by SDP Team | May 25, 2016 | FAQ's
Also known as your “Unexpected Expenses Fund,” the emergency fund is an important part of your financial plan. The short answer is “anything is better than zero” and the amount that helps you sleep better at night is the “correct” amount. The rule of thumb is...
by SDP Team | May 25, 2016 | FAQ's
Not really. Debt against an asset that could appreciate, for example, real estate, can be good debt to hold for a variety of reasons. Interest could be tax deductible, and long-term interest rates could be low enough that leveraging the asset for a period of time may...
by SDP Team | May 25, 2016 | investment
We’ve all heard the old saying, “If you don’t know where you’re going, any road will take you there!” So it is with financial planning. If we don’t have the end in mind, then how will we know if we are on the right track? That’s why we begin by asking so many...
by SDP Team | May 25, 2016 | investment
A financial plan is the outcome of blending your needs wants, ideals, values, and dreams into a comprehensive product that outlines what needs to be done, what steps should be taken while considering what assets you have and are accumulating and how to best deploy...
by SDP Team | May 25, 2016 | investment
In the context of investing, “safe” has relative meaning depending on many factors. Primarily, “safe” means what is “safe” to you in your circumstances. Some factors to consider in determining safety/risk are: purpose for which the dollars are invested, your age,...
