You’ve suddenly come into money. While it’s certainly a good problem to have, what should you do with this windfall? Invest it? Buy something amazing? Pay off debt?
It’s particularly important to think through your options and make wise decisions, because, according to the National Endowment for Financial Education, approximately 70% of people who receive an unexpected windfall will have nothing left of it after just a few years.i…
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On October 5, 2018, Relative Value Partners sponsored the Misericordia/Heart of Mercy “Sweets on Wheels” bakery truck to provide delicious breakfast items, baked goods and other treats at our offices for our clients and our employees.
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Click below for a recap of what happened in the market and RVP’s portfolios during Q3 2018.
Selecting a financial advisor can feel like an overwhelming task. After all, it’s not just the advisor you’re considering but the firm itself and everyone it employs. All of the team members, from the tax specialist to the client service manager, will have a hand in your financial health. To make the decision even more challenging, there are so many factors to consider. Do you agree with the firm’s investment philosophy? Does the firm offer services that match your individual needs? And, most importantly, can you trust the advisor to act in your best interest?
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Divorce is almost always a complicated process, even in the most amicable of situations — and it’s even more difficult when it’s contentious.
If the couple has significant net worth, it can quickly become complex. Most people know they need an attorney on their team. But not everyone knows what other professionals they may need such as an accountant and a financial advisor.
… Click below for a recap of what happened in the market and RVP’s portfolios during Q2 2018.
Read our full Q2 2018 Quarterly Investment Update.
On May 31st, 2018, nine members of our team – Greg Neer, Ernie MacVicar, Jeff Fosselman, JP McCleary, Bob Huffman, Catherine Goel, Doug Crimmins, Dave McGranahan and Pat Kacsur – volunteered to pack book bags at Bernie’s Book Bank in Lake Bluff.
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You may have dismissed Roth IRAs years ago if you didn’t meet the income eligibility. But did you know that you can convert traditional IRA funds into a Roth IRA by doing what’s called a “backdoor conversion”? You can convert funds to a Roth no matter what your income level is, and unlike traditional IRAs, your investment earnings are not taxed upon withdrawal.
The downside is that, because traditional IRAs are funded with pre-tax dollars, if you choose to convert to a Roth IRA, you’ll pay taxes on those tax-deferred dollars the year you make the conversion.
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RVP’s Durable Income Strategy is designed for individuals or institutions who are looking for a high current income for a portion of their portfolio. Since 2014, RVP’s Durable Income strategy has helped our clients achieve income, especially in the era of lower rates. Durable Income invests in exchange traded, income oriented securities with the underlying goal of generating above market income while avoiding permanent asset impairment….
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Maury Fertig discusses the interest rate market and the effects rising rates will have on the closed-end fund market…
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