{"id":2003,"date":"2012-11-09T15:23:12","date_gmt":"2012-11-09T20:23:12","guid":{"rendered":"https:\/\/blog.bradpine.com\/?page_id=2003"},"modified":"2017-03-27T09:19:28","modified_gmt":"2017-03-27T13:19:28","slug":"media","status":"publish","type":"page","link":"https:\/\/blog.bradpine.com\/media\/","title":{"rendered":"Media"},"content":{"rendered":"
What Just Happened With the Health Care Bill?<\/strong><\/p>\n Acorns, March 2017<\/em><\/p>\n \u201cNobody knew that health care could be so complicated,\u201d Read More:\u00a0https:\/\/grow.acorns.com\/2017\/03\/what-just-happened-with-the-health-care-bill\/<\/a><\/p>\n What Donald Trump\u2019s Presidency Means For Your Investments<\/strong><\/p>\n Huffington Post, March 2017<\/em><\/p>\n Don\u2019t put your emotions in the driver\u2019s seat of your portfolio.<\/p>\n Political news has been dominating the headlines since the start of the election cycle last year, and it doesn\u2019t look like it\u2019s going to be letting up any time soon.<\/p>\n After a strong end to 2016, we have started off 2017 equally as strong. This has led people to ask me what I think about the markets going forward.<\/p><\/blockquote>\n Read More:\u00a0http:\/\/www.huffingtonpost.com\/entry\/what-donald-trumps-presidency-means-for-your-investments_us_58b6079ee4b0658fc20f9b42<\/a><\/p>\n The 2 Massive 401(k) Mistakes Business Owners Make, and How to Avoid Them<\/strong><\/p>\n Kiplinger, February 2017<\/em><\/p>\n There are two huge mistakes that business owners commonly make when it comes to their company 401(k)s:<\/p>\n They don\u2019t understand the gravity and breadth of fiduciary responsibility, and they shoot themselves in the foot with high cost structures and poor investment options.<\/p>\n Streamlining costs is a no-brainer. While no 401(k) plan is free, making sure you get the most for your money is something most of us can get behind pretty easily.<\/p>\n But fiduciary responsibility is often a wake-up call \u2014 and not taking it seriously can have significant repercussions on your business and your life.<\/p><\/blockquote>\n Read More: http:\/\/www.kiplinger.com\/article\/retirement\/T001-C032-S014-the-2-massive-401-k-mistakes-business-owners-make.html<\/a><\/p>\n Donald Trump\u2019s Business Ties Could Create Conflict of Interest Problems<\/strong><\/p>\n New York Daily News, November 10, 2016 <\/em><\/p>\n Donald Trump has some potential conflict of interest issues to deal with before he becomes President.<\/p>\n Trump\u2019s business interests span the globe \u2014 and as President, his actions are likely to impact those interests.<\/p>\n \u201cThis is a very complicated situation that I don\u2019t think has ever been seen before,\u201d said Bradford Pine, a Garden City, L.I.-based wealth adviser.<\/p>\n Some of Trump\u2019s holdings and business ties are a mystery, since he never released his tax returns.<\/p><\/blockquote>\n Read More: http:\/\/www.nydailynews.com\/news\/politics\/trump-business-ties-create-conflict-interest-issues-article-1.2866858<\/a><\/p>\n <\/p>\n Investors Jump On Buy Opportunities Opened By Brexit<\/strong><\/p>\n Investor’s Business Daily June 24, 2016<\/em><\/p>\n The U.K. Brexit vote was as stunning as a heavyweight boxer’s surprise blow to an opponent’s head — unexpected and jarring.<\/p>\n But investors were also quick to react. Recommendations ranged from sit-tight, do-nothing to very proactive buy advice.<\/p>\n Voya Investment Management chief market strategist Douglas Cote told IBD that investors should not try to trade on the vote in the short term.<\/p>\n “My advice to investors is to stick to your investment plan on this historic Brexit vote,” he said. “The only investors that could possibly make moves are those who are already out of the market, in cash, and this is a good buying opportunity.”