6 Best Kid-Friendly Attractions in Honolulu, HI

Honolulu is often known as “The Gathering Place.” This is an apt name for a destination that offers a plethora of delights that can draw the family together. If you’re looking for something fun to do with your children, partner, and other family members, we have plenty of smart suggestions. Whether you’re staying in one of Hawaii’s outstanding hotels and …

How to Build Wealth in Your 40s

Forty is a milestone birthday for many. It’s a time of reflection and perhaps realizing you need to make some changes in your financial planning. Unfortunately, many don’t capitalize on the rich opportunities when starting to invest in early life. This period is also a time in which your financial goals may be at odds with each other. Perhaps you’re …

Top Down vs Bottom Up Investing

Knowing the difference between top-down and bottom-up investing is a crucial distinction to make, and choosing the right one at the right time is essential for your financial health. On the other hand, the wrong choice can be detrimental to your portfolio. Let’s examine the pros and cons of top-down and bottom-up investing so you can make the right decision …

Private Equity vs. Hedge Funds

Hedge funds and private equity funds often attract investors of the same type. However, the goals of hedge funds and private equity funds and the type of investments the fund managers seek are different. Private equity funds and hedge funds appeal to investors with a higher net worth; many of these funds require a minimum investment of $250,000 or more. …

Ordinary Annuity vs. Annuity Due

Annuities are contracts between a policyholder and the contract holder, often an insurance company. Policyholders give the insurance company a specified amount of money in exchange for future payments. The timing and amount of the payments depend on the terms and the type of annuity. Policyholders fund annuities through a lump sum or multiple payments. Annuities are available in many …

Pension vs. 401(k)

Retirement nest eggs come in many types, each with its advantages and disadvantages. Finding what retirement options work best for your unique circumstances means balancing risks over rewards and maximizing employer contributions. Both pensions and 401(k) investments are qualified, which means they offer protection of investments and tax benefits by meeting Employee Retirement Income Security Act (ERISA) guidelines. Assets in …

Individual Stocks vs. Index Funds

When building an investment portfolio, are stocks or bonds the best fit for you? The answer depends on what you’re looking for and your financial goals. Individual stocks and index funds each have advantages and disadvantages you should compare before investing. What Is Individual Stock Investing? When you buy shares of stock in a company, you’re simply purchasing partial ownership of that …

Qualified vs. Nonqualified Retirement Plans

Whether your retirement plan is qualified or nonqualified depends on whether it meets federal guidelines protecting retirement income and providing transparency to account information. Qualified plans are offered to most employees, while nonqualified plans are customizable and commonly geared toward executives. Qualified Retirement Plans Qualified retirement plans offer protection of employee investments as well as a degree of transparency into …

How Deferred Retirement Option Plans Work

When planning for retirement, it helps to know all your options and weigh them carefully. You’ll also need to decide when you want to retire. Early retirement might be an option for you, depending on your financial situation. You might prefer to stay busy by working until a later age instead, however. It helps to know the benefits and drawbacks …

IUL vs. Roth IRA

A diversified retirement fund protects you against the ups and downs of the market and balances a mix of pre-tax and post-tax funding dollars that will help you today and in the future when you need the retirement income. Many options are available for your consideration, all with unique features as well as pros and cons. Indexed Universal Life combines …