Cyber-security for financial advisers is becoming a more important subject than ever. Cyber-crime is on the rise and Financial Advisers are coming under increasing pressure to defend their data and systems. Increasing regulatory pressure is pushing up the costs and burdens on small financial advisers to ensure their client’s sensitive information is kept out of…
Read more
Understanding Automobile Finance Credit is a very important part of your Wealth Consciousness Journey. Note: Financing a car actually is a wealth deteriorating event. A car is a depreciating assets, and one of the cardinal rules of investing is “Never Leverage a Depreciating Asset”. Ideally all cars and trucks would be purchased with cash. However,…
Read more
“My Mind on My Money and My Money on My Mind” Creating an attitude of abundance and wealth can be assisted by the use of ” wealth consciousness apps “, as we call them – smart phone apps that keep your money on your mind. Here are a few apps you may want to check…
Read more
Videos Source: https://www.pensco.com/videos-and-media Author: DeWitt C. Gibson, IV, CLU I have been a client of Pensco Trust Company myself for several years now. Using a Self Directed IRA to invest in alternative assets has opened my mind and my retirement account to many new ways to diversify and earn returns outside of traditional mutual fund…
Read more
BUSINESS OWNER AND EXECUTIVE COMPENSATION Retirement Planning can be Difficult for Business Owners Business owners and their highly compensated key employees have two unique problems in funding their own retirement. The Federal rules governing tax-favored qualified plans limit the amounts that can be deferred or contributed into these plans by, or on behalf of, highly…
Read more
What Does “Wealth” Mean to You? Most people associate the term wealth with money. While money is certainly a component of wealth, it is more than just money. Wealth is about abundance and prosperity in all its forms. Money is a powerful tool that can be used in the creation of abundance and prosperity, but…
Read more
Life Insurance is an incredibly important, and often misunderstood financial tool. Life Insurance can be very effective in many areas of Financial Planning when used correctly.
