Stonegate Financial Group Discusses Securing the Futures of Children

Stonegate Financial Group knows that children are the world’s most precious asset. They are the ones who lead society forward thanks to the love and support of families and communities. When people first decide to have children, there is a great deal to think about. Pediatricians have to be selected to keep children healthy, schools need to be considered for a quality education, and serious financial planning is required to ensure that children are able to exceed without limitations. The primary concern in regards to children and finances is having enough money to support them. A financial advisor can provide useful information and suggestions to help give parents peace of mind.

Another important aspect for financial advisement is education, as recognized by Stonegate Financial Group. Saving money for college is extremely important for young people to engage in higher learning to succeed and become productive members of society. Any kind of financial goals can be carried out through saving sooner rather than later. Again, financial advisors can help develop plans for parents to put away money to be used for a child’s education.

A serious concern most parents have is providing for their children in the event of tragedy. Although most people do not care to think about such matters, being prepared for any possibilities is crucial. Establishing a living will and trust will allow parents to lay out clear details as to how assets are distributed to family. This will also reduce if not eliminate litigation due to the lack of a will and trust.

Ensuring that children are able to thrive, financial planning is important for everybody.

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Stonegate Financial Group Offers Information on When to Rebalance a Portfolio

When and how to rebalance a portfolio is extremely important in making wise financial decisions shares Stonegate Financial Group. With returns in the U.S. stock market above average last year, the original asset allocation target for many portfolios of investors have shifted, which influences risk and potential for returns. Moving money to lagging investments when originally from successful investments might seemed unwise, but this can allow investors to buy low and sell high. Rebalancing portfolios on a regular basis will usually allow investors to have less severe short term losses, which is important when close to retirement or already there.

Stonegate Financial Group recognizes the importance of focusing on capital gains in regards to short term vs. long term and putting in new money to a portfolio for rebalancing as opposed to selling securities will contribute to avoiding additional taxes. Having a Certified Financial Planner guide investors in rebalancing a portfolio is an effective way to make the most of investments.

Any concerns or question should be brought up with a competent financial advisor who can recommend the best course of action to meet and exceed the needs of a specific client. The world of investments is an intricate process of adapting to future changes and making the best decisions to account for growing trends to minimize loss and optimize gains.

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Stonegate Financial Group Recommends Smart Ways to Save on Necessary Expenses

Stonegate Financial Group knows there are certain expenses in life that are unavoidable. In order to be able to afford these necessities, here are some smart tips and tricks about how to save, spend and prepare for each of these essential things.

1. Insurance: If someone depends on your income, pay for life insurance. But if this isn’t the case, this is one expense to consider skipping. Insure against any financial disasters, home and auto is all necessities. Also, health or disability insurance are important ones to consider as well. But skip areas like extended warranties, travel insurance, payment protection plans or smartphone/other electronic insurance.

2. College: Planning to send your kids to a community college, in-state or public university are much more affordable options for middle-class families. The rest are expensive and come with the burden of a lot of extra debt from student loans. Only consider the more expensive private universities if it is something that is truly affordable for the family.

3. Buying a Home: The best way to prepare? Saving up for a larger down payment on a home is a great way to reduce the amount of interest paid over the life of the loan. The same is true for a car as well. Be careful not to overextend yourself on either one, however. Stonegate Financial Group knows a good credit score is important to many, so be honest about what is affordable or a stretch to avoid it being affect by late payments or a possible repossession or foreclosure if you are unable to keep up with your monthly payments.

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