Tag Archives: AIF

What's The Difference? Mutual Funds And Exchange Traded Funds Explained

By Michael Chamberlain, CFP, AIF, Contributor

Mutual Funds have been a popular way to invest for several decades while Exchange Traded Funds, or ETFs as they are they’re commonly known, are relatively new but are quickly gaining popularity for their low-cost and their better tax treatment. There are some differences of which you should be aware. …read more

Source: FULL ARTICLE at Forbes Latest

Long-Term Care Insurance Becomes Tougher To Purchase For Women

By Michael Chamberlain, CFP, AIF, Contributor

It’s true that men have always paid more for life insurance then women based simply on the fact that women statistically live longer. A similar pricing structure is about to come to the long-term care insurance industry, only in favor of men this time around, and for the exact same reason.  On average, women outlive men by five to seven years. The older we become the greater the chance that we will one day be in need of Long Term Care (LTC). Statistics show that currently about 70% of the residents who live in a nursing home are women. Women represent almost 80% of all individuals living in assisted living facilities and two-thirds of those receive home care. According to one LTC insurance executive, $2 out of every $3 paid in long-term care claims are for women. …read more
Source: FULL ARTICLE at Forbes Latest

Have What It Takes To Invest On Your Own? Part 2

By Michael Chamberlain, CFP, AIF, Contributor

Figure out how much help you need with your investments can be difficult but here’s some guidance to get you started. Last week we listed the important tasks for successful investing were listed. A check list was provided to help aide you in determining which task you were able to do yourself and identify which areas you might need some help in order to improve your investing outcome. The 5 different investing choices or methodologies were presented and include: …read more
Source: FULL ARTICLE at Forbes Latest

Claiming A Home Office Deduction? It's Much Easier This Year, Here's How

By Michael Chamberlain, CFP, AIF, Contributor

Ever since the inception of the internet, home offices have been growing by leaps and bounds; by one estimate more than three million taxpayers can make that claim. While there are any number of benefits to having a home office, one irksome negative was the burden involved in substantiating the claim and the Internal Revenue Service’s complicated and convoluted process to file that claim. …read more
Source: FULL ARTICLE at Forbes Latest