Financial Blog
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
Veteran Understanding of Debt and Financial Stability, 3 Simple Rules
DEBT and YOUR FAMILY The word ‘debt’ can send chills down your spine and make you want to run for the hills; but for most military families it can also mean the end of a military career. For Veterans it can mean homelessness. Unless you are debt free and… Read More
Veteran Insights: Take Charge of your Financial Planning After Separation
Take Charge of your Financial Planning After Separation When we leave military service, life as we know changes in minutes. We get excited that a new life is ahead of us. Our life can become less structured—with fewer rules and more privacy—maybe. One of the many changes to consider… Read More