’s a start, but many people may need a few action steps. Here are a few specific […]

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Dec
04

Why Annuity Death Benefits are Trash: How to lose 50% in 7 years!

posted on December 4th 2016 in Fort Worth CFP Team Posts with 0 Comments

Why Annuity Death Benefits are Trash: How to lose 50% in 7 years!

Fair warning: this is going to be a “blow your mind” article. Are you strapped in? Let’s talk about the classic “death benefit” on a variable annuity. Variable annuities are those weird investments that look suspiciously like just another cookie-cutter portfolio full of the high-cost mutual funds that brokers have the reputation of selling to […]

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Dec
02

What do you think about trading Robots?

posted on December 2nd 2016 in Fort Worth CFP Team Posts with 0 Comments

What Do You Think About Trading Robots?

Are trading robots worth a look? I’ve heard there are “robots” that can trade options for me with incredible accuracy. What do you think about that?   Let me guess, they promise very high accuracy and probably trade “binary options,” right?  Unfortunately, this is a hotbed for scams. I’m going to hit the main point […]

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