Category: Personal Finance

Put Thanksgiving Lessons to Work in Your Financial Plans

Edward Jones

Submitted by Mark Sandy Thanksgiving is almost here. Over the years, this holiday has taken on a variety of meanings, most of them centered on family, caring and sharing. You can carry these same values past Thanksgiving into your daily life – and you can certainly incorporate them into your financial strategies for taking care…

Investors Should Avoid “Great Expectations”

Edward Jones

Submitted by Kevin Carpenter Apart from death and taxes, few events in our world are consistently predictable – and investment returns are definitely not one of them. What can you, as an individual investor, do to cope with the ups and downs of the financial markets and make progress toward your long-term goals? To begin…

It’s National Save for Retirement Week – So Take Action

Edward Jones

Submitted by George Koepp Congress has dedicated the third week of October as National Save for Retirement Week. Clearly, the government feels the need to urge people to do a better job of preparing for retirement. Are you doing all you can? Many of your peers aren’t – or at least they think they aren’t.…

Vote for Smart Investment Moves

Edward Jones

Submitted by Mark Sandy The presidential election is little more than a month away. Like all elections, this one has generated considerable interest, and, as a citizen, you may well be following it closely. But as an investor, how much should you be concerned about the outcome? Probably not as much as you might think.…

Want to retire early? Start planning now

Edward Jones

Submitted by Kevin Carpenter The average American retires at about age 63, according to data from the U.S. Census Bureau. If you enjoy your work, of course, you may want to go well beyond that age. But what if you don’t want to wait until 63 or so? Can you afford to retire early? Possibly…

Use ‘open enrollment’ to help improve your financial outlook

Edward Jones

Submitted by George Koepp It’s Open Enrollment Season, so if you work for a medium- or large-sized company, you will need to make some choices regarding your employee benefits — and these choices can have a big impact on your financial situation. Depending on your employer, your benefits package may include various types of insurance,…

Consider all aspects of college savings options

Edward Jones

Submitted by Mark Sandy It’s almost back-to-school time. If you have young children going to public schools, your biggest expenditures may be on pens, pencils and notebooks. But if you want those same kids to go to college someday, you’ll eventually face considerably larger costs – so you may want to start preparing soon. College…

The $12 trillion longevity bonus

THCF

By Phil Hanson, Truman Heartland Community Foundation president and CEOYour community foundation has been actively leading the work of the Community for All Ages Coalition for Eastern Jackson County. Today I want to share with you some research that we recently reviewed with our coalition that was done by Merrill Lynch and Age Wave. Age…

Diversification is still important for retirees

Edward Jones

Submitted by Kevin CarpenterDuring your working years, your primary investment goal is generally growth – you need your money to grow so that you can eventually afford the comfortable retirement lifestyle you’ve envisioned. But when you retire, should you change course and adjust your investment strategy from “offense” to “defense?” Actually, it’s not quite that…

Investing: A Marathon, Not a Sprint

Edward Jones

Submitted by George KoeppNext week, the 2016 Summer Olympics begin in Rio de Janeiro. One of the most compelling events is the marathon, a 26.2-mile endurance contest with roots dating back to ancient Greece. It may be that we’ve kept our interest in the marathon because it can teach us much about life – and…

Act today to avoid financial regrets tomorrow

Edward Jones

Submitted By Mark Sandy“Regrets? I’ve had a few.” – Frank Sinatra.  Sinatra, one of the most famous entertainers of the 20th century, did things his way, but he was also familiar with remorse. He’s not alone, of course. We all deal with regrets – and financial ones are among the most troublesome. Here are the…

Avoid problems by updating beneficiary designations

Edward Jones

Submitted by Kevin CarpenterLike many people, you might not particularly enjoy thinking about your estate plans, but such planning is necessary to make sure your assets go where you want them to go. And it’s just as important to regularly review your plans with your tax, legal and financial professionals in case any changes are…

Become familiar with these 5 key areas

Edward Jones

By George KoeppAs an investor, what are your goals? You can probably think of quite a few — but over the course of your lifetime, your objectives typically will fall into five key categories. And once you’re familiar with these areas, you can start thinking of what they’ll mean to you in terms of your…

What can vacations teach you about investing?

Edward Jones

Submitted by Mark Sandy Summer is almost here — which means it’s officially vacation season. You may be looking forward to “getting away from it all,” but, as you know, vacations actually require a fair amount of planning. And it might surprise you to learn that some of the efforts required for successful vacations can…

Here’s how to keep your portfolio healthy

Edward Jones

Submitted by Kevin Carpenter If you have a medical appointment this week, you might want to wish your nurse a happy National Nurses Week. This annual event is designed to celebrate the important role nurses play in health care. Of course, while nurses and doctors can help you in many ways, you can do a…

Can you make your investments less “taxing”?

Edward Jones

By George Koepp Tax Freedom Day, which typically occurs in late April, according to the Tax Foundation, is the day when the nation as a whole has earned enough money to pay off its total tax bill for the year. So you may want to use this opportunity to determine if you can liberate yourself…

Spring brings rain, scholarship season

THCF

Submitted by Phil Hanson, Truman Heartland Community Foundation president and CEO“April showers bring May flowers” is the traditional saying and we are getting plenty of needed rain as I write this column. Spring is a time of new life and growth, so it’s appropriate that it’s scholarship season here at your community foundation. The scholarships…

Tax return deadline April 18

The deadline for filing personal tax returns this year is April 18. The Internal Revenue Service is extending the deadline in observation of Emancipation Day, which marks the day the Compensated Emancipation Act was signed by President Abraham Lincoln. Because April 16 falls on a weekend, the holiday is being celebrated on the closest weekday,…

Put your tax refund to work

Edward Jones

Submitted by Mark SandyIn 2014, the average tax refund was about $2,700. If you got that much this year, what would you do with it?  You can probably think of a lot of things you might do with $2,700. You might decide to splurge and buy some big-ticket item you’ve been eyeing. Or you could…

Should You Change Your Investment Mix Over Time?

Edward Jones

By Kevin Carpenter To be successful at investing, some people think they need to “get in on the ground floor” of the next “big thing.” However, instead of waiting for that one “hot” stock that may never come along, consider creating an asset allocation – a mix of investments – that’s appropriate for your needs,…