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Financial Planning Archives - Wealthspire

buy home children

Helping Your Children or Grandchildren Buy Their First Home

By Blog
Residential real estate markets in desirable cities across the country have long been appreciating in value faster than real estate in the rest of the country. During the COVID-19 pandemic, that growth accelerated even more due to low supply and increased demand from the millennial generation. Even as interest rates rise today and the growth cools down, prices for housing remain high. As a result, buying a first home has become significantly more challenging for younger generations to achieve. Understandably, we’ve spoken to quite a few of our clients who have expressed an interest in helping their children and grandchildren…
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budgeting

Seven Tips for Budgeting in Your 20s

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Your 20s are often a great transitionary phase. For many, this is a time dedicated to self-discovery, learning about life at a lightning speed, and entering what may start to feel like your first stage of “real life.” As you enter this era, you are experiencing quite a few “firsts” – likely your first “real” job, with your first “real” salary that includes benefits and at least a few days of paid vacation every year. Your 20s may also include a few moves across a city, a state, or the country. And just as you are getting settled into that…
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price earnings ratio

Price/Earnings Ratio (P/E Ratio)

Financial Dictionary
P/E Ratio Meaning The Price/Earnings Ratio (P/E Ratio) is a ratio used by investors to help evaluate how cheap or expensive a company’s stock is.  P/E ratios are used by investors and analysts to determine the relative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time. Price Earnings Ratio Formula The P/E Ratio is calculated by dividing a stock’s price by its earnings per share. As an example, a stock with a price of $90…
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financial planning golfers athletes

Navigating the Changing Financial Landscape for Professional Golfers and Athletes

By and Blog
Spending over 20 years in the wealth management business, one would think we’ve seen it all – market ups and downs, turbulent economic and socioeconomic conditions, and the once-in-a-lifetime events. New challenges, new disruptions, and unforeseen circumstances, both positive and negative, do however present themselves regularly. At Wealthspire Advisors, we believe in remaining vigilant. We strive to put our clients in positions of financial strength and flexibility, prepare them for necessary navigational changes, and offer guidance in times of opportunity. Wealthspire believes in proactively managing our clients rather than reacting to market conditions. Recently, we began monitoring the implications of…
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retirement

Retirement Checklist: Planning Today for the Tomorrow You Deserve

By Blog
 “Planning is bringing the future into the present so that you can do something about it now.”  - Alan Lakein If that sounds like a downer, that is not the intention! Everything in life is about balance, so perhaps taking on a mindset of making the most of today while planning for a longer tomorrow is more helpful in ensuring a happy and healthy long life. Whether an outcome of living through the past few years or a shift in overall mindset, popular culture today encourages us to focus on the now, live for today, and seize the moment. While…
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