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Financial Planning Fees – An Expense or an Investment?

In a recent column, I talked about one aspect of the value provided by a financial planner being the combination of detachment and knowledge that can keep a client from making “the big mistake.” I have since read an article that goes even further to answer the question of whether clients really receive value for […]

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Preventing “The Big Mistake”

What is the greatest value that financial planners provide for their clients? There are many answers to this question, depending on the needs of the client and the style of the planner. One of my favorite answers, though, is that I can keep clients from making “The Big Mistake.” Is it possible for someone untrained […]

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“Your Wine Tab, Sir.”

While on Celebrity’s Millennium, I came as close as I will probably ever get to an outrageously expensive bottle of wine, a 1949 bottle of Petrus. Had you, or your parents, bought a magnum (equivalent of two regular bottles of wine) or two of this wine in 1949 and stuck it away in a cool, […]

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Travel Insurance – Necessity or Rip Off?

There was a time I rarely, if ever, purchased travel insurance.  Recently, however, I’ve been buying it more often.  I especially find travel insurance more of a necessity when traveling outside of the US.  My biggest concerns are coverage for medical services, trip delays, and in the event I am taking a cruise, reimbursement if […]

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