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Why You Can’t Hide From Inflation

by Michael Lecours | Mar 18, 2014 | Investment Strategies, Retirement, Saving, Uncategorized

Just because it isn’t making headlines, doesn’t mean inflation is not a serious issue.  We, as advisors, have to deal with on a daily basis.  The following article is filled with great nuggets about inflation.  Here are my favorites: “According to the US Labor...

IRA Pointers At Tax Time

by Michael Lecours | Mar 17, 2014 | Investment Strategies, Retirement, Uncategorized

Around this time of the year, when the tax reports are coming to your mailbox, you might be wishing you could do something about your upcoming tax bill. Well, maybe you can for your 2013 return, and for your 2014 return as well! Did you or your spouse work in 2013?...

Young Savers: How to Retire a Millionaire

by Michael Lecours | Feb 25, 2014 | Finding Confidence, Retirement, Saving, Uncategorized

I was quoted in an article the other day about what young people can do to begin saving for retirement.  The article outlines a lot of great concepts and analogies: Early Earl and Late Larry, a great chart showing the time value of money A snowball rolling down a hill...

The Risks of Having High Levels of Cash

by Michael Lecours | Feb 14, 2014 | Cash, Investment Strategies, Retirement, Saving, Uncategorized

Investors have been keeping record high levels of cash in their investment accounts and savings accounts.  It’s a logical place to park money for a while. It’s relatively safe, readily accessible and a very common practice.  Unfortunately, many investors are moving to...

Financial Priorities Throughout Your Life

by Michael Lecours | Jan 18, 2014 | Retirement, Rule of Thumb, Saving, Uncategorized

No matter what stage of life you’re in, the following article offers a great summary of what your financial priorities should be throughout your life. A Salary Guide For Your 20s, 30s, and 40s

Is Your Career More Like a Stock Or a Bond?

by Michael Lecours | Jan 15, 2014 | Retirement, Rule of Thumb, Uncategorized

A recent article argues that investors in steady jobs (government, teachers, etc) should balance out their steady & predictable “bond-like” pay check by buying more stocks in their retirement accounts, while investors in risky jobs (entrepreneurs, sales, etc.)...
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