Bogue Asset Management’s Quarterly Investment Letter
The global stock markets continued their climb in the first quarter of 2021. Clearly it did not pay to get out of the markets last spring. In this letter I will discuss what investment areas should continue to do well moving forward and talk about the return of inflation risk .........[See More]
How your advisor is compensated does matter. Lately there has been a blurring of the lines with the use of the term “Fee-Based” to describe how one is compensated. I’ll tell you why Fee-Based is not Fee-Only and the difference can be substantial: [See More]
Education Planning
Our children are our legacy and giving them the best education they can get is one way to help your children live successful, happy and independent lives.
Education Planning involves:
- Coordinating education planning with other aspects of one’s financial life to make sure there is balance between the needs of today and other future needs such as retirement planning
- Defining the degree of college funding you will provide your children
- Determining the asset allocation of stocks, bonds and cash needed to pay either for a University of Maine System school or a private college.
- Determining how much you will need to fund on a periodic basis to accomplish this.
- Making the best use of tax-advantaged accounts to provide for these needs
- Determining financial aid eligibility and strategies to maximize the potential for aid
- Determining optimal debt solutions
- Exploring alternative options on the path to a college education