Q&A
Asked by Tony
Answered by Charles Sizemore
CFA in Dallas, TX
CFA in Dallas, TX
Hi Tony,
While I do not expect the
government to eliminate the mortgage
deduction, it should really be a moot point.
If you can only afford the house in question
w...
Q&A
Asked by Martha
Hi Martha,
Thanks for the question. In order
to utilize 529 funds for higher education
purposes, the IRS does want to make sure that
you are attending school at least...
Q&A
Asked by Tony
Answered by James P. Dowd, CFA
Financial Adviser in San Francisco, CA
Financial Adviser in San Francisco, CA
Trust deeds are not a conservative investment.
They are private securities, they are
illiquid, and the relative value depends upon
the credit worthiness of the borrowe...
Q&A
Asked by Joseph
Answered by Steve Stanganelli
CFP®, CRPC® in Amesbury, MA
CFP®, CRPC® in Amesbury, MA
When investing in a mutual fund, know your
ABCs. A 'load' refers to the commission
structure for a particular mutual fund
investment. Think of it like a weight that
l...
Q&A
Asked by Brady
Answered by Martin Leclerc
Financial Adviser in Bryn Mawr, PA
Financial Adviser in Bryn Mawr, PA
Deposit insurance works through the FDIC which
is a US government corporation created by the
Banking Act of 1933.
Currently, deposit
insurance guarantees the safet...
Q&A
Asked by Joseph
Market capitalization refers to the size and
usually the maturity of the company. The
market is generally divided into Large, Mid
and Small cap sectors. The Large ca...
Q&A
Asked by John
I like rolling old 401(k)'s into one IRA,
because it's easier to manage and keep track
of. There are other reasons you may, may not
want to do this, and it's best to b...
Q&A
Asked by Erin
Hi Erin,
A Managed Account may provide the
manger "tactical" capabilities which allow
them to move the portfolio as the markets
move. Example: in a declining equity...
Q&A
Asked by Michael
The major downside risks for investing in
bonds are credit risk and interest rate risk.
This is true of all bonds, not just tax free
bonds. Credit risk needs to be e...
Q&A
Asked by Katie
Answered by Dimitrios Gikas
Mortgage Professional in Westlake, OH
Mortgage Professional in Westlake, OH
This depends on a couple of factors.
One:
Is the tax bracket you are in, can you deduct
the mortgage interest if you got a
mortgage?
Two: What rate of return ca...
Ask a pro a question
Have your question answered by a professional