Are you wealthy or just rich?
Bashar Qasem, CSAA, President and CEO “If the son of Adam had a valley full of gold, he would like to have two valleys.” – Prophet Muhammad (peace be upon him) As a financial advisor going on twenty-five years now, I’ve seen and heard a lot. This ranges from inspiring stories of financial success to […]
Weekly Market Recap – November 15, 2021
Azzad MarketWeek Although equities closed last week on a high note, it wasn’t enough to recover from mid-week losses. Each of the benchmark indexes lost ground, with the Russell 2000 falling over 1.0% to lead the pack. Inflation concerns seemed to weigh on investors’ minds during the week. While the Federal Reserve continues to suggest […]
Weekly Market Recap – November 8, 2021
How To Estimate Your Retirement Income Needs
You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your […]
Understanding Solo 401(k) Plans
If you’re self-employed, you’ve probably considered establishing a retirement plan. If you’ve done your homework, you likely know about simplified employee pensions (SEP IRAs) and savings incentive match plans for employees (SIMPLE IRAs). These plans typically appeal to small business owners because they don’t require much administration other than simple bookkeeping. What you may not […]
Weekly Market Recap – November 1, 2021
Retirement Investors: This back door may be closing for good
Among the many provisions in the multi-trillion-dollar legislative package being debated in Congress is a provision that would eliminate a strategy that allows high-income investors to pursue tax-free retirement income: the so-called back-door Roth IRA. The next few months may present the last chance to take advantage of this opportunity. Roth IRA Background Since its […]
Weekly Market Recap – October 25, 2021
Weekly Market Recap – October 18, 2021
Weekly Market Recap – October 11, 2021
