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Throughout the year our staff writes articles which provide valuable information and insight to our clients. Check back often for the latest information on ways to manage your business and personal financial needs more efficiently.
One or the other? Perhaps both traditional and Roth IRAs can play a part in your retirement plans.
Itʼs been a little while, but if youʼve been reading along with the last few newsletters you know that we set out to cover three important basic financial concepts. Thus far, we discussed ʻsimple versus compound interestʼ and ʻdollar-cost-averaging.ʼ Now, letʼs integrate those concepts into a more complete discussion around the “Time Value of Money” (TVoM). The essence of the TVoM is to understand that having a sum of money at this very moment is worth more than having the identical amount of money in the future. The reason it is more valuable today stems from what is understood to be that sumʼs earning potential over time.
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Investment and advisory services offered only by those representatives who are applicably licensed with Securities America, Inc., member FINRAOpens in new window/SIPCOpens in new window, and Securities America Advisors, Inc., respectively. Securities America is unaffiliated with Allied Financial Services and any other named entities or services offered.
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