When it comes to building long-term wealth, many investors immediately think of traditional investment vehicles like stocks, bonds, or mutual funds. However, real estate offers an exciting avenue for diversifying your portfolio and creating a sustainable income stream. Whether you’re a seasoned investor or new to the world of real estate, understanding alternative real estate investment options is essential. In this article, we’ll dive into key strategies and considerations f

Investing for retirement is a crucial aspect of financial planning that requires a balanced approach to ensure long-term stability and growth. Whether you’re just starting to think about retirement or revisiting your strategy, the choice of retirement stocks plays a significant role in achieving your financial goals. At Fee Only Planners, we emphasize the importance of a diversified portfolio, personalized retirement and planning strategies, and a focus on long-term growth. I

One of the most crucial, yet often overlooked, estate planning documents is the letter of instruction . Many people spend time creating a will, trust, and other essential legal documents, but they forget to include this simple yet powerful tool that can help their loved ones manage affairs after they pass away. In this article, the advisors at Fee Only Planners provide guidance on writing a letter of instruction, offer a free template for a will , and explain how to ensure yo

When it comes to managing your finances, ensuring that your advisor acts in your best interest is paramount. This is where fiduciary investment advisors come into play. But what exactly does it mean to be a fiduciary? In this article, we will delve into the meaning of fiduciary, the definition of a fiduciary, and how fiduciary investment advisors operate to benefit their clients. What is a Fiduciary? A fiduciary is a person or firm who acts on behalf of another, putting their

If you’re considering buying an annuity—or already own one—it’s likely because you’re looking for an investment that seems safe, provides regular ongoing payments, and limits potential losses. However, there are many types of annuities with substantial differences, and not all provide the safety that investors desire. Understanding these differences is crucial to making an informed decision. Understanding Fixed and Indexed Annuities Annuities can offer stability and security,

Navigating the world of investments can be complex, especially with the variety of financial products available and the fluctuations in market performance. At Fee Only Planners, we strive to provide you with the knowledge and tools necessary to make informed decisions about your investments. This article will explore the performance of investments, with a focus on fixed and indexed annuities, and how to evaluate them effectively. Establishing a Track Record in Investment Perf

Investing is a marathon, not a sprint. It takes guts to stick to your plan and avoid selling into a bad market. “Buy low, sell high” seems easy enough to master. Many investors fail to follow this advice including DIYers and professional advisors alike. There are ways to avoid the pitfalls of emotional investing  — here’s a collection of a few to remember. Establish long-term goals for your Investment Choices If you are glued to the market report and checking your portfolio v

Proper financial planning should always be a focus, but for those who are dealing with a physically ill spouse or loved one, it is crucial. There are several financial considerations that you will need to ponder, and naturally, these will not work with every situation, and chatting with a professional financial planner is always the best place to start. Cash Flow If your spouse or loved one is still in the workforce, you may be able to receive significant disability benefits

Diversification is one of the cornerstones of traditional investment advice. The most common saying we hear is “never put all your eggs in one basket” and the moral holds true. Markets go up and down through economic change, business cycles, and a wide variety of factors changing investment outcomes. Managing these peaks and valleys is the primary goal of an investment plan. The best possible defense against risks in any investment strategy is diverse and well-balanced financ