Don’t Disregard The Value Of Your Home

I find that when people evaluate their assets as they move toward retirement, they usually focus only on their traditional investments, things such as 401(k)s, IRAs, mutual funds, stocks and bonds. When looking for a stream of income, Social Security and pensions are examined and calculated. For good reason, these assets and sources of income […]

The Crushing Weight of Financial Debt

Last Thursday I met a very nice man from Dennis, let’s call him Jack. Jack recently took a course I taught about how to build a successful retirement system. He wants to do just that, but Jack has a major problem: he is drowning in debt.   Ahhh, that nasty word, debt; that deep hole […]

Backdoor Roth IRA: Appropriate Or Not?

Last week I received a phone call from a very nice young woman, Stephanie. She is a faithful Cutter Family Finance reader who wants to stay financially fit.   Stephanie wants to contribute to a Roth IRA. She is concerned about taxes rising in the future and she does not want to bear that burden. […]

‘Set It And Forget It’ Investing . . . Are You Nuts?

I have crazy sleep patterns. Oftentimes I wake up in the middle of the night . . . just thinking about things. When I cannot sleep, I like “channel surfing” to check out the infomercials on TV.   The other night, I was channel surfing and came across an ad for a rotisserie and barbecue […]

Common Portfolio Misconceptions

Lately, I have met a slew of folks all wanting to have the same old discussions about allocation strategies, historical performance, top mutual fund managers, price to earnings (PE) ratios, or whatever else their brokers deem to be the hot topic of the day in the shark-infested shallows of the stock market noise. And although […]

Trusts As Beneficiaries: Why?

Often when I am performing a financial review for folks, I am asked whether they should name a trust as the beneficiary of an IRA. The first question I ask anyone who is thinking of naming a trust as an IRA beneficiary is . . . Why?   Naming a trust as an IRA beneficiary […]

Are The Markets Rigged?

Last week John and his very lovely wife Stephanie, from Sandwich, came to my office seeking advice. They have been “do it yourselfer” investors using a big Boston brokerage house for almost twenty years. They said that they were “hurt” in down years such as 2001, 2002, and 2008, but not nearly as much as […]

The Biggest Misconceptions About Portfolio Performance

When I meet folks I find that many times they don’t have a financial process that would help them make logical financial decisions for their future. I find that more often than not, folks have made their financial decisions based on emotions and without knowing the relevant questions to ask in order to filter out […]

History Repeats . . . History

“The Dow tumbled 390.23 to 8,019.26, bringing the 30-share index down 1,360 points over the past two weeks and leaving it at its lowest since October 1998. It also closed 216 points below its Sept. 21 close following the first full week of trading after the Sept. 11 attacks.” [1]   That was the report […]

The Fed, What Is It Up To?

How will the Fed’s decision to taper its bond-buying program again affect your financial future? Who knows.   What I do know is this. In December 2013, the Federal Reserve Open Market Committee (“FROMC”) made two very important decisions, to trim the monthly bond-buying program from $85 billion to $75 billion for January 2014, and […]