Clear Creek Financial Management

03/15/2023

Regarding the pressure on European banks over the last 24 hours, we thought some key points would be helpful. We will keep you updated as things progress.

https://clearcreekfm.com/rapid-reaction-credit-suisse/

07/13/2022

Here is our 2nd article in our Securities-based Line of Credit blog series.

SBLOCs have some unique risks associated with them. It is important to understand them and know how to manage those risks.

10 Risks of Securities-based Lines of Credit and How to Manage Them July 13, 2022 by Jason Leave a Comment In this blog we will explore 10 risks of using a Securities-based Line of Credit (SBLOC) and how to manage them. Table Of Contents Terms and DefinitionsCollateral Maintenance RequirementCollate...

05/05/2022

Do you know what a Securities-based Line of Credit is and how it can be used as part of your financial plan or real estate purchase?

Find out how entrepreneurs, real estate investors, and individual families can use them, as well as the benefits and risks associated with them in our latest blog post.

What is a Securities-Based Line of Credit? May 5, 2022 by Jason Leave a Comment A Securities-Based Line of Credit (SBLOC) allows an individual to leverage their investment accounts as collateral for a line of credit. In this blog we will explore what exactly an SBLOC is and how it can be used in an....

04/11/2019

We all have our own unique way of handling our finances. While some of us are natural born savers, others may have a hard time making it to the next paycheck. Fortunately, most of us fall somewhere in-between, putting away money at times, while making frivolous purchases at other times.

03/21/2019

If you’re looking to diversify your investment portfolio, you may want to consider purchasing investment property. Depending on how hands-on you want to be, you may want to purchase real estate as a short-term investment; fixing up the property and then selling it immediately for profit. For a lon...

02/26/2019

With the rise in popularity of financial planning robo-advisors, many experts predicted the beginning of the end for financial advisors. But as many investors are starting to see, there are distinct advantages to speaking with a live person when determining just how you should invest your money.

02/04/2019

Created as a result of the Great Depression, The Social Security Act was signed into law by President Roosevelt in 1935; mainly due to the rise in poverty of the nation’s elderly population. The act was designed to provide retired workers ages 65 and older with a continuing income after retirement...

01/28/2019

1. Set financial goals. Be bold, be brazen, be confident. If you want to create wealth, you have to have a plan, and a goal.  Set a year-end goal, a five-year goal, and a retirement goal. Take those goals out periodically and examine them, adjusting them accordingly if necessary. Like anything else...

01/24/2019

Whether you like it or not, a good credit score is essential. Your credit score factors into everything from insurance rates, to whether you get the job you applied for. A good credit score is also needed to buy a house, obtain cell phone service, rent an apartment, and buy a car.

11/05/2018

Remember Beanie Babies?  In the late 1990’s, Beanie Baby mania swept the country, with amateur collectors searching frantically at every card shop and kids store to find the latest beanie. Many turned to online stores and eBay, looking for the Beanie Baby that would make them enough money to reti...

10/29/2018

Even with a thriving economy, many Americans continually struggle to save money.  While it’s certainly tempting to spend that extra cash, socking it away for the future in an IRA or investing in stocks makes much more sense. Try out a few of these tips, and you may find yourself with extra money ...

10/22/2018

Is your garage overflowing with bank statements and paid bills from ten years ago?  Are you unsure about what documents need to be retained and what can be tossed? Speaking of tossing, what documents can be tossed in the trash, and which should be shredded?  Are you wanting to finally get control ...