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.
Question: 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 MoreQuestion: My mother passed away a few weeks ago. She left five heirs who want to assure that their inheritance is not going to be subject to market risk before it is distributed. I told her advisor to liquidate most of her portfolio but he said the brokerage firm has frozen the account. What can be done?
Read MoreQuestion: My mom recently passed away. She left myself and my siblings equal distributions from her brokerage accounts. Her financial advisor wants each of us to provide a detailed accounting of our current, personal investment accounts. He cites the need to comply with the Patriot Act. Does the Patriot Act require this?
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 new office is located on East 42nd Street, in the heart of New York City. We’d like to share some fun facts with you about this busy part of Manhattan. This way, when you pop over to see us for a coffee (or, more likely, some solid financial planning and investment advice from our wealth advisors), you can check out the neighborhood too.
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.
Read MoreRead this article by wealth advisor Elizabeth Caputo for tips on how to set achievable, realistic financial goals for the New Year so that you actually have a chance of accomplishing them.
Read MoreHeron Wealth President David Edwards was recently quoted in a CNBC article on credit monitoring services. The article contained this helpful infograph that we wanted to share with you.
Read MoreQuestion: I am 54-years-old and plan on retiring at the age of 56 from a Federal Government position. I currently have approximately 25% of my total assets in aggressive non-IRA mutual funds. Since I have over half of my total assets in higher risk investments and stocks are at an all-time high currently, should I re-balance my accounts?
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