Have you ever glanced at your financial statements and felt overwhelmed by the numbers and jargon? You're not alone. Many people receive statements from their investment accounts every month or quarter but don't fully understand what they're looking at.

Here’s what we discuss in today’s show:

• Some of the challenges when it comes to fees.
• What is cost basis and why is it important?
• What’s in the fine print that you should be paying attention to?

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832

520.618.5323

It’s been said that “the sales brochure giveth and the fine print taketh away.” In the financial world, glossy brochures and enticing sales pitches often conceal ugly hidden truths. Let’s talk about some of the things we hear from people when they don’t pay enough attention to the fine print...

Here’s what we discuss in today’s show:

• “I just got a big rate increase on my long-term care insurance!”
• “The fees in this annuity are a lot higher than I was told!”
• “This mutual fund had done really well for the last several years, but it tanked as soon as I got into it!”
• “My life insurance suddenly got really expensive as soon as I turned 65!”
• “I want to get some money out of this REIT but they’re telling me I can’t have it back!”

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832

520.618.5323

In the realm of personal finance, there's no shortage of advice- some of it good, some of it not so much. Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation.

Let’s discuss some areas where Mark’s opinions might not be popular with other people in the financial industry...

Here’s what we discuss in today’s show:

• The appropriate amount of risk for a retiree or pre-retiree
• The appropriate use of life insurance
• How to handle debt
• Whether or not to pay off the house
• The appropriate use of annuities
• The appropriate use of mutual funds
• How much money to have in cash

Want to get in touch with Mark?

Web:

https://silverman-associates.com/home

Email:

mark@silverman-associates.com

Phone:

520.512.8832

520.618.5323