September 22, 2023

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that the Home has handed laws that may increase the definition of who qualifies as an accredited investor eligible to put money into sure non-public investments to incorporate those that go an examination designed by the SEC, and people with sure licenses or instructional backgrounds, together with monetary advisors. And given the opaque nature of many non-public investments, monetary advisors might play an vital position in serving to their shoppers assess whether or not these alternatives make sense for his or her portfolio and broader monetary plan.

Additionally in business information this week:

  • A examine has discovered that through the previous a number of years, traders aren’t simply bypassing mutual funds for ETFs, however are more and more investing in particular person equities, formed by a brand new wave of youthful market contributors
  • Congressional leaders are planning to introduce laws that may repair a wide range of drafting errors in “SECURE Act 2.0”, together with sections concerning RMDs and IRA contribution limits

From there, we now have a number of articles on money stream and wealth:

  • Why being ‘wealthy’ and being ‘rich’ aren’t essentially the identical factor and the way advisors may help shoppers determine the variations
  • How a consumer may need a whole lot, and never simply 4, “cash scripts” that drive their monetary decision-making
  • How exploring a consumer’s social-emotional relationship with cash may help clarify their spending selections and different monetary selections

We even have various articles on retirement:

  • Why many retirees are selecting “semi-retirements”, persevering with to work part-time nicely after conventional retirement age
  • Why the largest problem retirees face may very well be changing the social networks they constructed throughout their careers
  • 3 methods advisors can use to assist reluctant retirees spend extra

We wrap up with 3 closing articles, all in regards to the path to profession success:

  • Why it is very important acknowledge that even essentially the most profitable people usually should make sacrifices each alongside the best way and of their present positions
  • determine and mitigate the “microstresses” that construct up all through the work week
  • How cultivating a way of moxie may help people handle “impostor syndrome”

Benefit from the ‘mild’ studying!

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