Tips for Effective Goal Setting

Goal setting is integral to the process of planning for your financial future. Without goals, it is difficult, if not impossible, to plan properly and adequately for the many aspects of your financial life. For example, if you have no specific purposes for your money, will you have adequate motivation to save for the future? Even absent any financial goals, you will still need money to live on in retirement! Even if you are motivated to save, without financial goals how will you know whether you have saved enough?



What to Save, Where, and For How Long?

We frequently receive questions from clients asking us how long they should save their financial and other personal documents. Set forth below is list of document retention recommendations:


What Are Exchange-Traded Funds?

In 1993, State Street (now State Street Global Advisors) launched the first exchange-traded fund (“ETF”) — the S&P 500 index fund known as SPDR S&P 500 ETF. This ETF continues to trade (about 133,000,000 shares per day!) and is now one of over 1400 ETFs in existence.