Oct 29

Retirement Income and the Traditional Portfolio

The challenge with taking withdrawals from a traditional portfolio is the sequence of returns danger. Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help mitigate this concern. The first is to have a pool of very liquid assets to fund two-to-three years of retirement spending; this may keep you from selling longer-term assets at an inopportune time. Through

Aug 20

How Much to Contribute to a 401K

A common question many Foresight advisors are asked, is How much should I contribute to a 401K People know contributing to a 401K is important, but they are not sure how much they need to contribute. When deciding what your contribution should be, there are a number of factors to consider: 1-Start Contributing As Soon As You Start Working  As soon as you start working, you should be contributing to a retirement fund. If you

Aug 13

Understanding Roth Accounts

Chances are you'd like to retire at some point in your life. To do this, it's best to have different financial investments available to you. While stocks, mutual funds, gold and other investments are available to you, you might also want to consider opening up a Roth account as well. A Roth IRA is a specific retirement account that allows you to grow your money, all tax free. This is because the money you place

Aug 6

Active And Passive Investing With Foresight Wealth

Regardless which investing strategy that you employ, people simply want to make money when they are risking their hard earned cash. The two different types of strategies investors face are the active and the passive money management investments. These are both complete opposite techniques when it comes to investing, and each has its share of supporters promoting the benefits of using that technique to invest. In simple terms, the active investing strategy is where you

Jul 30

Rebalancing Your Portfolio

Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach? It may sound counter intuitive, but it may be possible to have too much of a good thing. Over time, the performance of different investments can shift a portfolio's intent and its risk profile. It's a phenomenon sometimes referred to as risk creep, and it happens when a portfolio has its risk