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The Fiduciary Rule

The US government is doing something positive for retirement investors. The Department of Labor is putting out a new rule for financial advisors who provide investment advice on retirement investments:  they have to act in the best financial interest of the client and they have to disclose any conflicts they may have. This is called…

CTC Podcast Ep 4

CTC Podcast Ep. 4: finances during and after college

A person’s college and post-college years can be financially difficult and frustrating. It’s likely the first time they are responsible for rent, groceries, utility bills, perhaps even car payments and likely student debt — all while trying to finish school or find a full-time job to support themselves. So how do people do it? In our latest podcast, CTC employees AJ…

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Real Estate Scam

In a recent article in Sunday’s real estate section of the Chicago Tribune, columnist Kenneth R. Harney called attention to a scam hitting the real estate world. The new scam involves predators hacking into the real estate agent’s email, then following the email exchange, waiting for just the right moment to hijack the conversation. The hacker, making his…

Calendar Planner

CTC Tips: fund your IRA at the beginning of the year

Waiting until the end of the year to contribute to your IRA limits your potential for growth. A Money.com article reported that 70% of IRA contributions in 2013 were made near the contribution deadline. Waiting until then can cost an investor over $15,000 over 30 years: “assuming an investor contributes the maximum $5,500 annually for 30 years…