|
Fight Back Against Over the years, Ken and I have managed to get ourselves into some pretty hot water. Whether it be car salesmen, the insurance industry, brokers—you name it—we seem to ruffle feathers with our “tell it like it is” approach to airing dirty laundry, exposing inside secrets and helping you fight back! |
|
We estimate that bank fees will cost people like you and me in excess of $50 billion this year! With numbers like that, you won’t be surprised to learn that fees now account for 50% of banks’ income (up from 35%), according to R. K. Hammer Investment Bankers, a financial services consultant. We’re talking fees for cash transfers, bounced checks, balances below a certain level, ATM transactions, dormant accounts, money orders, stopped checks, lost safe-deposit keys… and many more. What’s really amazing is that many people don’t even know this so-called “fee creep” is going on. We’re here to show you how to stop bank fees from taking a bite out of your balance. Click here to learn six surefire signs of fee creep and how you can stop them in their tracks! |
 Family and MoneyBest Way to Save for College One of the greatest gifts that parents and grandparents can give a child is a college education. But with the price of college these days, that’s not easy! The average cost at a four-year private school was over $22,000 last year. Numbers like that are enough to make you choke. But I (Ken here) don’t want you to worry. There’s a wonderful savings plan out there that you must—I repeat, must—take advantage of! And I’m going to tell you how. So let’s talk for the next few minutes about how to best put a 529 Plan to work for you. Click here to watch this special video and let me explain to you what makes a 529 a must-have for college savings, fill you in on a new development that could work in your favor, and give you the lowdown on exactly which features to look for when choosing a plan.
We all hate taxes, right? No argument there. But to us, mutual fund taxes are the absolute worst! They are more complicated than those of just about any other investment around, so figuring them out can be one of the most tedious things you’ve ever done. We can almost see your head nodding if you own mutual funds. Unfortunately, they’re more than just a royal pain. If you get something wrong, it could be the most costly investment mistake you make. So no fair skipping this article if you have mutual funds—or are even just thinking of investing them! We’ve boiled it down to the basics for you and have 5 great tips to lower your mutual fund taxes now. And you especially want to avoid the dreaded double dividend tax trap. Ouch! Click here to read the full article.
We don’t want to start any arguments here, but some studies have in fact shown that women are better investors than men. Uh, oh... look out. Usually the reasons cited have to do with women’s innate focus on more than numbers. When questioned in surveys, women have indicated they make their investment decisions based on such factors as the quality of the products and the company ethics. Women also may be more cautious than men, particularly because women statistically live longer and spend fewer years in the workforce, so many do tend to feel they can’t afford to risk their retirement money. So let’s have a little fun. Tell us, who do you think are better investors, women or men? Simply click on your answer above, and you’ll see how other members of the Dolan family voted. We can’t wait to find out what you think! |
Until next time… Take it from someone who just celebrated 36 years of marriage—don’t debate the above question with your spouse! The answer, of course, is there are successful male investors and successful female investors. What’s important is not your gender but that you invest wisely. And that’s where we come in! Look for investing tips and advice that will help you reach your financial goals in coming issues of Smart Money Moves. In case you missed it, click here to read our 7 Rules to Smarter Investing, which will keep your investments on track even in the midst of today’s volatile market. You’ll find out how to build a successful portfolio, evaluate potential stocks and learn our #1 rule of investing!Until next week,
P.S. If you are one of the millions of Americans up to their eyeballs in debt, you should know you don’t have to live this way any longer! Keep an eye out for next week’s issue of Smart Money Moves, which will help you take the first steps necessary to reducing outstanding dues and keeping them under control. You can get out of debt—and we’ll be here to guide you along the way! |
|
About The Dolans