http://blog.paragonwealth.com Retirement, investing and financial tips. Wed, 25 Jan 2012 00:22:27 +0000 http://backend.userland.com/rss092 en A satirical short film taking a look at the national debt and how it applies to just one family. For more information visit www.debtlimitusa.org Paragon Wealth Management is a provider of managed portfolios for individuals and institutions.  Although the information included in this report has been obtained from sources Paragon believes ... http://blog.paragonwealth.com/2012/01/24/debt-limit-a-guide-to-american-federal-debt-made-easy/ The following article discusses the definition of both wealth management and financial planning and what the difference is between the two. New Trends In Wealth Management visit American Institute of CPAs to view the complete article by John Napolitano, CPA/PFS The first trend in wealth management is an emerging understanding of the difference between ... http://blog.paragonwealth.com/2012/01/18/the-difference-between-wealth-management-and-financial-planning/ Wealth management incorporates financial planning, investment portfolio management, and a number of other potential financial services. The following article further define what wealth management means. Wealth Management visit Financial Times to view the original article Wealth management is a practice that in its broadest sense describes the combining of personal investment management, financial ... http://blog.paragonwealth.com/2012/01/03/what-does-wealth-management-mean/ Here is a list of what you might need to do before 2012 to ensure that everything is in order with your IRA. 10 IRA Tasks To Do Before The Year End by Robert Powell visit MarketWatch to view the complete article 1. Take your required minimum distribution Make sure all RMDs are taken ... http://blog.paragonwealth.com/2011/12/27/2011-to-do-list-for-your-ira/ If you are thinking about rolling over your IRA here are some common mistakes to avoid. Common IRA Rollover Mistakes visit Investopedia.com to view the complete article The 60-Day Rule After you receive the funds from your IRA, you have 60 days to complete the rollover to another IRA. If you do not complete ... http://blog.paragonwealth.com/2011/12/14/common-ira-rollover-mistakes/ You can avoid taxes and penalties on an IRA distribution if you roll it over into a qualified retirement plan within 60 days.  There are however some exceptions that are outlined in the article below. It is important to understand these to ensure continued tax-deferred growth on your retirement assets. Exceptions ... http://blog.paragonwealth.com/2011/12/07/what-you-need-to-know-about-rolling-over-your-ira/ While it is important to review an advisor's past performance, if you are not aware of the dangers outlined in the following article, it is easy to be misled. How to Avoid Choosing the Wrong Investment Advisor by Kim Renners visit Physicians Money Digest to view the complete article The volatility of the market returns along ... http://blog.paragonwealth.com/2011/11/30/avoiding-costly-mistakes/ The following article provides a basic overview of the importance of asking for a track record and what to look for from potential advisors. Getting The Record Strait by Jack Waymire visit Worth to view the complete article How do you know how a financial advisor has performed for his or her clients? By ... http://blog.paragonwealth.com/2011/11/23/what-you-should-know-about-your-advisors-track-record/   It can be difficult to navigate the waters of selecting an advisor.  Understanding the importance of a track record is a good place to start. Does Your Investment Advisor Have a Track Record? by Howard Aschwald visit Wealth Management Exchange to view the complete article With the recent market turmoil, investors are looking for more ... http://blog.paragonwealth.com/2011/11/15/the-importance-of-a-track-record/   Choosing an advisor with experience is critical, but it's not just a matter of years under their belt it is also a matter of results.  What is their track record? How have their portfolios preformed? The following article outlines questions to ask before determining who will manage your investments. Sizing up a Financial Advisor by Chris ... http://blog.paragonwealth.com/2011/11/08/choosing-an-advisor-with-experience/