Articles by Daniel Chen
Questions to ask when interviewing an advisor
Questions You Should Ask Your Financial Advisor1) What Is Your Professional Experience With Regard To The Financial Markets? 2) Have You Ever Had A Complaint Or Litigation? Can you document you have a clean compliance record? {Check Status; www. finra. org/brokercheck or call 800-289-9999} 3) Explain your business model of advising clients.
Effective Estate Planning
A successful Estate Planner knows there are several factors involved when beginning the Estate Planning process. Drawing up outlines, committing your goals to paper, and even drafting a “will” for your attorney to prepare can be a helpful starting point. The most integral part of Estate Planning is based on the ‘4 P’s’ of Planning, which are: People, Property, Plans, and Planners.
Should I open a Roth or Traditional IRA
Roth vs the Traditional IRA According to the guidelines, your eligible for a Traditional IRA and a ROTH IRA. Which one should you choose? If you do not need the tax break today, then choose the ROTH IRA. It has greater flexibility because: 1] It allows you to withdraw your contributions at any time, given certain exceptions, penalty and tax free.
Do you need a portfolio strategist
Sports AnalogyThe analogy of sport teams and investment teams who both want to win are similar in many ways. Imagine that you own a professional football team. As the owner you bring the financial resources and set the organizations goals and objectives. Your aspirations as the owner are to win a national title.
