Translating Stock Market Jargon

The meaning behind some of that Wall Street lingo. Provided by Reeve Conover – Conover Consulting Have you ever been confused by the jargon used on Wall Street? Perhaps it is time to translate some of those esoteric stock market terms into plain English.

Getting (Mentally) Ready to Retire

Even those who have saved millions must prepare for a lifestyle adjustment. Provided by Reeve Conover – Conover Consulting A successful retirement is not merely measured in financial terms. Even those who retire with small fortunes can face boredom or depression and the fear of drawing down their savings too fast. How can new retirees try to calm these worries?

Talking to Your Kids About Your Wealth

How can you convey its importance and its meaning? Provided by Reeve Conover – Conover Consulting Are you an owner of a thriving business or a medical or legal practice? Are you a highly paid executive? If you have children, at some point they may discern how wealthy you are – and in turn, learn how “rich” they are. How …

Will You Be Prepared When the Market Cools Off?

Markets have cycles, and at some point, the major indices will descend. Provided by Reeve Conover – Conover Consulting We have seen a tremendous rally on Wall Street, nearly nine months long, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average repeatedly settling at all-time peaks. Investors are delighted by what they have witnessed. Have they become irrationally …

Having the Money Talk with Your Children

How much financial knowledge do they have? Provided by Reeve Conover – Conover Consulting Some young adults manage to acquire a fair amount of financial literacy. In the classroom or the workplace, they learn a great deal about financial principles. Others lack such knowledge and learn money lessons by paying, to reference William Blake, “the price of experience.”

Why Retirees Need Good Credit Scores

Careers & businesses end, but the need to borrow remains. Provided by Reeve Conover – Conover Consulting We spend much of our adult lives working, borrowing, and buying. A good credit score is our ally along the way. It retains its importance when we retire.

Keep Calm, Stay Invested

Expect more volatility, but avoid letting the headlines alter your plans. Provided by Reeve Conover – Conover Consulting Recent headlines have disturbed what was an unusually calm stock market. The political uproar in Washington may continue for weeks or months, and it could mean significant, ongoing turbulence for Wall Street.

Insurance and Investments

A good financial strategy is not just about “making money;” it is also about protection. Provided by Reeve Conover – Conover Consulting Some people mistake investing for financial planning. Their “financial strategy” is an investing strategy, in which they chase the return and focus on the yield of their portfolio. As they do so, they miss the big picture.

Tax Rules on Rental Property

The basics on capital gains & deductions. Provided by Reeve Conover – Conover Consulting Buying or selling income property has definite tax consequences. A taxpayer should clearly understand them, whether he or she intends to acquire a property or put one on the market.