Author: elghoulam

High-net-worth retirees’ investments may be ‘dragged down’ by non-working assets

[ad_1] Certain assets that cost money over time could have a negative impact on investments and retirement, according to a financial advisor who works with mass-affluent retirees. This could play into certain reverse mortgage conversations. Many outsiders often see the reverse mortgage industry as a “loan of last resort” for financially distressed seniors, a tagline… Continue reading High-net-worth retirees’ investments may be ‘dragged down’ by non-working assets

What to Do When You’re a Financial Late Bloomer

[ad_1] Many people find themselves behind financially in their 30s, 40s, or even later in life. Maybe you’re a financial procrastinator, or you faced setbacks like job loss or health issues that hampered your earnings—or you simply didn’t make finances a priority in your youth. Regardless of the reason, there are steps you can take… Continue reading What to Do When You’re a Financial Late Bloomer

How Financial Advisors Can Help With Debt Management – Forbes Advisor

[ad_1] Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. You feel like you’re drowning in debt. You don’t know how to get out of the situation. All you know is that your mental health is suffering and you’re craving financial security. You’ve… Continue reading How Financial Advisors Can Help With Debt Management – Forbes Advisor

Wealth Advisors: Stop Asking ‘What?’ and Start Asking ‘Why?’

[ad_1] How do you define “wealth?” Is it having $1 million in the bank? Or $10 million? Is it the ability to purchase luxury cars and vacation homes, or is it more about the freedom to spend your day pursuing hobbies outside of an office? As a financial advisor, I can tell you that if… Continue reading Wealth Advisors: Stop Asking ‘What?’ and Start Asking ‘Why?’

Advisor360°: Next-Gen Financial Advisors Say Generative AI Will Help – Not Harm – Their Careers and the Industry

[ad_1] Cyber Monday Extended for One More Day! 50% Off Deal to Options 101 Want to become an options master? In his special 50% off Cyber Monday opportunity, options expert Nic Chahine will give you full access to his top options picks, including strategies he’s used to bag double-digit wins. Learn Nic’s time-tested strategy ASAP.… Continue reading Advisor360°: Next-Gen Financial Advisors Say Generative AI Will Help – Not Harm – Their Careers and the Industry

Should High-Income Families Fill Out The FAFSA?

[ad_1] Free Application for Federal Student Aid (FAFSA). getty The 2024-2025 FAFSA is full of changes – from the opening date in December, to the replacement of the Expected Family Contribution (EFC) with the Student Aid Index (SAI). The result of these changes is to potentially allow more student aid to become available to low-income… Continue reading Should High-Income Families Fill Out The FAFSA?

Lazard CEO Peter Orszag on AI predictions: All ‘invariably wrong’

[ad_1] AI is a hot topic on Wall Street—but it’s also one of the most divisive. Experts in the field, including Big Tech leaders, start-up founders and computer scientists, can’t seem to agree on whether the technology—which sparked an investing frenzy after OpenAI’s ChatGPT became a mainstream phenomenon—will save humanity or destroy it. Only one… Continue reading Lazard CEO Peter Orszag on AI predictions: All ‘invariably wrong’

Before Using AI Investing Tools, Watch Out For These Costly Pitfalls

[ad_1] “How has Microsoft stock performed since Satya Nadella took over as CEO?” That’s the kind of question that generative artificial intelligence (AI) can excel at, say experts. AI can save human investors significant time in looking up the facts – “When did Nadella take the helm?” and “How has the stock moved since then?”… Continue reading Before Using AI Investing Tools, Watch Out For These Costly Pitfalls