APPRECIATING SENSE™ BLOG | BY MINK WEALTH
The #1 Investment You Can Make
People often wonder what the number one investment they can make is. We as humans can get so caught up in money and wealth, that we forget the most important part of it all, our family. Investing in our children is more than a monetary investment. It’s also about investing time and energy, making sacrifices, and teaching them important values. But to truly set our child up for success, we must have our own finances in order.read more
How to Calculate Earnings Per Share
When considering which stocks to invest in, we need to analyze each security and look for the most viable investment. For instance, we would do well to calculate earnings per share, commonly shortened as EPS: Not only does it let us know what kind of return on...read more
What is a Yield Curve?
Riding the curve can be hazardous though since curves are always showing signs of changing their shape. On the off chance that the curve gets flatter or turns down, a potential addition can be transformed into a misfortune. Experience and practical insight are indispensables in utilizing the curve when it comes to deciding on investments.read more
RMD Calculator: Estimating Your RMDs In Retirement
So don’t put off what could possibly be one of the most major factors to planning your retirement income. Instead, enlist the aid of a knowledgeable professional along with the use of the RMD calculator to help you make the most informed financial decisions concerning your account for the most successful retirement revenue plan.read more
Reasons to Consider a Revocable Trust
What is a Revocable Trust? A revocable trust is a formal legal document that places named assets into a trust account. The assets remain in the trust account during your lifetime. The assets will be transferred to the beneficiaries you name in the trust upon your...read more
Financial Planning for Senior Care
Taking care of your parents can be emotional and expensive. Watch this video to learn about steps you can take to overcome these challenges. If you’re ready to take the next step towards protecting your loved ones, talk with a Mink Wealth financial professional today.read more
401K vs IRA
If you’re planning your retirement or offering a retirement package to your employees, you might be wondering whether to choose a 401k vs IRA. Here’s what we feel that you need to know about each type of account when choosing a 401k vs IRA.read more
Why Do I Need an IRA?
Many wealth planning advisers will encourage you to include assets with tax benefits. These assets should lower your tax liability, leaving you with more money fully invested in the long run. What it an IRA? An IRA has a built-in tax benefit. This is why IRA accounts can be a great foundation for a healthy retirement nest egg. An IRA can also be a treasure chest for your savings. It teaches you how to save money, so you have something left for retirement. An IRA account is a rainy day retirement fund with tremendous tax advantages.read more
How to Invest in Stocks That Pay Dividends
When you own stock you are a shareholder in the company and, as such, are entitled to a percentage of the earnings generated by the company. The portion of corporate earnings sent to investors is called a dividend.
You Eat Vegetarian, Shouldn’t you Also Invest Cruelty-Free?
With the recent introduction of the Burger King Veggie Whopper, it makes sense to also invest like a Vegan. As a vegetarian, you make the ethical decision to stand behind your values with each bite you take. However, are you putting your money where your mouth is?read more