To find income in today’s markets, it can be difficult for an investor to know where to turn. Money market accounts and CDs are instruments many people use for safety, but can these generate a sufficient income for you? Are you worried about inflation eroding the purchasing power of your investments? And do these investments have any capital appreciation potential?
In this week’s Insight, Chris Troseth, Senior Wealth Manager at Investors Asset Management, shares one approach IAM uses to assist clients in answering these questions. Watch and learn the ways high quality, dividend-paying stocks can be a good alternative for the income portion of your portfolio!
Do you ever feel like there are not enough hours in a day? Do you find it perpetually challenging to find a balance between your work, family and personal goals? If so, you are not alone. Fortunately, when it comes to your personal finances, there are some things you can do to save your valuable time.
In this week’s Insight, Chris Troseth shares 3 ways to simplify your personal finances. Watch and you may find yourself better prepared to juggle life’s priorities!
Are you struggling to find the perfect gift for the children or grandchildren? Chris Troseth, Senior Wealth Manager at IAM, shares his insights about the perfect holiday gift. The holiday gift of college savings.
Do you dread getting into your car, going to the mall, and fighting the crowds only to purchase a gift your child might enjoy for a couple days, but then will break, go into the trash and end up in a garbage landfill.
When you really like something you become a fan. Chris Troseth, Senior Wealth Manager at IAM shares his insights about why he is a fan of the Roth IRA.
Chris is a fan, because a Roth IRA has so many great benefits. A Roth IRA is funded with after tax dollars. These are dollars that you have already earned and paid tax on, so once they are in the Roth IRA they grow tax-free. Unlike a traditional IRA or an IRA Rollover, distributions from the Roth IRA are tax free, and there is no minimum distribution at age 70 1/2 so your assets can continue to grow.
For more information on why Chris and IAM are fans of the Roth IRA, be sure to watch the above video.
Do you think it’s possible taxes will rise in coming years? If so, you might consider steps that can be taken in 2011 to reduce future tax obligations.
One such action might be to convert IRA assets into a Roth IRA account. In this video, Chris Troseth takes you through 3 logical steps to take when evaluating a potential conversion.
Chris Troseth, CFP(R), Senior Wealth Manager for IAM explains why you should work with a financial planner.
At Investors Asset Management, we help individuals set goals and monitor progress toward financial independence. At IAM we can help with estate planning, tax analysis, college funding, charitable giving, and retirement account advice.
Who do you want to control your assets when you are not able to control them yourself?
Chris Troseth, CFP(R), Senior Wealth Manager for IAM explains what an estate plan is, the benefits of a good estate plan, and why you should work with a certified financial planner.
What is Financial Planning? The answer is quite simple. Financial planning is the process of uncovering your goals and dreams, and implementing a plan to achieve them.
Chris Troseth, CFP(R), Senior Wealth Manager for IAM explains that a financial plan is a roadmap to achieving your goals. A good financial plan should answer questions like: How much do you need to be financially independent? How much should you be saving to fund your children’s college education? How can you minimize taxes?
A financial plan also needs to have a vision for the future. In an ideal world, how would you like to spend your time? Now and in retirement. What do you enjoy doing most? What are passionate about?
Rich Erwin, President and Chief Investment Officer at IAM talks about building an investment portfolio, and how it is like building a house.
At Investors Asset Management, IAM, we talk with clients about their goals, to see what they are trying to achieve with their money. This is an extensive process, but the ultimate goal is trying to get a blueprint for your financial house.
Chris Troseth, CERTIFIED FINANCIAL PLANNER® and Senior Wealth Manager for IAM discusses importance of understanding your unique tax situation and how essential it is in minimizing taxes over the short and long term.
Also discussed, are how to find out if you have tax loss carry forwards
