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Investment Management & Financial Planning
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| Wealth Building Strategies Newsletter | April 2008 |
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Dear Karla,
Get A Round-Trip Investment With Stockbrokers, Fee-Only Advisors, Fee-Based Advisors - What's the Difference? The financial services industry is a very crowded space. With so many to choose from, how do you distinguish what type of financial advisor you are working with? How do you know who you can trust with your money? Many financial advisors are nothing more than glorified salespeople with a clever title. The investments they sell have a direct correlation with the compensation they receive. Given those dynamics, what are the odds that you will receive objective advice? Don't be fooled. The following guide will help you make more informed decisions on how advisors are compensated. Click here to read the full article.
Uncle Sam wants laggard 401(k) account holders to beef up their savings by channeling contributions into diversified default investments. Read Cathy's quote on BusinessWeek's "A New Way to Manage Retirement Funds" Click here to read the full article. Question of the Month - What's the difference between recession and depression? What's the difference between a recession and a depression? A recession is defined as 6 months or two consecutive quarters of GDP decline. A depression is defined as 18 months or six quarters of GDP decline. Send us your comments or general questions to info@cathypareto.com
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