Financial Idea's Blog

What are Financial Ideas for Investing My Money in Health Care?

Here we go, back to the purpose you have (see the previous blog).

There are ways in which you can do what the title of this article asks, but that’s not getting deep enough into the topic yet.  Getting deep enough means having someone like me asking you exactly what you mean when you express that concern.

For example, maybe you mean getting the most for your health care dollar today, which given the current political debates seems fairly likely.

You could also be asking about getting the most for your health care dollar TOMORROW (or at or after your own retirement), which is a completely different question.

You might even be asking for a recommendation on the best health care companies to invest in, either at any time or in the immediate timeframe considering the uncertain outcome of the health care debate.

I can help you sort out and prioritize these questions, and once we know what the most current concern is, we can either solve it, or I can point you in the right direction to get it solved.

The client who can appreciate that is the best client for me or any other advisor to work with, because they realize that the advisor has their best interest in mind, not just his or her own.

So, don’t run out a get a new health plan or a new health care company as an investment, or even a health-related long-term plan without talking first with me.  I pledge to find the right thing for you, whether I can do it myself or not.  How’s that for a fair deal?

Want to know more?  Let’s talk, and create a plan that’s right for you and your family.

Technorati Tags: What to Invest In

Is Tech Stock Hot? Technology Financial Ideas

My goodness… I guess it’s time for that one again.

So, why do I say that?  I mean, lots of gurus on the net are saying that.  It’s simple, lots of gurus are indeed saying that, and lots of other gurus are saying that this sector is hot or that sector is hot, and you’d be foolish to ignore them (so they say).  Other gurus are saying this sector is cold or that sector is cold, and you shouldn’t touch them with a ten-foot pole.

Keep in mind that the reason they’re saying what they’re saying is because they often are trying to sell you their newsletter with even more detail about whatever it is they’re touting, probably with recommendations you’ve never heard of.  That can only mean it must be a great secret that hopefully you still have time to cash in on……right?  They do this because it’s far easier to conduct their business at arm’s length with no regard for you or your unique purposes.

Read More …

Technorati Tags: hot stock, Learn to invest stock, Technology stock

If I Do The Roth Conversion, Can I Finance The Tax Payment?

Okay, we’re putting the cart before the horse here, as the saying goes.

I assume you’re at least a bit read up on how conversions work or you wouldn’t have this question, but since I really shouldn’t assume anything, a brief review is in order first. If you don’t think you need the review and just want the question answered, skip down seven paragraphs….at your own risk, of course. ?.

Prior to 2010, converting from a Traditional IRA or an old company 401(k) was severely limited, in that if you, or you and your spouse, depending on how you file your taxes, made anything in excess of $100,000, conversion was not allowed. As of 2010, that restriction has been removed, so that effectively means that anyone can convert. The next question is whether or not converting makes sense for you. In 2010, as it has always been since the creation of the Roth IRA, you are allowed to make a conversion from your Traditional IRA….if you are willing to claim all of those converted dollars as additional income. That’s not different this year. What is different is that, for tax year 2010, while you convert the money and start growing it tax-free, you don’t have to claim the income right away. Wow, that’s huge! (Okay, it’s huge to me, but that’s because I’ve done the long-term math).

Read More …

Technorati Tags: Convert My IRA, federal, IRA, IRA Conversion, Roth IRA

Sirius XM above $1 again. Now what?

Time to pop champagne corks if you’re a Sirius XM Radio shareholder. The stock closed above a buck Wednesday for the first time since September 2008.

Technorati Tags: Financial Ideas, Investing strategy, Retirement

What’s wrong with this picture: Kodak tops S&P

Many investing pros thought that 2010 would be the year when quality growth companies, firms with strong balance sheets and healthy earnings prospects, would lead the market.

Technorati Tags: Financial Ideas, Investing strategy, Retirement

Financial Ideas for ‘Would-Be’ Small Business Owners

Hmmmm….I guess the first question here is “why are you starting a small business?”

You should know that generally speaking I think that starting a small business is a great thing.  After all, this country was founded by entrepreneurs running their own printing presses or stables or whatever, and now only about 2% of Americans have their own businesses.  Most of us think quite wrongly that we have no choice but to work for “the man”, but guess what?  “The man” is just one of us who has already figured it out.

While there are distinct advantages to being a W-2 employee instead of being a 1099 contractor or your own boss, for many people it’s just not the fulfillment or the freedom that they were looking for.

Okay, with that disclaimer out of the way, the answer to the question in the first paragraph might be one of the following: Read More …

Technorati Tags: Small Business

Buffett’s Baby Berkshires: Buy or bust?

To borrow a tag line from one of Warren Buffett’s most well-known companies, buying Berkshire Hathaway is now so easy, even a caveman can do it.

Technorati Tags: Financial Ideas, Investing strategy, Retirement

How do you say bailout in German?

Who said there was bailout rage and fatigue? Investors around the world uttered a collective cry of “Danke” and “Opa!” due to reports that Germany may rescue the shaky Greek economy.

Technorati Tags: Financial Ideas, Investing strategy, Retirement

The burger and beverage recession

Want more proof that the U.S. economy is still in a fragile state? Consider this. People are still holding back on buying burgers, soda and beer. So much for fast food, soft drinks and booze being recession-proof.

Technorati Tags: Financial Ideas, Investing strategy, Retirement

After the gold rush

It hasn’t been a good year for the black and gold.

Technorati Tags: Financial Ideas, Investing strategy, Retirement