Showing posts from February, 2019

The Role of Financial Advisors Beyond Investments

On the surface, it's easy to think of a financial advisor as someone who just gives you a list of investment opportunities. When you put it like that, it almost sounds like you're gambling. In this blog post, I Jeffrey Brault, will show you how financial advisors do a lot more than just tell you where to put your money. Gives You A Realistic Goal It's easy to say that you want to be a Millionaire by the time you retire, but what does that even really mean? Will one million dollars even be enough to sustain you given inflation and longer life expectancies due to medical advancements? No one can know for sure, but it's a financial advisor's job to help you prepare for the worst case scenario. Keeps You On Track It's a good idea to keep in touch with your financial advisor, and regularly update the goals that you've set together by taking into account new income, expenses, and plans for the future. In fact, a financial advisor should be involved in ev

Jeffrey Breault lists key dates for NBA 2019

While the trade season is on top of NBA news lately, Jeffrey Breault believes that more surprises should be expected, as there are still months left in the league season. The trade and contract season started last month, with the 10-day contracts commencing first, while the rest of the deals done by January 10 were guaranteed as signed for the rest of the season. Meanwhile, two-way contracts were done by January 15. The NBA trade season has already started, with the deadline set for February 7 at 3:00 p.m. ET. Fans will note that the trade deadline is set earlier than in previous seasons. Previously, the trade deadline is set Thursday after the scheduled All-Star game. The 2019 All-Star is set on February 15-17, which places the new trade deadline at least 10 days early. Noted insiders like Jeffrey Breault believe that the idea this time is sound. Supposedly, the new deadline is set so that newly-traded players will not disrupt schedules and team practice. The regular season end

Guide to Emergency Funds

I'm Jeffrey Breault of Carey, Thomas, Hoover, and Breault. As a financial advisor, I can't stress enough how important it is to have an emergency fund. There are times when you invest that it's inconvenient to pull out your investment. With time deposits, you could forfeit any interest you had coming. With stocks, you might get caught when prices are low. Even if you're trying to sell a piece of property, the timing might just not be right. That's why, no matter how excited you are to make your money work for you, it's always a good idea to have emergency funds that you can draw from on a rainy day. I like to tell my clients to have different tiers of emergency funds. Tier 1 Always have at least two weeks of salary or $1,000 in cash (or in your savings or debit account). This will be quick cash that you can grab on the way to the hospital or evacuation center in case of an unforeseen event. If a pipe bursts at home or you forgot to pay the power bill,