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 […]
Read ArticleWhat 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 […]
Read ArticleAn Income Strategy that Won the Nobel Prize?!
Ever so often, a SPAM email makes it through my email filters. Ever have one with a subject so absurd you can’t help but click? *sigh* It happened to me… For a little background, I’m the kind of guy other financial advisors call a nerd. Even my home office looks like a NASA mission control […]
Read ArticleSecret Loopholes in Advisor Fiduciary Duty to Clients?
I got a call from a reporter this week asking if I thought there were any loopholes in the Department of Labor’s (DOL’s) supposed expansion of the “investment advice fiduciary” definition. I’ve written on this topic before, but it’s worth looking at from multiple angles. This is quite possibly the most important story of […]
Read ArticleStock Option Mistakes When You Leave Your Employer
Back in the 1980s, it seemed only Fortune 500 executives received stock options. Boy, have things changed! Today, employees of many firms, large and small, have received stock option grants. When it’s over, it’s over In most cases, employees have up to 10 years to “exercise” their options and thereby capture the economic […]
Read ArticleHow a WorthPointe Spouse Came to Appreciate Financial Planning and Her Husband’s Passion
I recently had a chance to talk with Candace Addington and hear her story about how she came to appreciate financial planning. She’s been married to Matt, a WorthPointe partner and financial planner in the Fort Worth office, for 17 years. I’m sharing it because I think it will resonate with other married couples — and perhaps spur some thinking […]
Read ArticleNo Tricks, Just Treats from Your WorthPointe Team
Happy Halloween! As our families stock up on candy and prep the costumes, we wanted to take the time to wish all of our clients a safe and fun holiday. While we can’t fill your pillowcase with treats, we can fill you in on some helpful investment insights that are well-suited for the ghoulish season. […]
Read ArticleThe Morgan Report 2016 Q3: Presidential Aspirations
Presidential aspirations? I have none. It’s very fulfilling helping families and business owners with their lives and I would not want to give that up to participate in a political system that is ripe with conflicts of interest. I have been approached to run for office, but my response is that I would be a […]
Read ArticleStocks: It’s Time To Sell
The stock market indices have reached record highs recently and I just have a feeling it’s time to sell. Well, a little more than a feeling. I’ve seen some reports that it’s time to short equities (from an investing legend, mind you) and I have my own personal indicators I look at as well. I […]
Read ArticleToo Much of a Good Thing Is A Bad Thing
Inspired by the book, Born To Run, I started doing more trail running a few years ago using a natural barefoot- inspired gate. Barefoot 10-mile runs on the beach on flat “hard” sand at low tide and 8- to 14-mile runs in shoes through the backcountry hills are inspiring and do my body good. I’ve […]
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