The Wealth Advocate Investment Group LLC

06/27/2025

A clear path to financial success awaits. Gain expert insights and personalized planning by visiting our website today at yourwealthadvocate.com.

03/01/2024

Our Band The Floridelics is playing March 15 at Riverside Loop in Vero Beach from 5:45 to 9:00 PM . Please bring friends come and support live music.

01/25/2024

Girl Scout cookies here:

That's right! You can order your favorite Girl Scout Cookies from me online, all while helping my troop and I do great things in our community and beyond! Check it out.

01/08/2024

My son is looking for a career type position check out his Linkedin profile:

12/31/2023

"Cheers to new beginnings, fresh opportunities, and the joy of writing another chapter in the book of life! 🎉 Wishing you all a Happy New Year filled with love, laughter, and endless possibilities. Let's make 2023 unforgettable! 🌟 "

04/19/2023

Busy Executives and Business Owners
Is your power of attorney not worth the paper it's written on?

Let’s say I didn’t have a POA...
I cross a busy street and get hit by a bus
Is my wife under a lot of stress when she gets to the hospital?
I might be in the hospital for a while,but does life continue for my wife?
She has the normal bills to pay...
But on top of all that, what other kinds of bills are starting to come in?
Just as an example, can my wife get money out of my IRA without a POA?
She could petition a court to be named my guardian
But that takes time and money
That’s why a POA is so important...it avoids the time, money, and hassle...and gives my wife access to all of the accounts and lowers her stress

In a panic situation, what's more important to YOU getting you 10%-20% returns on your money or getting ACCESS to your money?

What I see a lot of in my practice are clients with ineffective Powers of Attorney.
Schedule a complimentary strategy call with me at talktoroy.com to see if your power of attorney needs to be fixed. You can’t go wrong.

04/13/2023

With rising interest rates annuities sales are going crazy this year especially with banking issues.
https://www.cnbc.com/2023/02/02/annuity-sales-record-2022-higher-interest-rates-stock-market-recession-fear.html

Call our office at 610-695-8748 if this concerns you.

Consumers flocked to annuities marketed as being "protection-focused" as stocks and bonds faltered and annuity payouts were relatively attractive.

03/30/2023

Don't Get Played

If you’re lucky, you find out that your online account was hacked through an email telling you that someone has reset your password.

Sometimes, you can do a quick password reset before intruders can change anything. But what happens if you don’t know your account is compromised until it is too late, and they’ve taken you to the cleaners?

In cases of online identity theft, you can often contact the authorities, the bank, and anyone else involved to report it. It’s possible to reverse any charges after an investigation, but sometimes this is not possible.

That’s why I always say the best policy for avoiding online identity theft is to flat-out prevent it.

Using strong passwords, with a different one for every site, can make all the difference. Many people use the same password for everything, and that’s just asking for trouble!

If a hacker can gain one password, they will try it on other accounts of yours. You’re basically handing them your information on a silver platter. Password managers are also a proven security measure and provide multiple layers of security for your accounts. (LastPass and 1Password are two of the best.)

Exploits and holes in online security get discovered every day, and software companies patch them up just as quickly. You should update your software frequently to take advantage of the fixes. Skipping patches is like leaving your front door unlocked for anyone to waltz in and have a field day.

This one sounds like a given, but don’t click on suspicious-looking links in emails or on sites you are not 100% sure are legitimate. Identity thieves go to great lengths to trick others into falling for their traps, but there are often clues you can look for if you’re unsure.

Online security is akin to financial security, the kind of thing we like to take seriously. Keeping your assets safe and secure will ensure that your money stays where it belongs - with you.

Want to talk to a pro about creating a specific action plan to safeguard your financial future based on where you are, and where you want to be?

Book a 15 minute consultation by phone (610-695-8748 )

03/28/2023

Gonna need money for that avocado toast!

I kid, I kid....

Millennials are not to blame for the economic conditions affecting the world right now (and neither are avocados)!

Millennials were born between 1981 and 1996 and have significant financial challenges compared to other generations. If you fall into this group (or know someone who does), let’s look at a few things to watch out for.

A common mistake Millennials make is something called ‘lifestyle inflation’. We live in a world of excess many of us try to keep up with the Joneses for the sake of appearances.

That’s why you need to think critically when considering a purchase. Do you really need a new car? If your 2006 Toyota Corolla is still running and well-maintained, drive it into the ground! Just because your lease is up doesn’t mean you have to trade your car in.

I’d also recommend finding a budget strategy that works for you. A popular approach is the 50/30/20 rule. (TL;DR: spend 50% of your income on needs, 30% on wants, and the last 20% gets allocated to savings.) If you find sticking to a budget challenging, it might be worth reviewing where you can cut costs to make it more reasonable.

Saving for retirement might seem impossible, but it doesn’t need to be.

As a millennial, your greatest asset right now is time. Many people wait until retirement is near to get serious about their money and savings, causing all kinds of stress when they realize they can’t reasonably reach their goals or have enough to retire comfortably.

By reading this, you’re already taking steps toward a better financial future. So go ahead and eat that avocado toast. You really do deserve it – yum!

For all the unique financial planning needs facing millennials, we’re the experts. Reach out at 610-695-8748 or set up a convenient time in my online scheduler for a 15-minute financial review. talktoroy.com