Where to Go for Investment Advice?

Nowadays, people receive investment information from every conceivable source. How much of it can you really trust? Are some sources more reliable than others? 

Television, the internet, and your acquaintances are only a handful of the many ways you might be getting investment information. An important thing to ask yourself is what kind of relationship, or lack of relationship, do you have with that source. The media's primary goal isn't to relay valuable information to you, but to keep you glued to the TV, watching their entertainment. They make money selling advertisements, not financial advice!

Salespeople that can only sell one particular product, one particular asset class, or one particular insurance company, aren't much better. How well do you think they are going to advise you if there is only one product they benefit from when you buy it? They are going to do nothing but drive you to their particular product rather than the product that is best for your particular situation.

When you're trying to figure out where you can go to find a trustworthy investment advice, why not go to a licensed and appropriately permitted advisor to talk about all investment assets, asset classes, and your many other investment options? We can offer you the entire array of investments are in the position to advise you across the board!

If you would like to learn more about us, check out our website at www.PyleFinancialServices.com or call us at (843) 945-4480. We look forward to hearing from you!

What Happens to Bonds in a Rising Interest Rate Environment?

Hey everyone, welcome back to our blog. Today we are going to talk about a question a lot of investors are asking right now, "What happens to the bonds I own in a rising interest rate environment?"

When interest rates go up, the value of bonds you own can go down. Since 1982, interest rates have been in a long-term downward trend. If they are going to begin to start going up, bonds could be a difficult place to be, and you may be asking yourself what to do.

What you need to do is sit down with an adviser to go over a few things, including your exposure to bonds overall, the quality of your bonds, and the maturity of the bond itself.

It's time to rethink your exposure to bonds, and you'll want to do this before interest rates rise and the value of your bonds go down.

If you have any questions for us, feel free to give us a call or send us an email. We look forward to hearing from you!

Three Important Financial Questions to Ask Yourself

One of the greatest fears of retired people is whether or not they will outlive their money. This is often a worry for people who have medical conditions that require 24-hour care. Money goes quickly when you have an ailment, and while the doctor ensures that your vital signs are looking good, we want to ensure that you're financially healthy, too.

There are multiple questions that you can ask yourself in order to figure this out.

1. Do you have enough money? 
   
2. Is it being managed correctly?
3. How do you know the answer to both of these questions?

The only way to find out the answer to this third question is to speak with us and allow us to get a financial pulse with you. We can help you with financial planning, retirement planning, income planning, and protection planning. 

Please contact us if you're in need of financial relief. We are here to help you.

How to Plan, Protect, and Grow Your Money for the Future

If you're a professional athlete or a very successful young person, it's important that you plan for a financially stable future. You have a lot of wealth right now, but do you know how to sustain yourself in the long run? 

It's important that you develop a financial plan, and that you stick to it. I urge you to create and follow a written financial plan. Studies show that if you have a plan written down, you are more likely to save more money than if you just had a plan in mind.

Another important consideration is understanding your own personal investment philosophy, because everyone likes to put their money in different places. 

What we like to remind our younger clients about from time to time is that financial planning is only one part of wealth management. This doesn't always mean that you have to invest your wealth to manage it properly. Everyone has different solutions to their financial problems, and we're always available to consult with you to figure out the best way to handle your wealth.

We're not here to sell you a product. We're looking out for your financial well-being. 

Please contact us with any questions or concerns that you have. 

How Can You Stay Ahead of the Retirement Curve?

Saving for retirement is an important task, but planning it out can be tough. Today, we are going to be talking about retirement income and planning, which is something we focus on at Pyle Financial Services. 

If you are about to retire or are already retired, the tips we share today are going to help you in the areas of retirement income, concerns about retirement, and working towards having peace of mind about your overall retirement plan. 

One of the biggest problems retirees face today is low interest rates. Not getting income or a very low rate of income in bonds has caused retirees to have to get comfortable moving out of the bond asset class into other investments.

When I ask retirees what their greatest fear is, they most often respond with an answer like, "outliving my money."As a retiree, you have to know and plan for your risk factors. There are different asset classes out there, but in the planning world, everything cycles. The "set it and forget it" mentality can be dangerous. You need a financial professional to look out for your interests and understand the risks you are willing to take so your asset class lines up accordingly. 

If you find yourself watching your investments like a hawk in the media, do yourself a favor and stop. It does you no good to listen to the noise of what the media has to say about the financial world. Find a trusted adviser who can give you the facts that you can trust. 

If you have any questions for us, be sure to give us a call or send us a quick email. We would be glad to help out!

Have You Planned for Your Retirement?

Planning for retirement is one of the biggest concerns that most Americans have today. Luckily, this is one of our specialties at Pyle Financial Services. 

Many people have concerns about retiring because of low interest rates. Not getting income, or a very low rate of income in bonds has forced retirees to move out of bonds and into other forms of retirement investments. 

Retirees often tell me that they're worried about outliving their money. In today's environment, retirees must remember that markets all cycle, whether it's interest rates we're talking about or gold & silver. You can't get attached to one asset class.

One of the ways to maintain a peace of mind in this turbulent environment is to remember your specific needs should always be focused on, and not the overall volatility of the market. Not everything that the media reports will affect your investments, and the markets will always be swinging up and down. One bad market report doesn't spell certain doom for your retirement. 

One unconventional recommendation we make is to quit focusing so much on your investments. The media puts out a lot of noise that you simply don't need to hear. 

If you're really concerned about your investment, then I'd recommend hiring an adviser who can tell you the truth of the matter and help you to get into a better position for retirement based on your needs. You will need a transitional plan from working to retiring, and we can help you form a smooth plan.

Be sure to visit www.scottpylepresents.com to watch a free online seminar and request a free retirement readiness kit.

As always, if you're looking for someone that you can trust your finances with, look no further than our team.