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Financial Focus: The Real Meaning of Diversification in Investing

We’ve all heard the phrase: “Don’t put all your eggs in one basket.” In the world of investing, it’s solid advice. Unfortunately, some people misinterpret this wisdom. They spread money across multiple financial institutions, working with several financial advisors....
Lake Arrowhead Brewing hosts Crestline chamber mixer

Lake Arrowhead Brewing hosts Crestline chamber mixer

By DOUGLAS W. MOTLEY Senior Writer The Crestline Chamber of Commerce held a well-attended mixer for its members at the Lake Arrowhead Brewing Company, located on the shore of Lake Arrowhead, next to ALA’s Burnt Mill Beach Club, on Thursday Feb. 20 from 5 p.m. to 8...

Financial Focus – Dividends: Reinvest or not?

Financial Focus – Dividends: Reinvest or not?

If you own dividend-paying stocks or mutual funds, you generally have a choice: Should you take the dividends as cash or reinvest them? There’s no one correct answer for everyone. So, let’s look at some reasons for both choices – reinvesting or cashing out....

Financial Focus- When is a good time for Roth conversion?

Financial Focus- When is a good time for Roth conversion?

If you’ve thought about contributing to a Roth IRA, but you made too much money during your working years, you can have a second chance – through a Roth conversion. Why is a Roth IRA desirable for some people? Here are the key benefits: Tax-free withdrawals. You put...

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