Did you know that you can set up your Prudent Investors Network brokerage account so that transactions and balances can automatically be pulled into Quicken, Tax Cut and MS Money? Don’t waste time manually inputting your transactions and brokerage account balances into your financial software each month. If you already have online access to your brokerage account, you can pull your monthly account information into personal financial software programs like Quicken, Tax Cut or MS Money. Before … [Read more...] about Did You Know? (Quicken, Tax Cut & MS Money compatibility)
The Prudent Perspective
During these turbulent times it is prudent to review the laws fiduciaries are accountable to. The world is going through the greatest economic upheaval since the Great Depression. In light of the laws, how will fiduciaries be affected and how should they respond? The Uniform Prudent Investor Act (UPIA) has been adopted by 44 states. It is the standard to which you are held when serving as a Trustee of most trusts. In many states, guardianships are encouraged to follow the principles of UPIA as … [Read more...] about Maintaining Compliance with the UPIA
Are you among the majority of Americans who enthusiastically set New Year’s Resolutions only to abandon most of them by President’s Day? One of the main problems with typical New Year’s Resolutions is that they don’t connect to a larger vision or “big picture.” This doesn’t only apply to New Year’s Resolutions. Too often people start projects, relationships or even careers without first taking time to reflect on “What is the long-term purpose? What meaning does this have for me?” I’ve found … [Read more...] about Focusing on Things That Matter Most
With major brokerage firms and insurance companies being bailed out by the government, it ’s a good time to ask, “How are my representative and his/her firm doing?” There are two parts to the question: What is the regulatory record of the representative and his/her firm? How have the investment portfolios fared in these volatile markets? To answer the first question we refer you to the Financial Industry Regulatory Authority (FINRA, which used to be NASD) website at FINRA.org. 1. … [Read more...] about How is my Financial Representative or Broker/Dealer Doing?