by munnmorris | Mar 8, 2022 | Financial Planning, Uncategorized
Don’t have a calculator, but need a quick answer to a financial question? Here are three shortcuts: -How long will it take to double your money? Divide 72 by your annual investment return. If you are earning 8% annually on your investments, it takes nine years for...
by munnmorris | Dec 15, 2021 | Uncategorized
Don’t rely on rules of thumb when deciding how much life insurance you need. Go through a detailed analysis of your needs. Evaluate who should own the insurance policy, which determines whether the proceeds will be subject to estate taxes. Select beneficiaries with...
by munnmorris | Dec 10, 2021 | Uncategorized
Some people worry that when saving for retirement, they must give up everything they enjoy. While there needs to be a balance between spending and saving, it doesn’t mean you can’t enjoy life. Look at Your Current Situation and Set Goals You should start by reviewing...
by munnmorris | Dec 6, 2021 | Uncategorized
You should thoroughly analyze a stock before purchase. But pick up a company’s annual report and you can quickly become overwhelmed by all the numbers. At a minimum, look for answers to these questions: What are the company’s earnings? Earnings per share (EPS) is the...
by munnmorris | Nov 29, 2021 | Retirement, Uncategorized
It’s tempting to pay little attention to an individual retirement account (IRA). After all, with a maximum contribution of $6,000 in 2021 and 2022 ($7,000 if you are over age 50), how much can an IRA contribute to the vast sums you’ll need for retirement? The answer...
by munnmorris | Nov 3, 2021 | Uncategorized
The major domestic equity indices climbed steadily through October, a confident step forward from September’s stumble even as supply issues created intermittent voids on supermarket shelves and broad patches of uncovered tarmac at car dealerships. Strong corporate...