Financial Advisor, Financial Services, Investing, Stock Market

How Does the Stock Market Work?

How Do Financial Advisors Make MoneyEveryone has questions about the stock market – how should they invest? How much money should they invest? How do they decide on which stocks to buy? All of these questions leave people wishing they had paid more attention in those economics classes in college! But while business courses prepare people for the theory behind investment strategies, they often do not touch on specific strategies at all. So, in order to make the most informed decision about where to invest those hard-earned savings, spend some time learning about how the stock market works so that money can work with the investor, not against them. For additional insight, consult with a financial advisor in New Jersey who can explain the ins and outs of investing for the novice investor. Continue reading

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Financial Advisor, Financial Services, Personal Finance, Retirement

What Baby Boomers Should Know About Retirement

Financial AdvisorWhile baby boomers probably remember their first few days in the workforce, they are steadily working their way towards retirement. And it’s coming quickly! However, many baby boomers are a part of a smaller subset of their generation who do not really know how to prepare for retirement, or how to take advantage of that preparation. This article does not aim to be the definitive resource on retirement, but it does address several mistakes that baby boomers make that limit the amount of resources at their disposal when they enter retirement. So, here are a few tips and tricks according to a top top NJ financial advisor on how to avoid those missteps and better educate this generation on how to retire right.
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Financial Advisor, Financial Services, Investing, Personal Finance, Retirement

8 Ways to Retire Before 65

InsuranceThough practically everyone views the number 65 as the magical age at which they will retire and start living the life they always wanted to, who says that 65 has to be the precise age to retire ? Why not 55 or even 45? While many people may feel that retiring early, even by just a few years, is an unrealistic expectation, this definitely does not have to be the case. Instead, consider making a few small lifestyle adjustments that will have significant, positive financial impacts later in life.  Prior to consulting with a financial advisor in NJ,

consider the following eight steps which will help to save the most money for an early retirement.
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Financial Advisor, Financial Services

10 Financial Benefits of Homeownership

Homeowners InsuranceHomeownership is a major investment, and can be prohibitively costly for many individuals. However, younger buyers are often looking to make concrete financial investments that they can physically see, rather than playing the ephemeral stock market. For such investors, owning a home can be a great way to start accumulating assets, while also being a very practical place to live, for several reasons.  Here are a few of the top financial benefits according to a leading financial advisor in NJ:
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Financial Advisor, Financial Services, Personal Finance

How Do Financial Advisors Make Money?

How Do Financial Advisors Make MoneyYou don’t have to be in the ranks of a billionaire or move in the same circles as Warren Buffet, Bill Gates or Donald Trump to have a financial advisor.  Anyone who wants to ensure that when they are ready to retire they have a substantial nest egg, and enough money put away in the event of a financial hardship should speak to a financial planner.  As prudent as you might have been about saving money through your working years, it is still a savvy move on your part to take the time to consult with a financial advisor to see what magic he or she can work for you and your finances, especially the closer you inch to your “golden years”.  If you live in the New Jersey area and are looking for a top financial advisor you should contact John Savadjian.  John Savadjian is a highly regarded insurance broker and financial advisor in NJ.
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Financial Advisor, Insurance Brokers, Investing, Personal Finance

What Does a Financial Advisor Do?

Financial AdvisorIt’s hard to get your ducks in a row and set financial priorities when you are just getting started on a career, especially if you have huge student loans, which take a big bite out of your paycheck.  Plus there are other expenses that make it difficult to save for the future.  If you’re lucky, your employer sets you up with a 401(k) and continues to make contributions on your behalf – hopefully you are matching those contributions, and, if not, you’re setting a little money for the future, right?  Perhaps you’ve been savvy enough to plan for the future, and, have a nest egg above and beyond that small “rainy day account” for financial emergencies.  Or, maybe you live paycheck to paycheck and need someone to implement an investment plan for your future.  Finally, if you won that big Power Ball jackpot the last go around, it might be time to seek a consult with a financial advisor.  Whether your monetary status is too little or too much, a financial planner can assist you in planning for the future.
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Car Insurance, Insurance, Personal Finance, Types of Insurance

What Are The Types of Car Insurance?

Car Insurance
Nothing compares to your “first set of wheels”, no matter how many years that you are a vehicle owner.  Everyone remembers their first car, whether it was a hand-me-down from Dad, or an old clunker you got dirt cheap that ran.

The biggest downer about owning your first car, or your current car for that matter, is not the amount of money you must pay for maintenance and gas for the vehicle, but the funds you expend to insure it.

But today’s cars are not your Dad’s car from back in the day.  He may have just buffed out a mark where someone keyed the car or nicked the bumper.  Today, just a wayward grocery store cart that slammed into a tail light or a minor or major collision may not only mess up the exterior of the car, but the electrical system may also be in peril too, thus repair costs will skyrocket.  That is why you should be wise about what type of coverage you need for your vehicle.
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