Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.
I am 27 years old, single, have no kids, and my student loans are being repaid due to my military service. My only expenses are rent and a small number of bills. I have spent the last year saving and reading financial literature and I want to start investing now. What is the most simple and effective way to do so? Ideally I would like something I put a set amount into each month and it grows over time.
Read MoreQuestion: There's a lot of buzz about the next recession. Who knows when it will come, but it will. What smart strategies can I employ now in preparation for a downturn in an economy? What to do, what not to do?
Read MoreQuestion: My spouse and I will be inheriting about $750,000 to $800,000. The payoff balance of our mortgage is estimated at about $180,000 at 3.5 percent APR for 30 years. Would it be worthwhile to allocate some of the money we are inheriting to pay off the mortgage loan? We still have 27 years left to pay. Alternatively, should I invest the money and continue paying my mortgage?
Read MoreWe often talk about stock market indicators in terms of green light, yellow light and red light. Are earnings forecasts green, yellow or red? Are bond yield trends green, yellow or red? Are government policies green, yellow or red?
Read MoreQuestion: I have a one year old child. Is it too early to start a portfolio for my child, and would it be better to start off with a stock or a bond?
Read MoreQuestion: I have about $93,000 invested in non-retirement mutual funds. I have been considering trying to time the market by selling these funds when I sense a bear market approaching (incurring a $1,700 capital loss) and then buying the same funds at a cheaper price once the bear market has arrived. I have no debt and an emergency fund. Is this a good strategy, or too risky?
Read MoreQuestion: To find the price-earnings ratio of a stock, I divide the current stock price with the last four quarters of earnings. If the current list price is higher than the number I get when I calculate the P/E ratio, what does that mean? Is the stock overvalued?
Read MoreNot every investor is as savvy as they could be. Financial education is not taught in high school. In fact, it’s only taught to college students who proactively seek out to learn about this topic. A lack of knowledge can hurt your portfolio so read on for 5 key finance concepts you must know as a savvy investor.
Read MoreRead David Edwards' most recent market commentary in which he explains how arbitrary steel tariffs hurt the US economy and why the financial markets are in turmoil as a result.
Read MoreQuestion: I am a stay at home mom. Me and my husband have six children. My husband has a great job. However, I would like to generate some income without having to work outside the home. I have been learning about trading, I want to invest in the stock market. What is the best place to start?
Read MoreThere are many similarities between sailing and investing. A lot has to do with preparation: it is much easier to manage unforeseen events by planning in advance. This will allow you to stay the course instead of reacting to the markets.
Read MoreRead David Edwards’ investment review in which he discusses the underlying causes of the recent volatility in the stock market. He also explains how Heron Wealth handles the volatility on behalf of its clients.
Read MoreAs the Dow Jones and S%P 500 are down from their January high, David Edwards discusses the recent volatility of the stock market and whether its pullback indicates economic stress, or simply a long overdue correction.
Read MoreOur President David Edwards explains how interest rates, tax policy and employment are affecting the stock market’s performance. He also discusses Heron Wealth’s rebalancing strategy for 2018.
Read MoreOur President David Edwards reviews the year 2017. He discusses the new tax regime and how it affects investors. He also discusses the latest developments in bitcoin.
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