Monthly MFS Tip: Life Insurance

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Life Insurance Awareness Month (Logo): Copyright © 2016 Life Happens | www.LifeHappens.org


Guest Blogger: Andrew Horowitz, CFP, Horowitz & Company, Inc.

How much life insurance should you have? Do you even need any at all?

As you grow older, it’s important to revaluate your need for life insurance. When you are single you may not have a great need, but when you are married with children that all changes. Even after the kids are grown, there may be a need to protect the household income if you or your spouse suddenly passes. Continue reading

Putting a price on happiness

As the saying goes, “Money can’t buy you happiness.” However, recent studies show this may not be entirely accurate.

Economists, Betsey Stevenson and Justin Wolfers, recently examined surveys—including the Gallup World Poll—from more than 150 countries. Their research shed new light on the interaction between happiness and income. Their initial conclusion stated that the more money someone has, the happier they tend to be. Continue reading

Monthly MFS Tip: Investing

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Time and time again there is news that will create confusion as to what is the best course of action with new moneys sitting in cash ready to invest as well as portfolio positions. As an investor we are often looking for the top investments and best time to invest. As news flows, questions arise such as: Do I invest now or wait? Should I sell since there is so much bad news? Which will be the best sector in the near-term? Continue reading

Financial Friday: Pt. 2

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As we get older, saving can become even more difficult. There is the plight of living on your own, paying for rent, saving for a house, getting married, whittling down college loans and starting a job at base salary among many others. These issues stand in the way of your financial future and the only way to combat them is to make sure you are doing what you can to keep your finances balanced. Continue reading