<\/p><\/blockquote>\n Read more: http:\/\/www.investors.com\/etfs-and-funds\/investors-jump-on-buy-opportunities-opened-by-brexit\/<\/a><\/p>\n <\/a>House set to vote on making tax breaks for IRA charitable donations permanent<\/strong><\/p>\n Investment News Feb. 9, 2015<\/em><\/p>\n \u201cThese kind of benefits should always be encouraged,\u201d said Bradford Pine, owner of Bradford Pine Wealth Group. \u201cIt’s a win-win. The American people are among the most generous in the world.\u201d<\/p><\/blockquote>\n Read more: http:\/\/www.investmentnews.com\/article\/house-set-to-vote-on-making-tax-breaks-for-ira-charitable-donations<\/a><\/p>\n <\/a>I Just Dropped My Daughter Off at College: From The Emotional to the Financial<\/strong><\/p>\n Huffington Post Sept. 5, 2014<\/em><\/p>\n It seems like I blinked, and our oldest child, Abby, went from a newborn to college. I still can’t believe this major family milestone has come and gone, and let me tell you, it’s been a whirlwind of emotions.<\/p>\n As we got Abby settled in on move-in day, I couldn’t help but notice that there were basically two kinds of parents on campus. There were those who looked extremely stressed and frazzled, and those who looked contented and happy. Everyone’s a little emotional, of course, but this clear distinction between parents got me thinking about the importance of preparation for the big day.<\/p><\/blockquote>\n Read more: http:\/\/www.huffingtonpost.com\/bradford-m-pine-\/i-just-dropped-my-daughter<\/a><\/p>\n <\/a>Money Fix: Secrets on how the rich think<\/strong><\/p>\n Long Island Newsday Sept. 7, 2014<\/em><\/p>\n Cool, oh so cool: “The rich don’t panic or get emotional when investing,” says Bradford Pine, a wealth adviser with The Bradford Pine Wealth Group in Garden City. They “look for consistent returns, rather than taking on too much risk.”<\/p><\/blockquote>\n Read more: http:\/\/www.newsday.com\/business\/money-fix-secrets-on-how-the-rich-think<\/a><\/p>\n <\/a>Daughters are a bargain? Not necessarily, say parents<\/strong><\/p>\n Investment News June 9, 2014<\/em><\/p>\n Bradford Pine, a wealth adviser and president of the Bradford Pine Wealth Group in Garden City, New York, makes his living scrutinizing financial details. He also happens to have a son and a daughter who are both in their teens.<\/p>\n When asked which of his children has been more expensive to raise to this point, Pine doesn\u2019t hesitate.<\/p><\/blockquote>\n Read more: http:\/\/www.money-rates.com\/personal-finance\/cost-of-sons-daughters.htm<\/a><\/p>\n <\/a>Web tool offers pricing information for municipal bonds<\/strong><\/p>\n Investment News June 9, 2014<\/em><\/p>\n The EMMA tool will help investors, but it won’t be able to tell them precisely how much they should be paying for a bond because markups are still hidden, according to Bradford Pine, president of Bradford Pine Wealth Group.<\/p>\n \u201cThat’s where it need to be more transparent \u2013 [the price] where the adviser is buying it and where, ultimately, the client purchases it,\u201d Mr. Pine said. \u201cYou need to work with an adviser you trust and feel comfortable with. It’s still a very fragmented market that needs be corrected.\u201d<\/p><\/blockquote>\n Read more: http:\/\/www.investmentnews.com\/article\/20140609\/FREE\/140609920#<\/a><\/p>\n What Jobless Teens Could Be Doing This Summer<\/strong><\/p>\n The Wall Street Journal June 8, 2014<\/em><\/p>\n Put some of your savings toward your 529 plan or other college-savings account to contribute to your education, says Bradford Pine, a financial adviser in Garden City, N.Y.<\/p>\n Research and apply for college scholarships using a website such as fastweb.com. Take a class at a community college and transfer the credits to reduce your total college tuition tab.<\/p><\/blockquote>\n <\/a>Investment fees can take a big bite out of your return: Here\u2019s how to keep the costs down<\/strong><\/p>\n New York Daily News June 6, 2014<\/em><\/p>\n “I find that investors are uncomfortable asking about fees and some advisors would prefer to avoid this topic,” Bradford Pine, wealth advisor and president of Bradford Pine Wealth Group in Garden City, L.I., told the Daily News.