• CONNECT WITH A FINANCIAL PLANNER   »   CONTACT US   |   CALL: 949-852-7818   |
  • Get a Free Copy of My Book
    + Monthly Financial Tips


    Yes, sign me up »
    Share This:
     

    Stock Market Advice Los Angeles ABC News with David Rae

    Stock Market Advice Los Angeles

    Stock Market Advice Los Angeles ABC News with David Rae Fiduciary Financial Planner.

    By David Rae Certified Financial Planner™, Accredited Investment Fiduciary™

    ABC News Los Angeles recently had David Rae in to get a Certified Financial Planner™ in to give his take on if the recent run up in the stock market was benefiting the average American.

    A few key takeaways for his conversation with David Ono and Coleen Sullivan of ABC News Stock Market Advice  Los Angeles.

    -Regardless of who you supported for President don’t let politics derail your march towards financial independence.  Between now and retirement there may be several more election results you don’t like.

    -The important thing is to get started.  Whether you are putting 1% of your salary or 20% take the first step, and just get started.  You might be surprised how you don’t even miss the money.

    -If you are already saving for the future, kudos to you. Take the next step and increase your saving rate by 1 or 2%, and speed up your pace of savings.

    -Make sure to take advantage of company matching.  You may be able to put in 3-6% of your salary and you employer will also put in 3-6% essentially doubling your money right off the bat.   This money will also grow tax deferred, which means you won’t owe income taxes now but will owe them when you take them out at retirement (There is a 10% penalty for withdrawals before 59 ½).

    There are risks in investing in the stock market such as the return and principal value of stocks fluctuating with changes in market conditions.  Shares when sold may be worth more or less than their original cost.

    -There is no better time to get started than now.  Make 2017 the year you get your financial house in order and keep it that way.

    Live for today, save for tomorrow. Your Money Matters.

    DAVID RAE, CFP®, AIF® is a Los Angeles-based  financial planner with Trilogy Financial Services, a regular contributor to Advocate Magazine, Huffington Post, Investopedia not to mention numerous TV appearances.  He helps smart people across the USA get on track for their financial goals.  For more information visit his website at www.davidraefp.com

    Stock Market Advice Los Angeles
    Fiduciary Financial Planner LA David Rae with Coleen Sullivan and David Ono live in the ABC 7 Studio Glendale.

    Advisory Services provided by Trilogy Capital Inc, a Registered Investment Adviser. Separate advisory and securities services may be provided by National Planning Corporation (NPC), a SEC Registered Investment Adviser and broker-dealer. Member FINRA and SIPC.  Trilogy Capital, Inc and Trilogy Financial are affiliated by common ownership and are separate and unrelated to NPC.  Please consult with your representative to confirm which company’s behalf services are being provided.  The opinions voiced in this article are for general information only.

    Get a Copy of my book
    and Free Financial Tips

     

    "Stock Market Advice Los Angeles ABC News with David Rae"

    Copyright 2016

     

    © 2017 Financial Planner Los Angeles

    Disclaimers:

    This site has been published for residents of California (Insurance License # OE10562), Arizona,, Ohio , Florida, and Colorado. All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security investment or instrument or to participate in any particular trading strategy. Securities and investment advisory services offered through National Planning Corporation (NPC), NPC of America in FL & NY, Member FINRA/SIPC and a Registered Investment Adviser. Registered Representatives of NPC may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser Representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, will not be made absent compliance with state Broker-Dealer, agent or Investment Adviser Representative registration requirements, or an applicable exemption or exclusion. Trilogy Financial Services, Inc. and National Planning Corporation are separate and unrelated companies. NPC Privacy Policy