Stocks could spend another day in a holding pattern Tuesday with little corporate or economic news to swing sentiment either way.
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Memorial Day is one of those holidays that mean different things to different people. To some it is the time to remember those that have given their lives to serve our country. To others, itís a time to remember those we love who have passed on. To most of us, though, Memorial Day weekend is a long weekend and one that indicates the beginning of summer. Whatever reason you celebrate this holiday, itís a good time of year to think of your financial health and future plans.
As you water-ski, you might not be thinking about your 401K or the bank CD in which you have invested. But half way through the calendar year is a good time to make an appointment with someone that can give you a ďcheck-upĒ on your money and how it is working for you.
Here is a short checklist of things to take with you as you discuss your financial future:
What does that last one mean? Have you ever tried to reach a destination without directions? Itís not easy. Similarly, your financial goals need a compass and the compass is you. Itís important to think about and discuss your future. Most people spend more time planning their vacation than they do their retirement. So, if you want to retire in 10 years or in 30, your advisor will need to know that so they can design a plan that works for you.
Memorial Day weekend is certainly a fun weekend, but can also be a profitable one if you use it as a milestone towards your financial future!blog comments powered by Disqus