by Michael Lecours | Jan 28, 2015 | Rule of Thumb, Saving, Uncategorized
I was recently quoted in an article about what parents-to-be should look for when buying a home. There are several great issues to keep in mind. But the author saved the most important for last – Affordability. Buying a Home With Parenthood In Mind
by Michael Lecours | Jan 18, 2015 | Asset Allocation, Investment Strategies, Retirement, Rule of Thumb, Uncategorized
Research out of Investment Company Institute found that 11% of investors have not rebalanced their investments in the last five years. As the US stock market continues its bull run, the value of US stocks represent a larger and larger portion of the portfolio. All of...
by Michael Lecours | Jan 16, 2015 | Cash, Retirement, Rule of Thumb, Uncategorized
NU Retirees: For over a year, the interest rate for the Fixed Account in the 401(k) plan at Fidelity has been declining. The decline has continued into 2015 with the rate reducing from 2.25% to 2.0%. As we have mentioned in the past, we now view the fixed account as...
by Michael Lecours | Nov 10, 2014 | Cash, Investment Strategies, Rule of Thumb, Saving, Uncategorized
You, like many Americans, may have a sizeable pot of cash just sitting in a bank account earning next to nothing. The goal in keeping cash in a bank account is safety. But what if I were to tell you that you that there was a hole in your pot and you are losing 2-3%...
by Michael Lecours | Nov 7, 2014 | Cash, Economy, Investment Behavior, Rule of Thumb, Uncategorized
At least once a week, a client will give me a reason why they don’t want to invest in the US stock market. They mention the headlines (which are designed to scare investors), and talk about the crisis-du-jour, or reference the looming economic dark clouds growing in...
by Michael Lecours | Oct 24, 2014 | Economy, Rule of Thumb, Saving, Uncategorized
With oil prices dropping, there are a few ways you can take advantage of it. Here are two great resources: Find cheap home heating oil: Cash Heating Oil Find cheap gas: Gas Buddy
