January 2012 Newsletter

Planning Your Financial Future     January 2012

As we say good-bye to 2011 and welcome 2012, this is a good time to review those goals you did not meet in 2011 and determine what changes you have to make so you will attain them in 2012.  Take it easy on New Year’s Eve and start 2012 off safely!

Making Financial Resolutions? Look Back at Last Year
Each new year brings the chance for a fresh start, and the opportunity to improve your financial picture. As you make financial resolutions for 2012, looking back at what happened last year can help you make some positive changes this year.

Q & A on Filing the Federal Financial Aid Application
The federal government’s financial aid application, the FAFSA, should be filed as soon after January 1 as possible in the year your child will be attending college. Here are some common questions and answers regarding the application process.

 

Debt Payoff Strategies
In these uncertain economic times, you may be thinking of reducing your debt load. There are a number of strategies for paying off debt that you might consider.

 

Is a stop limit the same as a stop order?
A stop limit is typically used when you’re trading during a volatile market and want to target a specific price as closely as possible. A stop limit order allows you to give your broker a price range for your purchase.

Can a stop-loss order really protect me from losses?
Stop-loss orders can help you try to manage the amount of loss you can suffer with a single holding. Also known as a stop order or stop-market order, a stop-loss order means setting a level at which your broker is instructed to sell all or part of a particular position once the stop-loss level is reached.

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