TITLE

MONEY talks

AUTHOR(S)
Jones, Dan
PUB. DATE
January 2006
SOURCE
PN;Jan2006, Vol. 60 Issue 1, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents suggestions for effective money management. An individual should gather all investment and income statements for analysis. He should look at his total portfolio to calculate his asset allocation. One should add new money to the area of the portfolio that has lagged or is out of balance. Moreover, he can make small changes over time, similar to a dollar-cost-averaging approach. One of the tax-saving strategies is the 529 plans for education savings that accumulate tax-deferred and are federally tax-free if used for qualifying higher-education expenses.
ACCESSION #
19222956

 

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