You’ve worked and saved all your life and are nearing your retirement date - you likely have a lot of questions and many checkboxes to check before you can confidently wave goodbye to your colleagues. One of the most important decisions you have to make at this point in your life is HOW you want your pension benefits paid to you.
Read MoreEven if you find yourself in a comfortable financial situation, refinancing may be a smart decision that can allow you to save more of your hard-earned money for years to come.
Read MoreMany people have saved for their retirement years in 401K plans, which typically do not allow distributions until one is 59 ½, retires or changes employment. However, it can become a true lifeline if you can qualify for a “Hardship Withdrawal” if your plan allows for such a distribution.
Read MoreWhile we can’t see the future to tell you exactly what college will cost two decades from now, we can give you some information on different types of savings/investment accounts for your children so you’re prepared.
Read MoreHow many times have you heard the term diversification in relation to investing and you just nodded your head without fully understanding? What about when people talk about stocks and bonds? Stocks are relatively easy to understand, but bonds? They can be a little more complex… there’s a reason for the Wall Street saying, “The smart money’s in bonds.”
Read MoreMYTH: When Stocks go down, Bonds go up.
FACT: Bond prices move based upon different dynamics than stock prices. It is very common to see bond prices drop on the same day as stocks.
Read MoreEarly in the morning on March 9th, after careful deliberation and examination of the likely outcomes of the rapid expansion of the Novel Corona Virus - and, in particular, the likely impact upon the global economy, PARAGON's Investment Committee decided to implement RECESSION PROTOCOL™ immediately. This means that we evacuated all of our clients out of the stock market and into safer assets such as treasuries, investment grade bonds, and cash.
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