Word: planner
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
First, rebalance your portfolio to be sure you are comfortable with your exposure to stocks. Financial planner Harold Evensky of Coral Gables, Fla., says that, on average, his balanced investors (40% bonds, 60% stocks) are down only 2% annually over the past three years. How is that possible? Bonds, small caps and value stocks kept them afloat. Reaching your equilibrium in this market may mean selling your losers on the way up or putting all or part of your new investment capital into safe alternatives to stocks and traditional bonds. In general, you should keep in a safe haven...
...first step toward fixing the problem is to recognize how dramatically things have changed. People need to downscale their expectations and recognize that the phenomenal returns of the 1990s were the aberration. David Bach, a New York City financial planner and the author of the best-selling Smart Couples Finish Rich, recalls the types of meetings he would have with investors just three years ago. "We'd meet with people who brought along planning proposals from our competitors, and they'd plugged in 18% yearly returns," says Bach. "For a while it was possible to back-test a hypothetical portfolio...
Ratcheting down risk by adding bonds to a portfolio--and saving more--is a great start, says Dean Knepper, a planner at Lifetime Financial Planning in Leesburg, Va. "Taking additional risk in an attempt to catch up," he says, "will not work if the individual becomes uncomfortable when the market is down and sells the investment." Knepper asks his clients to fill out a daily spending log. "They are often shocked at how that morning espresso and evening iced latte add up," he says, advising that if you cut $10 a day from spending, you can accumulate enough each year...
Karen Petersen, a financial planner in Ames, Iowa, for American Express Financial Advisors, is counseling clients to build a portfolio that provides near-certain income through cash and fixed income that will not fluctuate with the stock market for the first three years of retirement. Beyond that, she helps them invest carefully in stocks so they can earn a long-term return that beats inflation. "I want to rebalance people's portfolios, but I don't want them to leave the stock market entirely," she says. The market may not rebound quickly, but it's sure to do well over...
...hours before you come back to the same place," says Bodman, as he pilots a flying saucer along a network of tunnels. If action isn't your bag, you can try a real-life simulation like SimCity. It's really "a management sim[ulation]," says Bodman. You are "town planner, chief executive, deity even," supplying roads, housing, electricity, employment. The exhibition's section on The Sims, the virtual dollhouse bought by more women than men, shows original designs for characters and decor, as well as artwork by painter Ocean Quigley, who has worked on the series. One of the exhibition...