I’m often asked, “Where should I invest my cash if I plan to make a large purchase in two years?” My answer is always, “ Make a long term plan to help avoid market crashes. Put it in your savings account so you know it will be there when you need it.” Sure, you could […]Read more
We recently helped a client who was at an exciting, pivotal point in his life. After years of hard work, he was able to sell the company that he built and went from having a small amount of savings to having a life-changing amount of wealth. With the intention of investing this wealth in a […]Read more
By taking a few hours to write a letter of instruction, you can save your family a lot of headache in the event that something unexpected happens to you, or if they had to settle your estate. To improve your understanding of what a letter of instruction is, consider the following story: Mary is considered […]Read more
Wouldn’t it be amazing if trades were free? A newer investing platform that comes with its own snazzy app aims to do just that. It’s called Robinhood, and it has become increasingly popular during the pandemic, but are trades on this platform really free? Not really, and here’s why. Commonplace Investing Fees There is really […]Read more
Shore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.