Submitted by Brookhaven Wealth Management on September 18th, 2018
Submitted by Brookhaven Wealth Management on August 24th, 2018
In a recent survey by JumpStart Coalition for Financial Literacy, only 26 percent of those between the ages of 13-21 said that they had been taught how to manage money. Yet, when they turn 18, kids are signing contracts for student loans, opening credit card accounts, and in many instances, living away from home with little financial guidance available.
Submitted by Brookhaven Wealth Management on April 9th, 2018
Of all the things you’ll purchase in your lifetime, it’s likely that your home will be the largest, most expensive purchase you will ever make. While homes vary widely in price throughout the U.S., the median price of a home today is close to $300,000.
Submitted by Brookhaven Wealth Management on February 8th, 2018
Did you feel it? You know, that proverbial tap on the shoulder the past 2 months. Yes, of course, I’m speaking of the spike in volatility of the stock market recently, compared to the extremely and abnormally calm, easy gains the market delivered last year to investors.
Submitted by Brookhaven Wealth Management on January 9th, 2018
Pat and Kelly, new parents, made a couple monthly budget adjustments upon the arrival of their first child. First, due to the added cost of day care and dependent health insurance, they decreased the amount they were saving for a house. And second, they agreed to review their life insurance needs.
Submitted by Brookhaven Wealth Management on December 4th, 2017
A tight housing market is leading many young adults to postpone purchasing a home, choosing instead to go the rental route. Many simply don’t want to be encumbered with a mortgage and all of the responsibilities that go with home ownership.
Submitted by Brookhaven Wealth Management on July 3rd, 2017
You’re 25 and feeling alive. You’re settling into life after university, paying off your debts and slowly figuring how to “adult”. But with the responsibility of bills, rent, and even keeping up social appearances, prioritizing financial planning is something far too often pushed to the side.
Submitted by Brookhaven Wealth Management on June 21st, 2017
If you’re a fan of political dramas on televisions, you’ll know that the turbulent world of politics has an effect on the global financial markets. But what about in real life? How much does art - if you can call shows like Scandal, Veep, and House of Cards art - imitate life, and vice versa?
Submitted by Brookhaven Wealth Management on May 1st, 2017
The US stock market has been on a relentless tear barely registering just a couple of small double-digit declines in the last 8 years. But where has this left us in terms of valuation on US stocks and why does it matter long term? Well, historically we know valuations do matter in the long-term (7-12 years or more), not necessarily in the short-term (1-3 years). Short term, ma
Submitted by Brookhaven Wealth Management on April 24th, 2017
Many people are familiar with the basic concepts of life insurance and understand that some level of protection is a necessary part of modern financial life. The question of what life insurance can actually accomplish, when considered as part of an overall financial plan, is more involved and worth a closer look.
Vacation season is almost upon us and, for many Americans who haven’t traveled abroad in several years, their vacations have been years in planning. However, even the best laid plans can quickly come unraveled if you don’t take some extra measures to ensure that your finances are protected before you leave on your trip.