Long Term Care University – Question of the Month – 03/15/16 Research By Aaron Skloff, AIF, CFA, MBA Q: Some insurance companies offer Partnership Qualified long term care insurance policies. Can you explain what that means, what advantages it may provide and if the New York State Partnership for Long Term Care is […]
Money Matters – Skloff Financial Group Question of the Month – February 1, 2016 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2016, can we still contribute to Individual Retirement Accounts for 2015? How long do we have to contribute for 2016? A: The Problem — Foregoing Financial Planning and […]
Click to Enlarge Is the Market Really Like a Casino? 1926-2015 Is the stock market like a Vegas casino? Actually, no. • Notice that the odds of winning any of the most popular games in Vegas never reach 50%; for comparison’s sake, over rolling monthly one-year holding periods the stock market has been up 75.3% of the […]
Click to Enlarge What Has the Greatest Impact on Investment Results? 1985-2014 The #1 threat to your investment portfolio is unbridled emotion. More money is lost due to fear and greed (how we respond) than all of the financial, economic and geopolitical events combined. It’s not the events themselves but our response to the events that can cause […]