Rebalancing Your Portfolio
Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach? It may sound counterintuitive, but it may be possible to have too much of
Lesser Known Provisions of the SECURE Act
The SECURE Act passed into law in late 2019 and changed several aspects of retirement investing. These modifications included modifying the ability to stretch an Individual Retirement Account (IRA) and changing the age when IRA holders must
Perspectives: Spring 2020 Edition
Perspectives: Spring 2020 Edition While winter may hold many of us in its grasp for some weeks yet, the bluster and bravado will soon soften, bringing the return of longer, warmer days. Our first spring issue
Lots of Variables with Fixed-Rate Mortgages
When selecting a fixed-rate mortgage, a prospective borrower has to determine how many years to finance the loan. Some financial institutions offer 10-year and 20-year, fixed-rate mortgages as well as 15-year and 30-year, fixed-rate home loans. For
Women on the Rise
Financial success is a goal for many, but women face unique barriers that can make that goal more difficult to achieve. Understanding today's financial landscape can help women rise to the challenge, know their worth, and take
Getting a Head Start on College Savings
The U.S. Department of Agriculture estimates a middle-income family with a child born today can expect to spend about $285,000 to raise that child to the age of 17.1 That’s roughly equivalent to the median value of a
Stock Shock Over Coronavirus
Craig Bolanos was featured on NBC Chicago as many investors worried about what would happen to their money after a sudden drop in global stocks over concerns about the coronavirus. Craig also discussed how to protect
Keep Your Umbrella Handy
In 2019, the U.S. had a record 11.8 million millionaires, up from 11.5 million in the previous year. An increase in personal wealth may bring greater financial flexibility; it may also bring greater liability. Individuals with high
Listen to Craig on Chicago’s Morning Answer!
Craig was featured on Chicago’s Morning Answer discussing young couples and the unique challenges and opportunities they face when starting their financial futures together. Are joint bank accounts a good idea? What about combined debt? As always,
