Financial Matters

Tips and news from the financial experts at Attentive Investment Managers.
Apr
08

Financial Literacy #2: Insurance Planning is Financial Planning

Insurance block pyramid

Insurance is a critical element of your financial plan and the foundation of your pyramid. Different kinds of insurance (including home, health, and car insurance) protect you and your family against the cost of accidents, illness or medical needs, and other unexpected loss.

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Mar
10

The Cost of Children

happy-family

Starting a family is not a life event that should be taken lightly, especially financially. The price tag for a baby born in 2015 is about $233,000+ from birth to age 17. That is NOT including college! So the questions becomes, how can you manage those costs and still prepare for your own future. Here are a few ideas to help manage your money as you raise your family.

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347 Hits
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Sep
05

Relationships and Money, Part II: Married Couples

couple-looking-finances

Marriage is not just roses, chocolates and diamonds. Marriage is a business relationship that needs thorough discussion and often times compromises. When couples plan for possible scenarios in the future, everyone involved is protected and feels secure. There are several ways that couples can ensure healthy financial decisions pre and post nuptial.

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Jun
20

Understanding Medicare

medicare-sign

Retirement is just over the horizon and while most people have making ends meet during that period on their minds there is another extremely important part of aging that should be explored. Medicare! There is a 7-month initial enrollment period that begins 3 months before you turn 65, the month you turn 65 and 3 months after you turn 65. If you do not sign up during that window of time you will be penalized for late enrollment, which comes in the form of higher premiums (typically a 10% increase premiums).

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609 Hits
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Nov
12

How to Disaster-Proof Your Finances

disaster-proof-finances

The fires burning in California and the recent hurricanes on the East Coast have begged the question: how can one disaster-proof their financial house? Often times when a disaster strikes, the last thing on our mind is to snag those important papers—our primary concern is always our life and the lives of our loved ones. But when the dust settles and the rebuild begins, those important papers are going to form the foundation of how quickly you can get your life back on track.

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Aug
27

Estate Planning

estate-planning

What happens to all of the wealth you have accumulated after you pass away? That is Estate Planning—making a plan ahead of time to decide who will benefit from all you accumulated during your life. This concept has recently been highlighted by the passing of a music icon. Ms. Aretha Franklin passed away without having a will or a trust in place, meaning her estate and its beneficiaries will be decided through the public probate process. This can be lengthy and costly to an estate.

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2723 Hits
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Apr
28

Your Financial Pyramid

Your Financial Pyramid
When you develop your Financial Pyramid there are numerous factors that you need to be mindful of. One of the most important is the concepts of managing your risk versus reward and diversification. With this in mind it is of critical importance that you start off with a good financial base which mitigates your risks.Insurance needs, including medical, home & car insurance (just to name a few) are imperative for protecting your assets from unforeseen loss. As an example of how this can affect your Financial Pyramid and your overall budget, we once had a client whom had drastically cut their annual budget expenditures. After further inspection, we discovered they had cancelled their medical insurance – thinking that they were young and healthy; they didn't need to be concerned with that "unneeded" expense. At that point, we advised them to immediately reinstate their insurance. They had saved up a large nest egg which they intended to invest in the stock mark...
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With the easing restrictions of the California Shelter in Place order, we have resumed our normal business hours in the office. As before, we are taking steps to ensure the safety of our staff and clients:

  • Surfaces will be sanitized regularly
  • We have several bottles of hand sanitizer as well as anti-bacterial soap and a sink in the office along with disposable masks should you like one.
  • When possible, we will continue to maintain social distancing and when not possible all the staff has masks.
  • Masks are not required for you to enter our office.
  • We are more than happy to meet with you in office but still maintain the capability for web meetings or telecoms. And as always can be flexible if you require special meeting time accommodations.

Our office hours are:
M-Th 8 a.m. – 4 p.m.
Friday 8 a.m. – 1 p.m.

As always we are available by phone at 209-636-4931 or on email at or