<\/p>\n “I’m not saying there’s anything wrong with paying fees,” Pine added. “You just need to know what you’re getting for paying those fees.”<\/p><\/blockquote>\n Read more: http:\/\/www.nydailynews.com\/new-york\/investment-fees-big-bite-return-costs-article-1.1819726<\/a><\/p>\n Handicapped’ by Wealth: The Dangers of Unprepared Heirs<\/strong><\/p>\n Fox Business April 18, 2014<\/em><\/p>\n As a generation, baby boomers tend to do things on a massive scale. (Having 77 million living members makes it hard to do otherwise.) Not surprisingly, as more boomers die and surrender their wealth in the coming years, the impact is likely to be anything but small.<\/p><\/blockquote>\n Read more: http:\/\/www.foxbusiness.com\/personal-finance\/2014\/04\/07\/handicapped-by-wealth-dangers-unprepared-heirs\/<\/a><\/p>\n <\/a>How to Choose Between Tax Software and Accountant<\/strong><\/p>\n The Street Mar. 5, 2014<\/em><\/p>\n How With tax day just around the corner, millions of Americans are gathering their documents and deciding whether to use an online tax filing service or certified public accountant. There’s no definitive rule on which method of tax filing is best — but our experts can weigh in on which option is best for you.<\/p>\n If you file online … Read more: http:\/\/www.thestreet.com\/story\/12498857\/1\/how-to-choose-between-tax-software-and-accountant.html<\/a><\/p>\n Is it Better to Spring for Private High School or College<\/strong>?<\/p>\n The Street Feb. 21, 2014<\/em><\/p>\n Most families have a limited amount of funds to put toward their children’s education. With prices on the rise for tuition at private primary schools and colleges, paying for both isn’t usually an option. So where should you invest your education dollars on a private prep school or on college tuition? Experts weigh in on how best to spend your education cash.<\/p>\n Blowing all your money on a private primary or high school is a risk, says Brad Pine, wealth adviser and president of Bradford Pine Wealth Group in Garden City, N.Y.<\/p><\/blockquote>\n Read more: http:\/\/www.thestreet.com\/story\/12433308\/1\/is-it-better-to-spring-for-private-high-school-or-college.html<\/a><\/p>\n <\/a>My Personal Experience on How to Save Tens of Thousands of Dollars on College Tuition<\/strong><\/p>\n Huffington Post Feb. 12, 2014 My daughter Abby applied to college this year and as the acceptance letters start coming in, we’re getting to the stage of choosing a school. Of course, we’re thinking about important factors like education, quality of life and location; however, like most parents, we also have to consider cost.<\/p>\n Our interest in getting the best financial support possible from the best school for Abby helped me discover a way of potentially lowering college tuition by a significant amount. I’m passionate about educating people on these topics, so I’m excited to share my personal experience with you. Read on — it could save you tens of thousands of dollars!<\/p><\/blockquote>\n Read more: http:\/\/www.huffingtonpost.com\/bradford-m-pine-\/my-personal-experience-on_b_4775061.html?utm_hp_ref=financial-education or http:\/\/www.huffingtonpost.com\/bradford-m-pine-\/<\/a><\/p>\n <\/a>Money Fix: Using payroll cards<\/strong><\/p>\n Long Island Newsday Nov. 13, 2013<\/em><\/p>\n Employers increasingly are using payroll cards — a debit card with your paycheck on it. Eliminating paper checks saves companies money and employees have convenient access to their money. However, payroll cards aren’t simple.<\/p>\n The Consumer Financial Protection Bureau recently issued a bulletin warning employers against using payroll cards exclusively and outlining rules and regulations.<\/p>\n Payroll cards offer pluses for those without bank accounts. They are cheaper than check cashing services that take a percentage of a check, and safer than carrying lots of cash.