Do-It-Yourself financial and investment planning Excel spreadsheet software
PIRATES OF THE CREDIT SEA – Part 4: Hitting the Citibank Stone Wall in Polite Conversation This article continues my personal saga of trying to get Citibank to fix problems with their management of my credit card account with them. For a summary of the overall situation, go to Part #1: My Treasure Is Taken! […]
PIRATES OF THE CREDIT SEA – Part 3: I want my treasure back!! (Please) What are my rights in the situation that I summarized in my previous article: “PIRATES OF THE CREDIT SEA: My Treasure Is Taken!“? Well, the answer is very simple. I have a contractual right to get my treasure back. I also […]
PIRATES OF THE CREDIT SEA – Part 2: What are my rights? What are my rights in the situation that I summarized in my previous article: “PIRATES OF THE CREDIT SEA: My Treasure Is Taken!”? Well, the answer is very simple. I have a contractual right to get my treasure back. I also have a […]
PIRATES OF THE CREDIT SEA – Part 1: My Treasure Is Taken! Regular readers of The Skilled Investor have already been warned previously of the general dangers of consumer debt and of the risks associated with credit cards. Now, The Skilled Investor has himself become ensnared. In a series of articles, I will: A) summarize […]
Two examples of the Tax Assets graphic in VeriPlan TAX ASSETS: Taxable and Tax-Advantaged Financial Assets (real $/yr) Below are two examples of the blue-tabbed TAX ASSETS graphic, which come from VeriPlan’s “Sue and Sam Saver” tutorial. This graphic separates their cash, bond, and stock assets by account taxability throughout their lifetime projections. Assets are […]
VeriPlan can estimate the lost lifetime value of investment sales loads that you have already paid in the past Your personal investment portfolio losses related to past investment sales load payments can and should be measured, when you evaluate the cost-efficiency of your investment strategy. However, you cannot recapture any of the lost returns (past […]
How expensive is financial advisor compensation paid via sales loads? A sales load might be the method that you prefer to compensate your broker or advisor. If your advisor is truly competent and ethical, he may be able to manage properly the inherent conflicts of interest that are associated with commissioned investment product sales. Even […]
VeriPlan automatically tracks returns lost to investment sales loads Many justifications for investment sales load charges might be offered by financial advisors during the sales process, but once a front-end load is charged, your diminished portfolio will ‘forget’ about the load charge for the rest of your life. Loads become ‘phantom’ assets, which are rarely […]
Understanding one-time investment fees, such as sales loads Sales load charges and commissions on investment purchases differ from the financial service industry’s numerous other recurring methods of charging fees to their retail consumers. Sales loads are less straightforward to analyze for investment lifetime cost-effectiveness, compared to annually recurring charges. (See: Pay less to get more) […]
The heavy burden of recurring investment fees (Part 2 of 2) < < — Go to Part 1 By charging fees as a percent of your assets, the investment industry can make their recurring fees seem small – like they are “just a few†percent. Financial Planning Software for Consumers Furthermore, by charging fees against […]
The heavy burden of recurring investment fees (Part 1 of 2) Recurring investment costs can significantly impact the long-term value of your retained investment portfolio assets. Recurring fees, such as asset management fees, 12b-1 marketing fees, and advisory/asset custody fees are charged periodically, as a percent of your investment assets. The relative cost-efficiency of your […]
Can you really get free and objective investment advice, when you pay investment sales loads? (Part 2 of 2) Excessive investment costs and investment expenses are a plague on your lifetime personal financial planning. Excessive investment expenses are one of the most significant barriers to lifelong family financial security. While financial services industry sales people […]
Can you really get free and objective investment advice, when you pay investment sales loads? Excessive investment expenses are one of the most significant barriers to your family’s lifelong financial security. Excessive investment costs are a plague on your personal financial planning. While financial services industry sales people tell you that you need to pay […]
Pay lower investment expenses to get higher investment returns While financial services industry sales people tell you that you need to pay more to get more, the correct answer is the opposite. Excessive investment costs are a plague on your personal financial planning. Excessive investment expenses are one of the most significant barriers to lifelong […]
Pay Lower Investment Expenses To Get Higher Investment Returns – Part 1 Excessive investment costs are a plague on your personal financial planning. Excessive investment expenses are one of the most significant barriers to lifelong family financial security. While financial services industry sales people tell you that you need to pay more to get more, […]
No financial planning software and no investment growth calculator can predict the future – Part 2 The future in not predictable, even with automated financial planning software. The future is fundamentally not predictable. The future of personal financial planning and investing is similarly unpredictable. The Skilled Investor’s approach with VeriPlan is different. As a lifetime […]
No financial planning software and no investment growth calculator can predict the future The future is simply not predictable, even with automated financial planning software. A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much […]
Your investment portfolio and other property assets are simply your evolving estate A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set of financial beliefs […]
SEC’s “Merrill Lynch Rule” Struck Down by the US Court of Appeals In a 2 to 1 decision this morning, the US Court of Appeals struck down the US Securities and Exchange Commission’s rule on fee based broker accounts, which as become commonly known as the “Merrill Lynch Rule.” This rule was first proposed in […]
Do not ignore insurable risks that could destroy your best laid financial plans A previous financial article, “The Solution – ONLY follow financial strategies that are scientific, passive, diversified, savings focused, risk controlled, low cost, and tax efficient,†suggested that investors are much better off with a well-considered financial plan. A stable set of financial […]