Not exact matches
When market conditions favor wider diversification in the view of Hussman Strategic
Advisors, Inc., the Fund's investment manager, the Fund may invest up to 30 % of its net assets in securities outside of the U.S. fixed - income market, such as utility and
other energy - related stocks, precious metals and mining stocks, shares of real estate investment trusts («REITs»), shares of exchange - traded funds («ETFs») and
other similar instruments, and foreign government
debt securities, including
debt issued by governments of emerging market countries.
In addition to being one of the most comprehensive and useful retirement calculators — really more like a virtual financial
advisor — the tool can instantly tell you how your retirement income, expenses, assets,
debt and net worth compare to
other people in your own zip code.
Because of the particularly high interest rates that many credit cards carry, financial
advisors recommend focusing on paying down this
debt before
other types of loans.
And keep in mind that your financial
advisor earns no fee on «managing» cash you use to pre-pay your mortgage or
other debt.
«Any financial
advisor worth their credentials would give an emphatic «no» to using loans, or in
other words, go into
debt, to go on vacation,» says Ryan Miyamoto, CFP and founder of Derive Wealth, a California - based wealth management firm, «Why?
Mike Chadwick, an investment
advisor with Chadwick Financial
Advisors, warned that if you don't have any savings, «You're going to end up in
debt with credit cards, loans from family or some
other source, and it's a slippery downhill slide if you're not disciplined to always save some of your earnings.»
Credit card
debt advice from a reputable
debt advisor will not be any different to the advice they'd give you about any
other type of unsecured
debt.
In this case financial
advisors recommend paying off
other debts and repay the educational loan after them.
These programs are designed specifically for the purpose of paying off your
debt, and they often come with financial
advisors and
other helpful resources.
Unlike the
other two credit and
debt advisors, they are regulated by the Bankruptcy and Insolvency Act which rules what they can and can not do and what their fees can be.
Each person's situation is unique, so consult with a credit counselor or
other trusted financial
advisor before you decide which
debt management option is the correct option for you.
In addition to financial
advisors,
other types of credit service companies have surfaced offering credit repair services, credit - counseling services, and
debt management or
debt repayment plans.
Though some
advisors may be hesitant to use ETNs due to the credit risk associated with these
debt instruments, these vehicles can potentially offer some material tax advantages over
other structures.
Representation spans matters involving registration of corporate securities, corporate organization, public and private equity and
debt financing, regulatory compliance, SEC matters, NYSE and all
other national securities exchanges, mergers, acquisitions and
other business combinations, broker - dealer and investment
advisor registration and regulation as well as SEC enforcement and litigation procedures.
JPMorgan Chase & Co. last month sold about $ 500 million of bad loans to Lone Star Funds, while Oak Hill
Advisors LP bought $ 659 million of delinquent
debt from Freddie Mac, said two
other people, who asked not to be named because the transactions are private.
While some financial
advisors adamantly advise you against more
debt,
other advisors encourage the use of «good
debt» through investing.
«Consider what you can afford for a monthly mortgage, down payment and home repairs and upgrades,» said Melinda Wilke, wealth management
advisor for Northwestern Mutual in Hales Corners, Wis. «Your total monthly housing expenses should not exceed 28 percent of your pretax income or 36 percent when combined with all
other monthly
debt like student loans, car payments and credit cards.