I am working on:
New years financial resolutions to get our clients in better #financial shape before or after retirement
Dec 12, 2013, 07:32 CST
- Member Type(s): Expert
- Title:Wealth Management, Retirement Advice
- Organization:Ulin & Co. Wealth Management
- Area of Expertise:financial advisor, wealth management
To become a ProfNet premium member and receive requests from reporters looking for expert sources, click here.
Saturday, December 7, 2013, 7:31 AM
US News & World Report: December 2013: 5 Money Myths You Shouldn't Fall For.
“Stocks make you rich – and bonds keep you rich" is a good rule of thumb, but this is another gray area, said Ulin. "The bond bull market for the past 30 years is coming to an end. Interest rates will begin to rise when the Fed starts to taper the monetary stimulus program."
Read more here:
Saturday, November 23, 2013, 1:27 PM
How to Find a Financial Advisor If You're Not Rich
Yahoo Finance. (Originally posted in US News & World Report.)
"There has been a paradigm shift in the financial services industry just over the past four years with the increase in banking regulations and associated costs, which has led many major banks and broker-dealers to focus more on their bottom line and shareholder value, more so then their clientele," says Jon Ulin, a managing principal at Ulin & Co. Wealth Management, a branch of LPL Financial in Boca Raton, Fla.
Sunday, June 9, 2013, 7:30 PM
Ulin quoted in US News & World Report, 6/4/13
5 Money Questions to Ask Before You Marry
You may think you’re a perfect match, but one of the biggest compatibility tests is merging finances
read more here:
Sunday, May 5, 2013, 1:58 PM
Ulin featured interview (by Sheryl Nance-Nash) for cover story for creditcards.com:
"Carrots offered, sticks abandoned: Card issuers lure late payers. Are cards that target high-risk customers right for you?"
See more here:
Banks need debtors Make no mistake, the banks have not come up with these products out of the kindness of their hearts. Balance-carrying customers are the bread and butter of the credit card business. Issuers are looking for ways to hook them and to minimize the risk of delinquency at the same time.
"These unique features are a direct reflection of new financial regulations set by Congress, which limit the ability of vendors to boost their revenues and bottom line by making significant profits off delinquent customers," says Jon Ulin, managing principal with Ulin Financial, a private wealth management firm.
Banks used to be able to make money off late payers by jacking up interest rates as soon as a cardholder missed a due date. "If you were even a day late making your monthly payment ... you immediately got your rates wacked up close to nose-bleed 30 percent levels, with no further negotiation to fix -- even if you had been paying your bills on time," says Ulin.
The CARD Act of 2009 prohibits such rate hikes until a cardholder is 60 days or more behind in payments. But even if banks don't charge immediate penalties to late payers, they're still benefiting from loans that are growing on their books. You may not be charged interest initially, but once you get past that introductory period, interest rates are as high as 23.99 percent. That's why banks are marketing cards that appeal to higher-risk customers.
Monday, March 4, 2013, 12:16 PM
Please click here to read my interview this week on "Money Fix: Downsizing in retirement."
Wednesday, December 26, 2012, 7:27 AM
Ulin interview/Quote in Newsday : 2013 Financial Resolutions
In a recent Fidelity Investments survey a record number of people -- 46 percent of those polled -- said they are considering financial resolutions. Most vow to save more, spend less and pay off debt. What's on your list? Better still, what should be on it?
Dig out of debt. In this post-financial crisis era, this is priority No. 1, says Jon Ulin of Ulin Financial in Boca Raton, Fla. Create an action plan and timeline for paying your credit card debt as soon as possible. Defer any "instant gratification" purchases until you can pay for them with cash.
See more here
Jon Ulin, CFP
Monday, June 11, 2012, 11:00 PM
Before you jump into the markets, take the time to learn from the missteps of novice investors. Here are three common first-time investing mistakes.
Read more: www.foxbusiness.com/investing/2012/05/07...
Sunday, June 10, 2012, 12:25 AM
Ulin comments on the competitive nature of blue chip high tech stocks.
Wednesday, April 4, 2012, 4:37 PM
Please check out my 3/29/2012 interview with Fox Business News on Employee Stock Options.
Monday, January 30, 2012, 11:21 PM
2/1/2012: Financial Planning Association - Report by Jon Ulin, CFP
Generation Y-ers: Fearful of Wall Street and Not Saving for Retirement
Generation Y investors are the most conservative generation of investors since the great depression, despite their long-term time horizon, according to the 2011 MFS Investing Sentiment Survey. The survey provides an in-depth look into the investing habits of Generation Y, the next large wave of investors that encompasses approximately 77 million Americans between the ages of 18 and 30 with nearly $1 trillion in spending power.
I believe that Gen Y-ers are spending their 20’s and early 30’s being emotionally affected by all the financial doom and gloom in the world and are not investing much money or investing wisely for their financial future. Gen Y-ers are being squeezed between mounting college debts and wide-spread unemployment, with many of them moving back home with their parents to weather the economic storm.
While Gen Y-ers provide significant purchasing power for such things as I-pads, Starbuck’s, designer clothes and other goods and services, the majority of them may not have enough of a financial education or the motivation and confidence to understand how to invest for their own retirement. This generation has spent half of their lives sandwiched between the dot com crash and real estate crash and are very wary of Wall Street.
For more on this article please visit :