5 Simple Ways to Fall Clean Your Finances

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview about
Staying on Top of the Big Picture When It Comes to Your Finances:

Analyze Your Finances
Quarterly or Biannually

You want to make sure that your long-term strategy is congruent with your short-term strategy. If the short-term is not working out, you may need to adjust what you are doing to make sure your outcome produces the desired results you are looking to accomplish. It is just like setting sail on a voyage across the Atlantic Ocean. You know where you want to go and plot your course, but there are many factors that need to be considered to actually get you across and across safely. Your finances behave the exact same way. Check your current situation and make sure you are taking into consideration all of the various wealth-eroding factors that can take you completely off course. Continue reading “5 Simple Ways to Fall Clean Your Finances”

Where to Put Your Money During Times of Uncertainty

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview:

Where to Put Your Money During Times of Uncertainty…

JUMBO MMA, CDARS vs.
MYGA & Annuities explained …

If you are wondering where to put your money during times of uncertainty you must consider your long-term and short-term liquidity objectives.  Is the purpose to find a spot short-term because you want to use this money to buy a home or send your kids to school, or it is more about putting into something that is safe and offers growth potential?

Continue reading “Where to Put Your Money During Times of Uncertainty”

Must-Know Money Strategies During COVID-19

Available for Interviews: Harry Abrahamsen.

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine. 

 

Talking Points from Harry Abramhamsen on
Money Strategies During the Pandemic
:

Are you working, but don’t have any money in the bank?  Or maybe worse, you are not working at all. . . 

What are little known secrets about money
that can change your life?

If you are working

STOP all contributions into your retirement account.  You will be able to relocate these contributions into a saving account to build some short term liquidity.  Even if you have a match, temporarily stop all contributions until you build a short term cushion.

Continue reading “Must-Know Money Strategies During COVID-19”

Lessons From the 2008 Financial Crisis That Can Help Us Now 

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview about
Lessons Learned From the 2008 Financial Crisis:

Isn’t it amazing what’s happening in the markets in 2020? How is our country going to deal with all of this? How many times will Americans be okay with losing 30, 50 or even 70 percent of what they’ve made to Wall Street before they finally say enough is enough? Doesn’t it usually happen about every six to eight years? 

Continue reading “Lessons From the 2008 Financial Crisis That Can Help Us Now “

Money Smarts: Cloning a Bank’s Strategy to Create Personal Wealth

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview about
Applying some bank strategies to creating wealth:

Don’t Do what Banks Say . . .
Do What They Do

The Velocity of Money is a fundamental economic concept, primarily used by banks and financial institutions. 

Continue reading “Money Smarts: Cloning a Bank’s Strategy to Create Personal Wealth”

Money Secret: How to Create a Vacation Fund Right From Your IRA

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview about
How to Have an Annual Vacation Using a 72 (t) Distribution:

Going on vacation is great. Vacations create lifelong memories. Going on vacation every year is a dream come true. One way to create an annual vacation budget that doesn’t come out of your pocket or annual budget is to look at your IRA. Most people will say their IRA is for retirement, so how can it be used for a vacation?

Continue reading “Money Secret: How to Create a Vacation Fund Right From Your IRA”

Money Is Like Fruit: How to Keep Yours Ripe for the Future

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen can say in an interview about
Applying How to Maximize Your Money’s Potential:

Money Is not Math, and Math Is not Money

Money behaves more like a piece of fruit than mathematics.

Math is perfect. 1 + 1 will equal 2 . . . Forever.  But one dollar today plus one dollar a year from today will never equal two dollars because of taxes and inflation.  Money erodes over time. It’s just not about money eroding from today to your retirement years but for the rest of your life.  Money erodes over time in the form of:

Continue reading “Money Is Like Fruit: How to Keep Yours Ripe for the Future”

Stocks Doing Well During the Pandemic

Available for Interviews: Harry Abrahamsen.

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.

 

What Harry Abramhamsen Can Say About
Stocks That Are Doing Well Right Now:

Certain sectors in the financial services industry are booming, specifically the fixed index annuity space. The main reason is people can safe harbor their money, guarantee their principle, and ride the markets up—without ever losing money to market risk ever again.

Continue reading “Stocks Doing Well During the Pandemic”

Are We Headed Toward Another Stock Market Crash?

Available for Interviews: Harry Abrahamsen.

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine. 

 

Talking Points from Harry Abramhamsen on
If We Are Heading Toward a Stock Market Crash:

As we navigate uncharted waters in our modern day pandemic, there is a tremendous financial impact felt in both global markets and by people around the world.

Continue reading “Are We Headed Toward Another Stock Market Crash?”

Money-Saving Advice for Grads During Challenging Times

Available for Interviews: Harry Abrahamsen.

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine. 

 

Talking Points from Harry Abramhamsen on
How Graduates Can Save Money During this Challenging Time
:

Students are finally graduating and are now turning a new page in their chapter in life. Understanding various money strategies can significantly impact their financial success in the real world. It is equally important to start to save money to build up short term liquidity. All too often people will throw all the money they have at their debt ignoring building short liquidity. The old saying that “cash is king” really applies here. Start a monthly saving habit and stick to it. Do not worry about a rate of return, because it is a short-term strategy.  This money may be needed for an emergency or to purchase a new home or condo. One of the early traps are “investing” into a risky investment so the money can grow—to potentially lose money to market volatility. 

Continue reading “Money-Saving Advice for Grads During Challenging Times”