Elevate Private Wealth Advisors

12/03/2022

What is Faith-Based Investing?

There are many approaches to investing. Some people like to invest in value stocks or exchange-traded funds (ETFs), others like growth stocks and some prefer bonds. Index Investing and sector investing are also popular approaches.

Still other investors and savers utilize a faith-based philosophy for investing. This approach has broader implications than one would assume at first glance.

Within Christianity, the concept of faith-based investing goes much further than deciding on certain stocks, mutual funds or ETFs. There is an entire movement dedicated to Biblical investing and some famous pundits have come out of that movement like Dave Ramsey, whose principles have reached far beyond people of faith.

Read more:

Within Christianity, the concept of faith-based investing goes much further than deciding on certain stocks, mutual funds or ETFs

09/25/2022

Inflation, Stagflation, and Your Retirement

Turn on any newscast or click on any business or financial story lately and you’ll hear a lot about inflation.

Turn on any newscast or click on any business or financial story lately and you’ll hear a lot about inflation.

09/24/2022

Medicare Initial Enrollment and Avoiding Late Enrollment Penalties

If you’re approaching 65, it’s important to have a strategy for signing up for Medicare, even if you plan on keep working.

Like most healthcare plans, Medicare has specific enrollment windows. If you don’t enroll on time, you may face a coverage gap.



But unlike private insurance plans, there are additional enrollment rules to follow and you may face a penalty if you don’t enroll during your initial enrollment period (IEP).

If you’re approaching 65, it’s important to have a strategy for signing up for Medicare, even if you plan on keep working.

09/23/2022

Everything about the stock market and individual stocks is tracked for the benefit of stock analysts and just the average investor. There are so many measures and indicators that could be applied to any individual stock that it is mindboggling.

One technical indicator that is very useful to investors and market analysts is the 200-day moving average. It can be plotted on a chart and tracks the price movement of the stock over the previous 200 days.

https://bit.ly/3BYdW6P

Everything about the stock market and individual stocks is tracked for the benefit of stock analysts and just the average investor....

09/16/2022

Out of the many possible concerns that may cross your mind as you are approaching retirement, one that you probably aren’t considering your credit score. After all, retirees aren’t exactly known for taking out new loans or credit cards.

Still, there are some good reasons to maintain a solid credit score (or even to try to improve it) as you grow older. Here are a few things to consider:

Out of the many concerns that may cross your mind as you are approaching retirement, and one that you may not be considering, is your credit score. After all, retirees aren't exactly known for taking out new loans or credit cards.

09/14/2022

One trend that could not exist without the Internet is the “meme stock” phenomenon.

While hot stock tips came through magazine and financial news stories in the past, the Internet made the meme stock possible.

Read more:

One trend that could not exist without the Internet is the “meme stock” phenomenon. While hot stock tips came through magazine and financial news stories in the past, the Internet made the meme stock possible.

09/12/2022

Financially speaking, hindsight bias can tempt us to assume more risk than we can truly handle.

One way to avoid falling prey to hindsight bias is by carefully analyzing your investment decisions prior to taking action, including identifying all potential outcomes.

Read more:

An entire field called behavioral finance has been developed to try to explain why people make illogical or irrational investment decisions.

09/11/2022

09/08/2022

A spendthrift trust can help you protect your assets from creditors and predators. It also allows you to control how much of their inheritance your beneficiary can access at one time.

Learn more about this powerful tool here:

A spendthrift trust allows your beneficiaries only incremental access to their inheritance, rather than receiving it all at once (or at the whim of whomever you’ve appointed trustee).

08/27/2022

If you’re approaching retirement, you’re probably aware that there’s a good chance you’ll someday need long-term care. The U.S. Department of Health and Human Services estimates that over 70% of adults that live to 65 will need long-term care of some kind.

Planning for long-term care costs is even more important if you’re married. If one spouse becomes ill and must go into a nursing home, the healthy spouse may have to go back to work to keep the cost of long-term care from eating up all of their retirement savings!

Buying a long-term care insurance policy is one of the most common solutions. These policies aren’t cheap, however, so it’s important to have the right information before deciding.

Read more: https://bit.ly/3HYjFcX

If you’re approaching retirement, you’re probably aware that there’s a good chance you’ll someday need long-term care. Buying a long-term care insurance policy is one of the most common solutions.

08/23/2022

For some people, retirement isn’t all it was cracked up to be. Whether they miss the social, emotional, or financial aspects of having a job, some retirees decide to come out of retirement and re-enter the workforce.

If you’re considering unretiring and returning to work, here are three details to keep in mind as you begin your transition back into the workforce, especially for older retirees: https://bit.ly/3AIZHlX

Whether they miss the social, emotional, or financial aspects of having a job, some retirees decide to come out of retirement and re-enter the workforce.

08/15/2022

According to Investopedia, retirement has four phases: pre-retirement, early retirement, middle retirement, and late retirement.

Today we’ll talk about the pre-retirement years. Generally, these are considered to be the final 10 to 15 working years of your career – your early 50s to mid 60s.

Read more:

Today we’ll talk about the pre-retirement years. Generally, these are considered to be the final 10 to 15 working years of your career – your early 50s to mid 60s.