A mutual fund promising a 6% annual distribution yield (it pays out 6% per year) probably sounds attractive to many investors. In fact, clients of San Diego’s best known financial advisors may find such “opportunities” in their brokerage accounts. EvaluatingREAD MORE
Author: Rick Brooks
Rick Brooks, CFA®, CFP® is a partner of Blankinship & Foster LLC and is the firm’s Chief Investment Officer. He is a lead advisor, counseling clients on all aspects of personal financial management. Rick serves on several boards. He is the Chairman of the Board of Girl Scouts San Diego, and also chairs the San Diego Foundation’s Professional Advisor Council. Rick and his family live in Mission Hills. Rick enjoys spending time with his family, theater, cooking, skiing, gaming and reading.
News of the impending Qualcomm layoff hit the people of San Diego hard in recent weeks. According to reports, it seems that Qualcomm is set to lay off about 15% of its workforce. This has become fairly commonplace in theREAD MORE
Back in April of this year, the Department of Labor (DOL) issued a proposed rule that would require investment advisors to retirement plans to follow a Fiduciary Standard. The proposed rule has sparked a fierce Fiduciary Standard debate in theREAD MORE
Scarcely a day goes by that I don’t receive a call or at least two emails from somebody trying to sell me a Liquid Alternative mutual fund. Thankfully, only one of my clients has come to me saying “I’ve GOTREAD MORE
The recent earthquakes in Nepal got me thinking about a couple of things. The first was how I might be able to help such poor people so far away. The second was what would happen here at home if (when?)READ MORE