<\/p>\n Here’s what you need to know:<\/p><\/blockquote>\n Read more: http:\/\/www.newsday.com\/business\/money-fix-using-payroll-cards-1.6432633<\/a><\/p>\n <\/a>Money Pro’s: How to Avoid the Trap of Emotional Investing<\/strong><\/p>\n New York Daily News July 9, 2013<\/em><\/p>\n Money manager Bradford Pine shares tips on how to invest with your head, not with your heart. Almost everyone is tempted to time the market at some point.<\/p>\n For example, I had a small handful of clients who pulled out when the market declined in 2008. By the time they got back in, the market had already rebounded past their selling point.<\/p>\n I’m not saying it’s not prudent to exit the market if it’s beyond your risk levels or if you can’t afford to let your account fall below a certain point.<\/p>\n It’s also quite a different story if you have specifically allocated assets to short-term trading.<\/p>\n But in general, I have found that the odds are greatly against you when you try to time the market with your long-term investments. Just remember, if you didn’t stick with the market in the past 30 years, you missed out on some of the biggest bull markets in history.<\/p><\/blockquote>\n Read more: http:\/\/www.nydailynews.com\/new-york\/money-pros-avoid-trap-emotional-investing-article-1.1393874#ixzz2ZF7zTzco<\/a> “Rotten nest egg; Many plan to work 5 more years until retirement”<\/strong><\/p>\n NYPost.com Nov. 5, 2012<\/em><\/p>\n Brad Pine, a financial adviser in Garden City, NY, says that many who are nearing retirement with sizable portfolios are staying clear of riskier, higher-yielding instruments.<\/p>\n But they then worry that they won\u2019t generate enough return on their present investments to fund a long retirement.<\/p>\n \u201cThese are people who are well-off but are just not prepared for retirement now,\u201d said Pine. \u201cSo they have to work a couple of more years than they had planned.\u201d<\/p>\n The tough-luck stories are not uncommon. Pine recalls how a client in his early 60s had invested heavily in one seemingly gangbuster stock rather than take Pine\u2019s advice to diversify his portfolio and spread the risk. \u201cThe stock got demolished and lost a huge value,\u201d Pine said. \u201cHe\u2019s now talking about prolonging his retirement.\u201d<\/p>\n Today for Americans, working longer is the key to financial security, according to the Center for Retirement Research.<\/p>\n The average retirement age has risen in the past decade from 62 to 64 for men, and from 60 to 62 for women, the academic researchers found.<\/p>\n Their sobering conclusion: Five years of additional work would solve today\u2019s retirement challenges for most.<\/p>\n In fact, about 85 percent of households would be prepared for retirement by age 70 compared to 30 percent for age 62.<\/p>\n \u201cI can tell you that planning for retirement is a huge topic of conversation,\u201d said Pine. \u201cInvestors can make plans today, but so much can then change within five years.\u201d<\/p><\/blockquote>\n <\/a>“Money Pros: What to do if you inherit an Individual Retirement Account”<\/strong><\/p>\n NYDailyNews.com Oct. 3, 2012<\/em><\/p>\n The Money Pros are standing by to take your questions.<\/p>\n Q. I recently inherited an IRA. Is there an advantage to stretching it over my lifetime (I’m 41) as opposed to withdrawing it over five years?<\/p>\n Steve F., Long Island, N.Y.<\/p>\n A. Receiving an inheritance can feel like winning the lottery, with the same temptations to spend the money right away.<\/p>\n However, this can lead to some big financial planning mistakes, so before you take action, I strongly suggest you seek professional financial help to guide you through the estate planning and tax planning consequences of inheriting an individual retirement account (IRA).<\/p>\n There are a few important things to consider when inheriting an IRA. The most important is whether you’ve inherited the account from a spouse, the potential benefits of keeping the account around longer, and your current and future tax bracket. Those who inherit an IRA from someone other than their spouse have a choice between cashing out the account as a lump sum, liquidating the account within five years, or stretching the required distributions over their own life expectancy.