May 4th, 2008
Raleigh, NC – Sarah M. Place, President & CEO of Place Trade Financial, Inc., [Member FINRA, SIPC], (www.placetrade.com), a full service, discount broker and online trading firm, announced that Rachel A. Wing has joined the firm as head of Business Development. In this position, Ms. Wing will work closely with Financial Advisors and senior management to enhance brand development and increase market share.
Ms. Wing joins Place Trade after gaining valuable experience with VMW Logistic, Inc. and XM Satellite Radio Read the rest of this entry »
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May 3rd, 2008
Although Roth 401(k) plans became effective on January 1, 2006, they are just now starting to gain momentum. Originally, Roth 401(k)s were scheduled to expire after 2010, so companies were not willing to start a plan that would expire after a few years. However, the Pension Protection Act of 2006 made Roth 401(k)s permanent.
The Roth 401(k) is patterned after the Roth individual retirement account (IRA) - contributions are made from after-tax earnings that grow tax free, Read the rest of this story
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April 22nd, 2008
In 2008 to 2010, the capital gains tax rate for individuals in the 10% or 15% tax bracket is 0% (down from 5% previously). After 2010, the rates will revert to pre-2001 rates, unless further legislation is passed. Who will benefit from this reduction? Read the rest of this story;
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April 6th, 2008
Today I would like to take a minute to do something out of the ordinary. I would like to ask you – wherever you live - to slow down and take a look around while you are driving. This past week has been particularly difficult as the two young sons of one of my neighbors were hit and killed as they tried to cross a busy intersection in town. Regardless of who was right and who was wrong; two precious children are gone and the world will never be the same for all involved. Read the rest of this entry »
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April 1st, 2008
If you’re trying to increase savings, remember that savings are directly tied to spending - the less you spend, the more you have to save. Some tips to help you get your spending under control include:
- Analyze your spending for a month. Are you surprised by how much you spend on dining out, groceries, entertainment, or clothing? Give serious thought to your purchasing patterns, looking for ways to reduce spending. Clean Read the rest of this entry »
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March 17th, 2008
During your working years, your emphasis was to accumulate as much as possible for retirement. But as you near retirement age, you need to start thinking about how to withdraw those funds to maximize your income. To help accomplish that, avoid these mistakes: Read the rest of this entry »
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March 6th, 2008
I am so excited! Tonight we had a fantastic Big Bad Ball Meeting. (For those of you who do not know – the Big Bad Ball is a benefit that we hold each year for the Hospice of Wake County – and it is very near and dear to my heart.) I could not be happier to see all of the new faces as well as old friends that are involved. I don’t want to take away the surprise but we are really going to be glamming it up this year with our Raleighwood theme. It will be a night to remember!
I will keep you posted on the planning. I am currently serving as Co-Chair, along with my darling friend Allison who owns Sandfoot Photography Read the rest of this entry »
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February 17th, 2008
When a stock’s price declines substantially, you might wonder what you should do. If you own the stock, should you sell before the stock declines more or purchase more shares at the lower price? If you are interested in the stock, should you purchase now or stay away from it? Before you decide, you need to assess the cause of the price decline. Typically, the stock’s price is reacting to one of three things: Read the rest of this entry »
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February 13th, 2008
If you find it difficult to decide when to invest, consider a dollar cost averaging strategy. Dollar cost averaging involves investing a set amount of money in the same investment on a periodic basis. For instance, instead of investing $48,000 in one stock immediately, you might decide to invest $4,000 in that stock at the beginning of each of the next 12 months. Thus, you don’t need to think about when to invest. Read the rest of this entry »
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February 1st, 2008
In case you missed it last night – the Apprentice had to have had the best show ever! It was great! Poor Vinny was sent off to be a Rat, rolled over and was ratted out. He became a man without a country and rather than be sent to sleep with the fishes or have a heart attack he decided to exit stage left. He was great, the show was great and I loved the Italian music they played quietly in the background for added ambiance. The only way it would have been better would have been if the ladies gave him a little spec of credit for helping them win – because on camera it sure looked like he helped them to me – but they were rightfully disgruntled so I understand. Sorry Vinny – I loved you on the show and I loved what you were able to do for your charity and the respect that you showed to your beautiful ex-wife even more. Ciao.
