Risk Management
20 Second Advisor: Why you should diversify globally
We all know that US stocks have significantly outperformed international stocks in recent years. Because of this and the fact that many US based multinationals are major players in the world economy, many clients have asked whether international diversification is unnecessary. Not at all. A few reasons to continue investing internationally: International stocks represent about…
Read More20 Second Advisor: Cash = Insurance
A basic step in almost any financial plan is to save cash and hold it in a savings account for an emergency. I think we would all agree this is a good idea. This is a form of insurance. We pay money for life, health and disability insurance. These COST us money. Holding cash in…
Read More20 Second Advisor: Now can be a great time to tax loss harvest
Losing money is never someone’s idea of a long-term investment plan, but a well-diversified portfolio will usually contain some investments that have indeed lost value, at least over the short term. But sometimes an investment that has lost value can still do some good. Given the recent ups and downs in the market, now could…
Read MoreYou received an inheritance, now what?
Research shows the average inheritance is spent within five years. As an advisor at Verisail, I have seen both sides of the coin. Some of my clients have done a great job at continuing to live their lives as if the inheritance wasn’t even there. I have witnessed other clients unwisely spend a significant portion…
Read MoreVerisail’s Secret Revealed. Step 4 To Financial Freedom – Insurance
“We insure against what can go wrong in order to acquire the luxury of investing for what can go right!” Nick Murray Nobody likes talking about death, disability, or the bad things that can happen in life. But, that does not mean they aren’t important to consider. Last week, we talked about Retirement planning and the…
Read MoreHow to Cover Your Bases If You Have Kids
Life insurance. Generally you only need life insurance once someone is depending on your future income. If you plan to have kids, you should start thinking about the situation your survivors would be in if you passed earlier than expected. Life insurance can help pay off your mortgage or other debt, as well as provide…
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