by Savvysite | Jun 26, 2018 | Financial Planning, Investing, SWWM, The Savvy Minute
“What’s the difference between a Financial Planner and a Financial Advisor?” A Financial Advisor is a professional who helps manage your money. Financial Advisor is a general term that might include stock brokers, insurance agents, money managers, estate planners,...
by Savvysite | Jun 11, 2018 | Financial Planning, The Savvy Minute, Uncategorized
Today’s tip will cover “Buying vs. Leasing a Car?” When it comes to buying vs. leasing a car, it really depends on your lifestyle, cash flow – meaning what income you have coming in and what expenses you need to cover monthly and your own personal preferences. Some...
by Savvysite | May 30, 2018 | Investing, SWWM, The Savvy Minute
Today’s tip will cover “What is a Diversified Portfolio?” A diversified portfolio should be diversified between asset classes such as stocks, bonds, and cash alternatives to name a few. And to take it a step further, a diversified portfolio should be diversified...
by Savvysite | May 3, 2018 | Investing, SWWM, The Savvy Minute
“What is Diversification?” Diversification is an investment principle designed to help manage risk. The key to being diversified is to identify investments that may perform differently under various market conditions. By allocating your money among various types of...
by Savvysite | Apr 24, 2018 | Retirement Planning, The Savvy Minute
“What is a SIMPLE IRA?” This is Catherine Magana with your Savvy Minute. Today I will give you another easy way tip for you to get Savvy about your finances. Today’s tip will cover “What is a SIMPLE IRA?” A SIMPLE IRA, is a Savings Incentive Match Plan for Employees...
by Savvysite | Mar 9, 2018 | Retirement Planning, SWWM, The Savvy Minute
Today’s tip will cover “What is a SEP IRA?” A SEP IRA, is a Simplified Employee Pension Individual Retirement Account used by business owners to provide a simplified method to contribute to their employees’ retirement and their own retirement savings. A SEP does not...
