Thursday, July 31, 2014

Sustaining Growth and Preservation of Your Investment Portfolio

You work hard for your money and you should therefore make certain that you can continue to grow your assets while also preserving your estate against unforeseen situations and circumstances.  Many investors with a high net worth are working with Select Portfolio Management, a company formed and managed by Tony Amaradio.

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With over 30 years of solid performance and astute management practices, Tony Amaradio has an enviable track record in the world of finance.  After having graduated college with an MBA that focused on both taxation and finance, he was a top prospect for many companies and was offered a lucrative position within a major Fortune 500 firm, only to turn it down because he felt he could do better on his own.

And this is precisely what he accomplished early on in his career in the financial services industry.  With a consistent and impressive performance from the very beginning, Tony Amaradio began attracting more clients and delving further into asset management and investment growth.

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He soon realized that he, like many of his high net worth clients, deserved the best in class when it came to service and analysis.  His vision led him to form Select Portfolio Management, where he built an elite and professional team of experts in the insurance, investment, tax and legal industries in order to form one of the most respected and successful wealth management systems in operation today.

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Tony Amaradio still remains closely involved in managing the portfolios of his valued clients.  He also stays abreast of all industry trends and changes and continues to attract new clients each year.  His no-nonsense and practical approach to asset management and wealth preservation makes him one of the most influential and sought after money managers in operation today.

He also continues to develop and implement cutting edge planning strategies in portfolio design, asset protection and proactive tax planning.  If preserving and growing your wealth makes sense, it makes sense to work with Tony Amaradio.

Thursday, July 24, 2014

Parents Taking Out Student Loans – Tony Amaradio Weighs

Since the economic downturn, the realities of higher education have come into a rather harsh light.  College degrees are essential for attracting the legitimate interest of potential employers, and yet they in no way guarantee employment.  This may mean a degree that yields no offers and encroaching financial struggles in the form of student debt, if the graduate relied upon loans to subsidize his or her education.  Tuitions are such that many parents have taken it upon themselves to take out loans for their children.  But is this a good idea?
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“Parents naturally want their children to enter their adult lives with as few complications as possible, and they moreover feel that they [the parents] are in a better position, financially speaking, to take on the responsibilities of significant loans,” says financial consultant and founder of Select Portfolio Management, Tony Amaradio.  “However, these parents might have neglected to consider their own financial futures, as well as the hardships they might experience in their later years when they will likely still have inflexible loan obligations to address.”
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Student loan repayment is far more malleable for students that it is for parents.  While students can opt for forgiveness programs and pay-as-you-earn options, parents can not.  Furthermore, it is generally assumed that parents do not have to go through waxing and waning income fluctuations that a person straight out of school would, so they will likely be stuck with a rigid repayment obligation well into their retirement years.
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“It is highly advisable that parents with college-ready children consult with an experienced financial advisor before embarking upon student loans of any kind, either in their own name or their children’s,” says Tony Amaradio.  “It is very possible for a child to graduate from college without debt if both the parents and children work towards that goal.”

Wednesday, July 16, 2014

Financial literacy: It pays to know how money works

Just as important as the capacity to read and write is the ability to wisely handle your finances. Yet, despite the many lessons that can be culled from the economic crunch not too long ago, many Americans still pay little attention to sharpening their financial knowledge.
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Experts in financial planning, such as "Faithful with Much" author Tony Amaradio, believe that with more time spent on good resources, everyone can learn to make sound decisions on spending, saving, and investing. Here are some tips to get started:
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Start learning ASAP. In a recent assessment of financial literacy conducted by the Organization for Economic Cooperation and Development, young Americans scored below average. But it's never too late for the kids, and for grown-ups, too, to gain the basic know-how. Mobile applications and websites, such as Money as You Grow, can demonstrate the importance of handling money wisely to kids as young as 3 years old.
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For the not-so-young, these articles by Forbes contributors Erik Carter and John Wasik are good materials to begin with.
Read. It doesn't matter if you equip yourself with financial knowledge through hardbound textbooks or from a Google search. What matters is that the desire to learn must be there. Start learning the basics of personal finance from insightful and practical guides like "The Automatic Millionaire" and "Stop Acting Rich and Start Living Like a Real Millionaire."
Confront your money issues. Observing how you spend and save your money and discussing finances with the right people are some of the best ways to level up financial literacy. Sadly, a lot of Americans are missing such opportunity: Only 14 percent of individuals are comfortable talking about their financial concerns, and 13 percent seek advice from a financial professional, according to the American Institute of CPAs. Beat the passivity and start discussing with the community and with financial planners to proactively draw up solutions.
A successful businessman, author, and speaker, Tony Amaradio believes that the timely delivery of economic information can get both businesses and consumers ahead financially. Follow this Google+ page for relevant information and advice on money matters.