In recent weeks, we have spoken to many pilots regarding the new American Airlines contract. With that in mind, we thought we would proactively reach out to you and share the advice we gave these clients about how to best use increased compensation and upfront cash payments. Increase your 401(k) contribution. If you are not…
Below is communication sent to our clients on 9/5/2018. We received great feedback so we wanted share thought-provoking communication with you. Dear Clients, For years, we have talked about the unique aspects of each client’s portfolio. The key differences are generally Risk Tolerance, Tax Status, and the style of Asset Allocation. The first two…
Dear American Airlines Pilots and FAs, If you are over 50 years old, you will want to pay attention to this. It has come to our attention that the there was a small hiccup in the transition between JP Morgan and Fidelity as it relates to your 401k plan. It only affects those participants…
Dear AAL Employee, It seems there may be some good news regarding the previously distributed Equity Stake in AAL stock. As you are probably aware, the equity stake had originally been treated as a TAXABLE distribution. Although, much discussion occurred at the time about the potential for it to be rolled directly into a…
September 8, 2010 Sam from Scarsdale, NY writes: I own a lot of shares in my employer’s stock. I have friends who have lost a lot of money in bad situations and I have some concerns. Is there anything I should do? Friedenthal Financial: First, separate the vested stock from the shares…
August 11, 2010 Bernard from Birmingham, AL writes: I can’t seem to save well enough for retirement. Any suggestions? Friedenthal Financial: Bernard, The typical advice given to answer your question is to examine your expenses and prioritize those that are most important. In other words, find a way to cut your…
July 20, 2010 Harold from E. Hampton, NY writes: Is “buy and hold” the best strategy? I have heard conflicting perspectives. What do you think? Friedenthal Financial: Good question! There has been a lot of research suggesting that active management rarely beats the broader indexes (buy-and-hold) when all expenses are incorporated. …
June 21st, 2010 Victor from Voorhees, NJ writes: I have a brokerage account as well as an IRA. How do I know which investments to put in which account? Does it make a difference? Friedenthal Financial: Victor, You raise an excellent point! The short answer is that for most investors it absolutely…
June 3, 2010 Paul from Piscataway, NJ writes: Like many of my friends, I sold my stocks after the market cratered because I could not stand to lose anymore. The market rebounded so quickly, I feel like it got away from me. Most of my investment dollars are still sitting in cash earning next…