<\/p>\n Note that stretch distributions must begin in the calendar year following the original account holder’s death.You also need to make sure that the account holder took any required minimum distributions in the year in which they passed away.<\/p>\n Spouses who inherit IRAs have one other option. They can roll over the assets into their own IRA if they choose, meaning that required distributions would not be mandated until he or she reaches 70\u00bd years of age.<\/p>\n The key potential benefit to stretching distributions is that any earnings in the account will grow tax-deferred over your lifetime. You also have the flexibility to take more than the minimum distribution if you need it.<\/p>\n On the other hand, the more you draw down the account in the short run, the less you’ll have for potential growth or to meet future needs.<\/p>\n Another benefit to the stretch option: distributions will have a smaller effect on your annual tax bill. If you’re in a high tax bracket, this can be a powerful incentive to go with the stretch option.<\/p>\n But if the account you inherited is very small and you need the money, it might make sense to liquidate it over a shorter period if it won’t have a major effect on your tax rate.<\/p>\n That said, you might see why it generally makes sense to roll an inherited account into your own IRA if you inherit from a spouse, and why it’s often best to stretch the distributions over your life expectancy if you inherit from someone else other than your spouse.<\/p>\n Pine is a wealth adviser in Garden City, L.I., and president of the Bradford Pine Wealth Group.<\/p><\/blockquote>\n “Tax-advantaged municipal bonds offer attractive yields, but be mindful of the risks “<\/strong><\/p>\n NYDailyNews.com July 16, 2012<\/em><\/p>\n “If you are selective and buy high quality issues, the yields on municipal bonds can be attractive,” said Bradford Pine, president of Bradford Pine Wealth Group in Garden City, L.I.<\/p><\/blockquote>\n <\/a>“On The Air “<\/strong><\/p>\n FA-Mag.com June, 2012<\/em><\/p>\n Most of the advisors report that the videos do not take much time or money to produce. Bradford M. Pine, a financial planner in New York City who works with broker-dealer Cantello & Co. Inc., is the exception. He hired professionals to film and edit his material, which cost him between $1,500 and $2,000, plus the time he invested.<\/p>\n But he also tallied up more than 38,000 hits for his video. Opening with a professional-looking blue stock market screen, the video moves to a New York City street scene with a woman doing a voice-over describing Pine. Then in a talking head segment, Pine himself explains why he thinks people come to him for advice. At three minutes, 44 seconds it is longer than most advisor videos.<\/p>\n \u201cA video is very time consuming to get it right, but I think it tells people what you are about,\u201d Pine says. \u201cEverything I talk about in the video are my own words. I want to be very transparent and want people to know my vision and my ethics.\u201d<\/p>\n He thinks the exposure is priceless for the referrals he has gotten.<\/p>\n Like Slattery and Case, Pine also believes in adding something personal about himself to the videos. He has one that encourages people to be bone marrow donors because it is something he feels passionate about.<\/p>\n \u201cPeople Google me and they have watched my video and read my articles even before they call me, so they know something about me,\u201d he says.<\/p><\/blockquote>\n
\nPresident Donald Trump said<\/a> near the end of February\u2014hinting at an uneasiness that\u2019s echoed through the markets for weeks.<\/p><\/blockquote>\n
\nThe pros:
\nFiling your taxes online is usually pretty cheap, says Kay Bell, tax expert for Bankrate.com.<\/p><\/blockquote>\n
\n<\/em><\/p>\n
\nTiming the market<\/p>\n
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