It wasn’t long ago that stock futures signaled a dramatic market decline in response to the electoral victory of Donald Trump as POTUS 45. Since then the market’s been pretty much straight up. Go figure? Certified Financial Planner and President of Financial Asset Management Corp. in Chappaqua and NYC, Scott Kahan talks about how to keep your emotions in check when investing as we enter the age of Trump-onomics!
How do you explain the Trump rally?
Founded with the mission to guide and inspire clients to fulfill their lifetime financial goals, the team members of Financial Asset Management Corporation (FAM) celebrate their 30th anniversary of doing exactly that. In 1986, a great dedication to fiscal responsibility, meshed with a strong passion for serving others, resulted in a fundamental service that has led many individuals, families, and small businesses to prosperity.
Given the opportunity, most individuals employed in the workforce today would begin saving while they are gainfully employed. Far too often though, the lure of big TVs, new cars, and family vacations force many to choose between saving and enjoying life. Roughly 58% of Americans 55 and older have less than $100,000 saved for retirement, and only 19% have $250,000 or more. What can you do to catch up now?
Determine the Amount You Need to Retire
CERTIFIED FINANCIAL PLANNER™ Professional Scott Kahan has been featured in the latest edition of WHAT TO DO, YOUR GUIDE TO LIVING WELL IN ARMONK, BEDFORD AND CHAPPAQUA.
In the article, "Scott Kahan: Panic is not investing", Scott answers questions many of us may have had after the latest market volatility and adds some advice for us all as well.
Scott M. Kahan, CERTIFIED FINANCIAL PLANNER™ professional and President of Chappaqua’s Financial Asset Management Corporation, offers suggestions for getting one’s financial planning under control and making the whole college process a little less stressful. Scott explains ways to relive the burden of paying for college as a student or parent of a student in his featured article, "How to Pay For College".
When money for retirement, college funds, a new home, etc., it’s a good idea to seek the expertise of a trusted financial planner. Of course, the focus on the surface is money – defining its value, and mapping out a plan to save, invest, and spend it. In the grand scheme of things, that money is the promise of a bright future. Therefore, take into consideration not only the knowledge and proficiency of a financial planner, but also the personal time and care the financial planner is willing to provide.