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How to Financially Prepare for an Empty Nest

How to Financially Prepare for an Empty Nest

by Richard Abbe | May 22, 2021 | Blog, New York City, Richard Abbe

When there are children at home the financial budget is generally larger, but with an empty nest, it is a different story. The cost of raising a child can equal nearly $13,000 a year, or $1,081 per month, depending on where you live. Now with the kids out of the...
Investor Advice: When to Pull Out

Investor Advice: When to Pull Out

by Richard Abbe | Mar 9, 2020 | Blog, Investing, New York City, Richard Abbe

One of the most challenging parts of investing is knowing when to liquidate your positions. When you have a losing position, your mind will tell you to have hope and wait for the price to turn back up and maybe even make a decent profit. For a winning position, you...
New Years Investment Advice

New Years Investment Advice

by Richard Abbe | Dec 9, 2019 | Blog, Investing, New York City, Richard Abbe

The New Year is typically a season of great refreshment and going back to the drawing board. Starting a new calendar should prompt you to consider implementing new strategies within your personal and business life. Preparing for the New Year by recalibrating your...
End of Year Investment Strategies by Richard Abbe

End of Year Investment Strategies by Richard Abbe

by Richard Abbe | Oct 10, 2019 | Blog, Investing, New York City, Richard Abbe

As the end of the calendar year approaches, it’s a good time for investors to think about strategies that can set them up for a successful future. Some of the strategies deal with tax efficiency. Others deal with keeping a portfolio properly diversified. Max Out...
Real Estate vs Stocks: Where Should You Invest

Real Estate vs Stocks: Where Should You Invest

by Richard Abbe | Jun 11, 2019 | Blog, Investing, New York City, Richard Abbe

Should you invest in stocks or real estate? When you pose this question to people, you will most likely get multiple answers. Some people invest in stocks only, while others invest solely in real estate. Some people invest in both. So, the bottom line is there is not...
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