The power of "brands" can truly influence our buying decisions. What was once a powerhouse firm, may now be a shadow of itself; or perhaps even out of business.
In today's world of change, businesses can't simply stick with the status quo and expect to thrive. The same holds true with building a proper investment portfolio.
The video to your right is a fascinating illustration of how the global brand leaders have changed over the past 18 years. Take a couple minutes to watch it. You'll be amazed.
The cost of earning a college degree has become a very expensive proposition. And for many, a bachelor's degree is not enough.
But all this schooling comes at a cost and maybe some regrets. While many parents are often willing to help their children pay for college, at some point, the well runs dry, forcing students to take out loans to pay for their degree(s).
Once Mom & Dad stop helping with costs, the financial pressure can mount as loan payments and real-world costs loom. While some believe that college is the only choice for high school graduates, it's not. Now is the time to start "adulting". It's time to be honest with yourself and make decisions about what is best for you and your future.
We often hear people say, "I wish I has started sooner,' when referring to planning for retirement.
While it's virtually impossible to go back in time, you can take what you've learned and pass it along to your kids and/or make changes now to help yourself.
Roth IRAs have become one of the most underutilized tools, especially for young people, when planning for retirement. Could this be a strategy worth exploration for you?
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Benjamin Knight, Kathleen Carpenter, CFP® and Diane Knight, CFP® are Registered Representatives with and Securities offered through LPL Financial, Member FINRA/SIPC.
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