Four Questions To Ask A Financial Adviser Before Hiring Them

Four Questions To Ask A Financial Adviser Before Hiring Them

You've made the decision to whip your financial life into shape and work with a wealth advisor to achieve your goals. Now all you need to do is find a trustworthy advisor who has your best interest at heart. Read on for the four questions to ask before hiring a financial advisor.

Read More

How To Deal With A Turbulent Stock Market

How To Deal With A Turbulent Stock Market

Timing the market is not a smart strategy for the average investor. Read on to find out why and also learn about three alternative approaches to investing which will hopefully prevent you from pulling your money out of the market in a panic - which is never a good idea.

Read More

What You Need to Know About FAFSA (The Free Application for Federal Student Aid form)

What You Need to Know About FAFSA (The Free Application for Federal Student Aid form)

If you have a college bound high school senior in the house, here are some useful tips you should know about filling out the FAFSA form. The application for the 2019-2020 school year is now available as of October 1st. You can also use this estimating tool to get a sense of options without filling out the complete form.

Read More

Q&A with David Edwards: How do I know if a stock is overvalued?

Q&A with David Edwards: How do I know if a stock is overvalued?

Question: To find the price-earnings ratio of a stock, I divide the current stock price with the last four quarters of earnings. If the current list price is higher than the number I get when I calculate the P/E ratio, what does that mean? Is the stock overvalued?

Read More

Q&A with David Edwards: Does the Patriot Act require that personal investment accounts need to be disclosed before inheriting brokerage accounts?

Q&A with David Edwards: Does the Patriot Act require that personal investment accounts need to be disclosed before inheriting brokerage accounts?

Question: My mom recently passed away. She left myself and my siblings equal distributions from her brokerage accounts. Her financial advisor wants each of us to provide a detailed accounting of our current, personal investment accounts. He cites the need to comply with the Patriot Act. Does the Patriot Act require this?

Read More

Five Finance Concepts A Savvy Investor Needs To Know

Five Finance Concepts A Savvy Investor Needs To Know

Not every investor is as savvy as they could be. Financial education is not taught in high school. In fact, it’s only taught to college students who proactively seek out to learn about this topic. A lack of knowledge can hurt your portfolio so read on for 5 key finance concepts you must know as a savvy investor.

Read More

Q&A with David Edwards: How Can A Stay-At-Home Mom Generate Investment Income?

Q&A with David Edwards: How Can A Stay-At-Home Mom Generate Investment Income?

Question: I am a stay at home mom. Me and my husband have six children. My husband has a great job. However, I would like to generate some income without having to work outside the home. I have been learning about trading, I want to invest in the stock market. What is the best place to start?

Read More

Answers to your questions about credit freeze and credit monitoring

Answers to your questions about credit freeze and credit monitoring

Our bulletin over the weekend recommending that you freeze your credit reports after the Equifax breach prompted quite a response from media and clients. Daisy Maxey at the Wall Street Journal interviewed us about the ways in which consumers can deal with the fallout from the Equifax data hack.

Read More

Heron Wealth recommends that you freeze your credit reports

Heron Wealth recommends that you freeze your credit reports

The Equifax Credit Bureau announced last week that cyber criminals obtained personal details (name, social security, address, birthdates and credit card information) of approximately 143 million US consumers during the period of mid May through July 2017.  This is neither the first nor last such hack we will see in our modern ultra-connected age.  

Read More

Hey "Millennial," Give Yourself a Break, You Were Dealt a Tricky Hand

Hey "Millennial," Give Yourself a Break, You Were Dealt a Tricky Hand

The media does not generally portray millennials in a positive light. This holds true for perceptions of the savings habits of millennials. Millennials are still seen as the generation living in mom's basement. Whether they are doing so because they are, in fact, diligently saving, or because they are "failure to launch” kids is not usually specified.

Read More