Monthly Investment Message: November 2017

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

November 2017

The Benefits of Financial Health

This article is adapted from a previously written blog post for the eXtension Military Families Learning Network: https://militaryfamilies.extension.org/2017/06/27/what-financial-health-means-to-me-ned/

After a successful course of treatment, many doctors tell their patients that their physical health status is NED, which is doctor-speak for No Evidence of Disease. The same NED acronym can also be applied to a person’s financial health: …

Monthly Investment Message: February 2018

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

February 2018

A Hierarchy of Financial Decisions

Health Savings Accounts (HSAs) are an account that people can set up to pay for unreimbursed medical expenses such as deductibles, co-payments, and services not covered by insurance. Eligible individuals can establish and fund these accounts only when they have a qualifying high-deductible health plan (HDHP). HSA money gets deposited tax-free, grows tax-free, and comes out tax-free, if used according to …

Monthly Investment Message: March 2018

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

March 2018

Factors That Promote Financial Success

During the last year, I had the opportunity to hear several well-known personal finance speakers talk about the characteristics and practices of financially successful people. Audiences are usually very interested in this topic because it provides a motivational roadmap and specific tips to follow.

 

At the 2017 Financial Planning Association (FPA) conference, the final general session speaker was financial author and …

Monthly Investment Message: January 2017

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

January 2017

Catch-Up Retirement Planning

A recent article stated that baby boomers and younger generations face a “perfect storm” of retirement planning challenges: a financial squeeze on Social Security, pension plan underfunding, and inadequate savings-and often high expenses-in 401(k)s and similar defined contribution plans. What to do? For many people, the answer is catch-up retirement planning.

 

Even people in their 50s with little or nothing invested have opportunities …

Monthly Investment Message: August 2015

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

Asset Allocation Basics

 

Asset allocation is the process of diversifying an investment portfolio among different categories of securities called asset classes. For example, 50% stock, 30% bonds, 10% real estate investments, and 10% cash equivalent assets (e.g., money market funds and certificates of deposit). The goal of asset allocation is to lower investment risk by reducing portfolio volatility. In other words, investors hope that losses in one asset …

Monthly Investment Message: November 2015

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

 

Smart Charitable Gifting Strategies

 

You’ve worked hard for your money and invested it wisely by following time-tested practices such as diversification and dollar-cost averaging. At some point, you may decide that you want to “share the wealth” with others by making charitable gifts. Large donations to charities often take place during the final months of each year so donors can receive income tax deductions if they are able …

Monthly Investment Message: December 2015

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

30 Year-End Financial Improvement Tips

The final month of the year is a great time to review your personal finances. As the year winds down, take the time to review your financial progress and develop action plans for year-end tax savings and to achieve future financial goals and overall financial security.  Below are 30 suggested strategies to improve your finances:

Set Specific Financial Goals– Determine what you …

Monthly Investment Message: January 2016

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

Investing Lessons from American Pharoah

In October 2015, American Pharoah (AP) became the first horse ever to win the “Grand Slam” of thoroughbred horse racing: the Triple Crown (Kentucky Derby, Preakness, and Belmont Stakes) and Breeder’s Cup Classic. AP’s story is a positive antidote to negative reports about random shooters, terrorism, and politics and a great subject for a future movie. Just like Seabiscuit in 1938-1940, there was …

Monthly Investment Message: February 2016

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

Just Do a Few Key Things Right

Personal finance does not have to be complicated. Rather, most people can manage their finances quite well by doing just a few key things right.  Below are ten suggestions to improve your personal finances:

 

  1. Spend Less Than You Earn– The only way to save and invest is to have money left over after expenses. Shop around for bargains (e.g., online

Monthly Investment Message: March 2016

Barbara O’Neill, Extension Specialist in Financial Resource Management

Rutgers Cooperative Extension

oneill@aesop.rutgers.edu

Tips for Beginning Investors

Every year, some people start to invest for the very first time.  Many investment “newbies” are young adults who have recently landed their first full-time job and enrolled in a tax-deferred 401(k) or 403(b) employer retirement savings plan. Others are older adults who have accumulated (or inherited) a lump sum of money. Below are eight tips for successful investing:

 

  • Develop an “Investor’s Mindset”- When