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financial advisors

What good financial advice looks like

January 16, 2018 By Liz Weston

Good financial advice can help you achieve your life goals. Bad financial advice can cost you a fortune and leave you worse off than if you had tried to go it alone.

Unfortunately, you’re still on your own in trying to determine the good advice from the bad. The U.S. Department of Labor has delayed key portions of a fiduciary rule that would require financial advisers to put their retirement account clients’ interests first. The provisions are set to begin July 1, 2019, but it’s anyone’s guess if that will happen.

In my latest for the Associated Press, why it’s still a buyer-beware market for financial advice.

Filed Under: Liz's Blog Tagged With: financial advice, financial advisors

Thursday’s need-to-know money news

October 19, 2017 By Liz Weston

Today’s top story: Plug in 3 numbers to plan your financial future. Also in the news: 10 questions to ask a financial advisor, how to stop scammers from stealing your down payment, and shopping around for car loans.

Plug in 3 Numbers to Plan Your Financial Future
A retirement calculator can help.

10 Questions to Ask a Financial Advisor
Finding the best match.

Stop Scammers From Stealing Your Down Payment

Don’t Forget, You Can Shop Around for Car Loans
You don’t have to accept the first offer.

Filed Under: Liz's Blog Tagged With: car loans, Down Payment, financial advisors, financial future, scams, tips

Monday’s need-to-know money news

August 28, 2017 By Liz Weston

Today’s top story: Millennial enthusiasm for stocks is at a record high. Also in the news: How to choose a financial advisor, why flood insurance comes with a waiting period, and how to survive college without surprise debt.

Millennial Enthusiasm for Stocks at Record High, Index Shows
Millennials play the market.

How to Choose a Financial Advisor
Making the wise choice.

Flood Insurance Comes With a Waiting Period
Don’t wait until the last minute.

How to graduate college without surprise debt
A most unpleasant surprise.

Filed Under: Liz's Blog Tagged With: college tuition, financial advisors, flood insurance, millennials, Stocks, student loan debt

Wednesday’s need-to-know money news

May 3, 2017 By Liz Weston

Today’s top story: Four times when you might need a financial planner. Also in the news: Understanding the Glass-Steagall Act, how to manage money in your 20s, and how the Affordable Care Act drove down personal bankruptcy.

4 Times When You Might Need a Financial Planner
Times when you shouldn’t go it alone.

The Glass-Steagall Act: What It Is and Why It Matters
Understanding the banking regulation.

How to Manage Money in Your 20s
Welcome to adulthood.

How the Affordable Care Act Drove Down Personal Bankruptcy

Filed Under: Liz's Blog Tagged With: affordable care act, Bankruptcy, financial advisors, Glass-Steagall, health insurance, money management

Monday’s need-to-know money news

February 27, 2017 By Liz Weston

Today’s top story: 5 essential investing moves for Millennials. Also in the news: Why your tax refund is ideal for paying credit card debt, how to make sure retirement isn’t a drag, and why you need to do your homework before meeting with a financial advisor.

5 Essential Investing Moves for Millennials
Planning for the future.

Why Your Tax Refund Is Ideal for Paying Credit Card Debt
Use it wisely.

Retirement Can Be a Drag. Here’s How to Fix That
Making the most of it.

Before You Meet With A Personal Financial Advisor, Do Your Homework
Know who you’re dealing with.

Filed Under: Liz's Blog Tagged With: credit card debt, financial advisors, Investing, millennials, Retirement, tax refund, tips

Tuesday’s need-to-know money news

February 7, 2017 By Liz Weston

Today’s top story: A financial advisor’s tips for starting an emergency fund. Also in the news: How small homes can offer big returns, why partner’s wealth is very important to only 5% of OKCupid users, and how to raise financially savvy kids.

Emergency Funds: A Financial Advisor’s Tips for Getting Started
Start your fund today.

Small Homes Can Offer Big Returns
Bigger homes aren’t always better.

Partner’s Wealth ‘Very Important’ to Only 5% of OkCupid Users, Survey Finds
Why money doesn’t seem to matter.

How to raise financially savvy kids
Getting them off on the right foot.

Filed Under: Liz's Blog Tagged With: couples and money, emergency fund, financial advisors, Investing, kids and money, OKCupid, real estate

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