Eight Questions to Ask About Roth IRA Conversions: ADVICE Column

Andy Rice News Leave a Comment

In a previous article, I couldn’t tackle all the issues associated with this complicated conversion dilemma, nor can I completely finish them here. However, I’d like to propose a number of additional issues worth considering, based on feedback to my original article, in the hope that it, as well as other discussions, will prompt advisors to step back and at …

Social Security in Trouble

Andy Rice News Leave a Comment

Recently a question was asked to Barack Obama about Social Security. The President remarked: “So here’s the thing. Social Security is not in a crisis.” Hold up a minute, maybe the President has not read the Trustee’s of Social Security Annual report issued August 5th 2010. The “Social Security Act” requires the Trustees of Social Security Trust Fund to report …

The Dog Days of Summer Cause a Volatile Week

Audrea News Leave a Comment

It was another wild and volatile week in the equity markets this past week, although the turbulent activity was tempered somewhat by the lack of trading volume. Stocks started out the week on a weak note, and rebounded slightly to end mixed on Friday. What really threw cold water on the stock market this week was the ugly weekly jobs …

Friday the 13th Comes Early

Audrea News Leave a Comment

Friday the 13th of 2010 actually came this past Wednesday, when the stock market began to panic over a possible double-dip recession when the Federal Reserve issued another warning about our nation’s weak economic conditions. The major stock indexes all dropped by nearly 3% on that dismal Wednesday and continued to sputter throughout the rest of the week. Talk is …

Stocks Muted By Poor Jobs Report

Audrea News Leave a Comment

Stocks were sent reeling southward this past Friday as the monthly jobs report was disappointing to say the least, and raised fresh worries about economic weakness and the risk of deflation. The jobs report, which showed non-farm payrolls fell by a larger-than-expected 131,000 last month, added to a stream of economic data over recent weeks that indicate the American recovery …

Red Hot July Stocks

Audrea News Leave a Comment

The temperatures in Alabama weren’t the only thing that was hot during the month of July. All of the major equity indexes were higher by around 7% for this past month, the biggest month investors have enjoyed since a year ago. Investors flip-flopped throughout July, buying stocks on strong earnings reports and then subsequently selling on weaker-than-expected economic numbers. For …

2010 Fi360 Article Competition Winner – Andrew D. Rice

Andy Rice News Leave a Comment

Andy recently won Fi360’s article competition for the article he wrote “Roth Conversion – The Gamble of a Lifetime”.  The article was published by Investment News on January 31, 2010.  You can also read the announcement of Andy as the winner on Fi360’s website   Andy RiceAndy graduated from the University of Alabama-Birmingham with a B.S. degree in Accounting. He …

Roth Conversions – “The Gamble of a Lifetime”

Audrea News Leave a Comment

This Article actually won Andy the coveted “2010 Fi360 Article Competition”.  Fi360 promotes Fiduciary Excellence among financial advisors, which we at MMS Inc. take very seriously.  Fi360 owns and awards the AIF and AIFA professional designations, provides analytical and reporting technology and ongoing support for all types of fiduciaries and financial service providers, including advisors, wealth managers, plan sponsors, trustees, …