IEM Asset Management
Founder, President, Managing Member
Dr. M. Nisa Khan's extensive background includes a PhD in Electrical Engineering, a BA in Physics and Mathematics, and being licensed in Series 7 (Financial Brokerage), Series 66 (Financial Advisor & Securities Law), and Life and Health insurance (Financial Protection). In addition to actively managing assets with ongoing research and long-term outlook, Dr. Khan generates financial software tools for portfolio optimization, monitoring, and easy-to-understand account performance summaries, and financial planning. Dr. Khan understands tax liabilities and advantages of complicated investment gains/losses and works with her clients and their accountants when necessary. She pays acute attention to her clients' needs and feelings and proactively informs them of their financial status. Dr. Khan has contributed to Seeking Alpha articles. She has written comments on MarketWatch articles. She has written analytic comments on finance now archived with the New York Times and the Wall Street Journal.
Dr. Khan has over 30 years of semiconductor and optics experience in theory, design, and manufacturing; a background in EE, physics, and mathematics; worked at Bell Labs Research, Honeywell, JDSU and also worked as an entrepreneur and consultant in areas including semiconductor electronic, optical and lighting devices and modules.
Dr. Khan is the author of a groundbreaking book "Understanding LED Illumination" by CRC Press (Taylor & Francis) in August, 2013. Her work includes LED chip, module, and luminaire designs, simulation, evaluation and new ideas for LED lamps and silicon photonics devices for telecom. Dr. Khan believes the most important aspect of her work is managing her clients' assets intelligently with the highest ethical and meticulous standards. Dr. Khan has been included in the Marquis Who's Who in 2018.
PhD, Electrical Engineering, University of Minnesota-Twin Cities
BA, Physics and Mathematics, Macalester College
IEM Asset Management, LLC is a Registered Investment Advisory Company, approved and regulated by Financial Industry Regulatory Authority (FINRA) and the State of New Jersey Bureau of Securities
AI Marketing Video Nisa Khan
Pay off your loan and credit card balance (with priority towards higher interest rates) as much as possible. If your regular income allows it, pay off the rest of the loan/credit card. Or, rather than maximizing your contribution to your 401(k), take some of that income and pay off the remaining loan/credit card debts. Once done, start contributing to your 401(k) to some extent. You are not revealing your savings. But get a meaningful financial planning done with a credible financial advisor to make sure you are systematically saving and properly investing for your future financial security.
The more debt you pay off earlier the better. If lowering living expenses is a possibility without affecting your well being, then by all means, do it now and enjoy a better financial life in the near future.
You should search for an estate attorney and draw up legal estate document specifying how you want your money distributed and disbursed based on your will.
Theoretically a company's stock price will grow over time if the inherent value of the company grows over time. The inherent value is determined by whether the company sells more of their same sustainable product to consumers and/or adds to their revenue as well as profit via new products that sell due to their better competitive edge. A stockpicker must do his or her homework in selecting stocks to buy based on very good research on companies that have both strong financials and economic moat in the industry space, provided the industry space is here to stay for a long period of time. The cash flow is a part of the company financials that must be taken into account.
If you choose to do a Roth coversion during a down market of your example, the procedure is that you take a distribution and convert those dollars towards a Roth account. The tax you owe is on the distribution amount and therefore, for your case, you would pay tax on the $10K. Whether it is advantageous to convert to a Roth IRA during a 50% down market depends on how you plan to invest the Roth assets during the down market. If your investments don't perform well going forward - the conversion won't be advantageous. Depending on how your new investments do, one can easily quantify how advantageous or disadvantageous your conversion scenario would be.