Why does Mike believe that return on investment is the most important part of any investment portfolio? Mike runs through why his investing philosophy puts return on investment above everything else.

We’re Getting Old

By Adams Financial Concepts | January 17, 2018 | 0 Comments

In 1965, a Frenchman by the name of Andre-Francois Raffray thought he had made a very good deal; he had purchased an apartment from an elderly widow for about $500 a month. Up until 1975, France had no form of Social Security, and retired individuals had to rely on their […]

Read More

What’s A Fiduciary?

By Adams Financial Concepts | January 17, 2018 | 0 Comments

Recently, British comedian John Oliver’s show Last Week Tonight put out a flooring (and very entertaining) look at the retirement industry. I spent Monday morning watching it after Sara shared it, and between nodding along with his points and laughing so hard I choked I decided that I needed to […]

Read More

Trust

By Adams Financial Concepts | January 17, 2018 | 0 Comments

The most vital role of a financial adviser in regards to working with a retirement plan is minimizing fiduciary liability. Moreover, the financial advisor minimizes the responsibility that a plan sponsor and the plan trustees have when handling the process of plan investments. There are primarily three levels of fiduciary. […]

Read More

The Value of Compounding

By Adams Financial Concepts | January 17, 2018 | 0 Comments

One of my favorite questions is: If you had a job for 30 days and could choose to either be paid $1000 every day or a penny the first day, doubled every day after, which would you choose? Take a second. Think about it. I think this will help you […]

Read More

Structured Products

By Adams Financial Concepts | January 17, 2018 | 0 Comments

We’ve talked before about chocolate covered hand grenades – the too-good-to-be-true investment. Time and again, the market has expanded rapidly as investors get caught up in opportunities based on stories and ideas rather than facts. Most of us are familiar with the explosion of Sub Prime Mortgages and how they played a […]

Read More

Strategic Versus Tactical Investing

By Adams Financial Concepts | January 17, 2018 | 0 Comments

When it comes to investing, one of the biggest questions in my mind is strategic versus tactical management. Before we can discuss the merits of one or the other, I think we should clearly define both. Strategic management focuses a financial portfolio on a group of assets. Tactical management changes […]

Read More

Retirement Budget

By Adams Financial Concepts | January 17, 2018 | 0 Comments

How much savings is needed to secure a comfortable retirement? In a recent survey from Ameriprise Financial Inc., working Americans between the ages of 50-70 with at least $100,000 in investible assets predicted that on average, they needed $980,000 to retire comfortably. What does this ideal “retirement number” really mean? […]

Read More

Questions For Your Financial Advisor

By Adams Financial Concepts | January 17, 2018 | 0 Comments

Over the next few months, many investors will sit down with their financial advisor to look over their portfolio. Before the meeting, ask yourself what kind of investor you are. Do you simply want lower risk and higher returns that will beat the rate of inflation? Or do you want […]

Read More

Plan for Long-Term Success

By Adams Financial Concepts | January 17, 2018 | 0 Comments

Take care of the customer and everything else will take care of itself. This simple principle has led to decades of success at Albert Lee Appliance. Albert Lee III, President of Albert Lee Appliance, joined me on About Money last Friday. He said he tells his staff, “I’m not your boss. The customer […]

Read More

Pigs at the Trough

By Adams Financial Concepts | January 17, 2018 | 0 Comments

The Department of Labor has published new 401(k) plan rules and regulations requiring full transparency of fees. Though plan sponsors and participants have not previously been sent itemized bills, the Department of Labor lists 17 fees they have been incurring. These fees include marketing, legal services, record keeping, investments and […]

Read More