Financial Blog
Cash Reserve! Yes something to think about!
Cash Reserve What is a cash reserve? A cash reserve is a pool of funds (and sometimes credit) that you hold in a readily available form to meet emergency and other highly urgent, short-term needs. Sometimes, it is referred to as an emergency or contingency fund. Caution: Terminology is important… Read More
7 Steps of Investing Basics – Step 6 Mutual Fund & ETF Investing
Step 6 – Investing Through Mutual Funds and ETFs Presented by William Edward Blanken Jr You can invest in all three major asset classes through mutual funds, which pool your money with that of other investors. Each fund’s manager selects specific securities to buy based on a stated investment… Read More
7 Steps of Investing Basics – Step 5 Cash Investing
Step 5 – Investing in Cash Presented by William Edward Blanken Jr Cash and cash alternatives In daily life, cash is all around you, as currency, bank balances, negotiable money orders, and checks. However, in investing, “cash” is also used to refer to so-called cash alternatives: investments that are considered… Read More
7 Steps of Investing Basics – Step 4 Bond Investing
STEP 4 – TYPES OF INVESTMENTS – BONDS Prepared by William Edward Blanken Jr How do bonds work? When you buy a bond, you’re basically buying an IOU. Bonds, sometimes called fixed-income securities, are essentially loans to a corporation or governmental body. The borrower (the bond issuer) typically promises to… Read More
7 Steps of Investing Basics – Step 3 Stock Investments
Step 3 – Types of Investments: Stocks Presented by William Edward Blanken Jr How do stocks work? When you buy a company’s stock, you’re purchasing a share of ownership in that business. You become one of the company’s stockholders or shareholders. Your percentage of ownership in a company also… Read More
7 Steps of Investing Basics – Step 2 Building Your Foundation
Step 2 – Building on Your Foundation Presented by William Edward Blanken Jr Setting investment goals Setting goals is an important part of financial planning. Before you invest your money, you should spend some time considering and setting your personal goals. For example, do you want to retire early?… Read More
7 Steps of Investing Basics – Step 1 Saving and Investing Wisely
Step 1 – Saving and Investing Wisely Presented by William Edward Blanken Jr Saving builds a foundation The first step in investing is to secure a strong financial foundation. Start with these four basic steps: Create a “rainy day” reserve: Set aside enough cash to get you through an… Read More
What is a 401(k) plan. Simplified
401(k) Plans Qualified cash or deferred arrangements (CODAs) permitted under Section 401(k) of the Internal Revenue Code, commonly referred to as “401(k) plans,” have become one of the most popular types of employer-sponsored retirement plans. How does a 401(k) plan work? With a 401(k) plan, you elect either to receive… Read More
The Big Picture
Financial Planning: Helping You See the Big Picture Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That’s where financial planning comes in.… Read More
Memorial Day Message
Memorial Day Message With most National Holidays, the meanings are clear on the aspect and how one approaches the day. Memorial Day is more confusing for many Americans. It can be easy to signify the day as beginning of the summer season, long weekend, or a day to grill… Read More