Wiser Blog

Avoid Tax Settlement Scams

Tax relief companies use the radio, television and the internet to advertise help for taxpayers in distress. If you pay them an upfront fee, which can be thousands of dollars, these companies claim they can reduce or even eliminate your tax debts and stop back-tax collection by applying for legitimate IRS hardship programs. The truth is that most taxpayers don’t qualify for the programs these fraudsters hawk, their companies don’t settle the tax debt, and in many cases don’t even send the necessary paperwork to […]
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Teaching Your Kids About Money

Teaching your kids about money By Casey Smith, President, Wiser® Wealth Management My wife and I were standing at our back window one early morning looking at our grass that seemed to have grown overnight. As we were observing, my wife said, “is that Kate’s new doll in the yard? Look, there is Ethan’s baseball glove! They just don’t seem to take care of their stuff.” I said, “It’s like they don’t understand that we work hard to provide them these things!” This was our aha […]
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2014 – Why You Didn’t Have a Double Digit Gain

By Casey Smith- President, Wiser® Wealth Management As you review your annual statement for 2014, you may notice it was a great year for US stocks. The S&P 500 climbed 14%, the Dow was up 13.7%, but when you look at your overall return you see results equal to or lower than the  US market performance. Both results could lead to flawed thinking as it relates to diversification of your portfolio and long-term performance. Diversification has a cost and a benefit A well-diversified portfolio will […]
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Why Dave Ramsey is Wrong

By Casey Smith President, Wiser® Wealth Management There is no denying that Dave Ramsey has done a commendable job of bringing back our grandparents’ financial values into popular culture. Many Americans have been poor stewards of their finances and have been saddled with avoidable debt. Ramsey’s advice has helped thousands get back on the right financial track. Even at my own company, Wiser® Wealth Management, we use the debt snowball of Financial Peace University to help right the finances of our pro-bono planning clients. Ramsey […]
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Helping blended families focus on financial wellbeing

With blended families now increasingly the norm in our society, more and more people are facing the challenge of getting to grips with a new family unit. The Stepfamily Foundation estimates that around 64% of all American families are blended, i.e. involve married or unmarried couples living together with a stepchild and/or offspring from a previous relationship. Bringing together and catering for all the needs associated with this new family dynamic demands time and commitment, but on a practical level it also requires money. A […]
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Dream Planning

In working with financial planning clients, one of the questions we ask is “What are your dreams during retirement?”  About half the people will say they want to travel.  About one in 20 will say something beyond that:  “I want to by an RV and cruise the country”, or “I want to pay for my grandchild’s college education,” for example.  Sometimes, having that dream home or a vacation home is mentioned. All these things take planning, yes.  But a lot of the time, people simply […]
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Pay Yourself First

A recent survey by the American Savings Education Council indicated that Americans of all wage levels are having a hard time saving. Its seems that the old saying “you grow into your income” just might be true. The recent study as reported by CNBC shows that 31% of consumers have $0 non-retirement savings. As adults there are so many things that we are suppose to save for. College, retirement, emergency fund, and other goal oriented funds all while being drawn in by 0% interest inpulse […]
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Your Advisors Interest May Not Align With Yours

When individuals are choosing an investment advisor, it can be a very confusing process. After all, to most people, we all look the same, just different firm names; however, there are many differences. At the core, there are advisors that are legally bound to work in the best interest of their clients. These are fiduciary advisors and usually work at independent firms that hold client assets at custodians like TD Ameritrade, Fidelity and Schwab. The other side is a suitability advisor. These advisors work at […]
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5 Ways Your Brain Can Sabotage Your Investing

The stock market is a great brawl in which minds with opposing views battle over whether prices will go up or down. Unfortunately, investors are often their biggest foe in this arena because our brains have biological mechanisms to screw us up. Here are five reasons the self-sabotaging brain does this.
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2014 – Interview with SeekingAlpha.com

This is the fourth piece in Seeking Alpha's Positioning for 2014 series. This year we have once again asked experts on a range of different asset classes and investing strategies to offer their vision for the coming year and beyond. As always, the focus is on an overall approach to portfolio construction.
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@RobinJPowell @SPDJIndices nice article. You can build your own endowment, pension etc... with ETFs as well!
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