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January 18th, 2008
With the real estate market slowing, more taxpayers may find themselves in a situation where the sale of their home results in a tax loss or their net sale’s price is less than the amount of their outstanding mortgage. Read the rest of this entry »
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January 13th, 2008
Ok, ok, you know that I am practically a born and raised Patriots fan so please do not yell at me for mentioning this. I just have to say that I love the pep talks that Peyton Manning is giving in his commercials and on the priceless website. They are hilarious! Very funny and straight forward - he doesn’t sugar coat anything. You can customize them and send them to your friends. The birthday card is great as well. J Check them out and let me know what you think.
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January 9th, 2008
Sarah M. Place, President & CEO of Place Trade Financial, Inc. (Member FINRA, SIPC), www.placetrade.com, a full service discount brokerage firm based in Raleigh, NC, announced that she has been named to the NC Council on Economic Education Board of Directors. As a board member, Read the rest of this entry »
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December 12th, 2007
Raleigh, NC - Sarah M. Place, President & CEO of Place Trade Financial, Inc., a full service discount broker and online trading firm, announced that Krista Henderson has been promoted to Client Service Manager. In this position, Ms. Henderson will oversee client services, work closely with Financial Advisors, manage clearing relationships and continue to handle special projects. Henderson studied at Pitt Community College in Winterville, NC prior to joining Place Trade earlier this year as a client service liaison.“We are proud to have Ms. Henderson as our Client Service Manager,” said Place. “She has served both our growing domestic and international client base Read the rest of this entry »
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December 11th, 2007
Raleigh, NC - Sarah M. Place, President & CEO of Place Trade Financial, Inc., a full service discount broker and online trading firm, announced that Wayne Moore has joined Place Trade as administrative assistant. In this position, Moore will assist with client service issues, provide administrative and technological assistance as well as handle special projects.“We are pleased to welcome Mr. Moore Read the rest of this entry »
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December 4th, 2007
Happy Holidays! This month’s issue of our financial planning newsletter is out. Topics covered this month include; thoughts on inflation, long-term inflation rates, working towards your financial goals, retirement planning assumptions and retaining financial records.
If you enjoy the topics, feel free to sign up for our monthly newsletter and pass it along to your friends as well (just get their permission first). The newsletter is free and no salesman will call! (Remember that old ad?)
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December 3rd, 2007
As you may know I have been taking part in the Susan G. Komen Race for the Cure for a few years now. I have not been there to win, just to do my part, have a good time and make new friends. This past year I made a change. Instead of going it alone I teamed up with my friends from the NC Roadrunners Club and had a wonderful time. New Balance sponsored us and gave us nice butter colored T-shirts with our logo on it. That was a lot of fun.
Now, I am finally able to volunteer for the program. Tonight I attended the Volunteer Orientation for the Komen Race for the Cure. I learned a lot and had a few surprises but I am proud to be a part of this great group of ladies. I look forward to doing my part to stamp out this monster for good!
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November 13th, 2007
For as long as some of us can remember; we have been hearing about inflation. It may have something to do with growing up in the seventies when that was all that you heard about every time you or your parents went to the store.
My first real lesson was traumatizing! I would tag along with my Father on his way to the store and use my hard earned allowance to buy a piece or two of candy. I looked forward buying my Bazooka bubble gum at the PX for a penny and reading the little comics inside. Read the rest of this entry »
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November 13th, 2007
Whether you are the CEO of a major corporation or you are the Chief Cook and Bottle Washer of your family, it is hard to escape the impact of the economy on your life. Nearly every aspect of your life is impacted in one way or another. Let’s start with the top five economic factors, according to Robert J. Gordon in his book Macroeconomics, that not only influence the economy as a whole but also affect you:
- 1. Interest Rates: Have you ever thought about why different interest rates are charged for credit cards or mortgages? Why the go up or down or why your adjustable mortgage rate Read the rest of this entry »
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November 2nd, 2007
Happy November! This month’s issue of our financial planning newsletter is out. Topics covered this month include; the needs of the Sandwich Generation, Avoiding Withdrawal Mistakes (from your retirement plan), Dealing with Stock Market Declines, Zero Coupon Bonds and more.
If you enjoy the topics, feel free to sign up for our monthly newsletter and pass it along to your friends as well (just get their permission first). The newsletter is free and no salesman will call! (Remember that old ad?)
Posted in Financial Planning Newsletters | No Comments »