Chris Wille passes Series 7
TW Resource Group would like to extend a huge CONGRATULATIONS to Chris Wille, Senior Consultant, in passing his Series 7 General Securities License exam today. This is a major boost to Chris Wille who already has his BA from the University Washington with a major in Finance.
Chris Wille is a founding father of TW Resource Group and a major player in the companies development and having his expertise in more than just marketing is going complement our clients. Having a Series 7 shows Chris Wille’s ability to take his knowledge to the next level.
This affects our client’s bottom line in a positive note because a broader understanding of the finance realm can be utilized to take your company to the next level. Increase client’s market presence isn’t that good unless it is validated on the bottom line.
Work with TW Resource Group because we can look after more than just a marketing presence, we look after your whole financial marketing position.
Everett Mortage
Everett Mortgage is a website that has a vast amount of information regarding the mortgage and lending industry. Looking through the site I am finding more and more information about different loan programs. Being a local expert I find it far more reputable over another mortgage website because there is the ability to go and meet lenders in person to discuss my own personal mortgage options.
What keeps you at the your current job?
What is it that keeps you where you are at? I think this is a question that all of us come across at some point in our lives. Is it the Securability, your Current Pay, the Work Environment, or just to gain the Experience for future opportunities?
When you wake up in the morning, every morning, and don’t want to make the commute to work, maybe it is time to pack the bags and find another solution. As a society today, the majority of us go through high school, then through college, not knowing exactly the path we want to take. Once graduating, we take an opportunity that seems to make us feel happy. We get paid an average wage (that pays the bills), and at some point we realize “this is not what I want to do for the rest of my life.”
What makes it harder is when you become committed with a home purchase, marriage perhaps, or just the insane monthly bills. In hindsight, the pay does provide you with the income you need to live month to month. The human psyche is to feel trapped and have the feeling that you can’t get out. It is hard to take the large step and potentially obtain the opportunity that will relieve you from your current situation. This is due to the underlying uncertainties of taking that step. If you don’t take that step, you will always wonder what could have and would have happened if you did.
Our advice to you, don’t sell yourself short. It will not hurt you to continually see what is available to you. If an opportunity does not present itself, keep trying. If you don’t try, the likelihood of something falling in your lap is slim. Try and try again. What do you have to lose?
Retirement Savings
Short and sweat, if you don’t have a retirement savings plan in place, strongly consider your options on how to get started. Coming from someone who works for a major Financial Advisory company, I have learned a few things over the years, and this being one of them. It is forced savings.
The benefit to you… your money will grow/compound tax-deferred. ie: you do not pay taxes on the money going into your IRA and defer your taxes until you withdrawal the money on the back-end (or retirement). This means you decrease your taxable earnings/salary in the beginning and the IRA savings grows tax-deferred.
A quick example for you:
If you had contributed $100/month for 30 years to a tax-deferred IRA, then paid 25% tax on your withdrawals at retirement, you would net approximately $113k (8% assumed average annual rate of return). However, in an account that’s taxed annually at 25%, your total would have been only $101k — almost $12k less just because you had to pay taxes up front.
Currently, an individual can contribute $4k to an IRA annually which will remain at $4k through 2007. In 2008 the limit will increase to $5k per year.
Whether you are 20 years of age or 60, it is not too late or too early to think about retirement. Contact a local Financial Advisor to get more details on your options on protecting yourself and planning for retirement. Those who begin to think about retirement early, are the happiest when their retirement goals are realized earlier than those who did not actively plan for their retirement. Don’t get caught in working two jobs when you are 60, that is the time when you should be enjoying life at its fullest.