Being smart with $$ - Recent grads can benefit from advice

I just met with a recent college grad who wants to get off to a good start planning for his financial future. Making smart decisions at a young age can mean the difference of millions of dollars to you. Does your recent college grad need some guidance? I can help.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com

Being smart with $$ -- I Care

I care about YOU.
I want to help you reach your financial goals.
I want your wealth to grow.
I want to help you make smart money decisions.
I don't want you to be taken advantage of by a financial advisor or anyone else.
I don't want you investing in something that makes your advisor rich instead of you.
I may work for free for someone who needs me but who can't afford to pay me.
I care about YOU.
- Larry Pike, CFA - www.clientpriority.com

Being smart with $$ -- $1 becomes $100,000

Save $1 per day between graduation and retirement and it turns into $100,000. Another $1, another $100k. Have you wondered how you will reach your retirement goals? There's a start. (Assumes stock market returns.)
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com

Being smart with $$ -- Fed interest rate changes are different than what you may think

The Fed left rates unchanged today. What does it mean? The Fed changes only overnight lending rates, or loans that mature in one day. The markets dictate rates on all longer maturities. Did someone tell you that the Fed is raising rates so you better lock in a low mortgage rate now? It doesn't work that way. Long-term rates move differently than short-term rates and are hard to predict. In fact, since the fed raised overnight interest rates by a quarter of a percent three months ago, five-year maturity treasury rates AND 30-year mortgage rates are both LOWER by about a quarter of a percent.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com

Being smart with $$ -- Is your financial advisor a fiduciary? I hope so.

Is your financial advisor a fiduciary? This is someone who must make investment recommendations that are in the client's best interest and must consider the client's interests ahead of their own.  You'd be surprised to know that many investment advisors do NOT have a fiduciary responsibility.  If you haven't asked this question, maybe now it's time.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com

Being smart with $$ -- Famous stock picker says just buy index funds

Famous mutual fund manager Jeff Vinik said to buy low-cost Index Funds (unmanaged, mostly static portfolios of investments) instead of high-fee actively-managed mutual funds.  He said it's too hard for active managers to beat the index (CNBC TV 3/10/16).  This is advice from someone who successfully beat out index funds for years at Fidelity.  But now he says the market has changed and it's harder.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com