Goodstein Wealth Management, LLC
Matthew’s natural tendency to go the extra mile, whether at work or sports, is the foundation of his financial practice. After several successful years in the mid cap venture capital space, Matthew was drawn to the personal side of finance: his dedication to his clients stems from personal experience after witnessing his parents’ struggles to secure their own financial future. He realized the market was ready for an advisor who stuck to the fundamentals of solid, long term investing.
After relocating from the Midwest, Matthew settled in Los Angeles and shortly thereafter joined forces with Alan Goodstein, CFP. As Alan’s business partner, Goodstein Wealth Management offers 25+ years of market experience, coupled with renewed energy and a fresh outlook for the next generation of clients.
Matthew is married to Anja Liisa Garcia Murawski where they reside in West Los Angeles.
BA, Business, Penn State
We just had our state audit and the state of California just required us to bill monthly instead of quarterly for clients. So that is not a red flag. Normally the advisor is just paid right out of the funds electronically, so other than you having to send a check which seems archaic, it looks solid to me.
I hope this help!:)
This is a fun one!
So here's what you're looking at..
With the bond, you run very little risk that an A rated company will go under and not be able to service their debts, but you're fixed at 3%
With the stock, you risk the stock depreciating and or lowering their dividend, HOWEVER if you've done solid research on the company and think you can benefit from not only dividend growth BUT stock appreciation then you stand to gain more by buying the stock.
Risk v Reward. How much risk do you want to take?
I hope this is of value!:)
I don't want to drop the bomb right away here, but it would be unsuitable to tell you to do this or not without much more investigation into your situation..
What I can tell you to do is to budget out how long it would take you to widdle your debt down with your income first since you have a good job. It would be nice to let your IRA grow over the next 7 years or as long as you can until your required distributions take place or you need income.
Debt settlement will crash your credit, but if you're not going to need credit for 7 years or so it may be a viable option to pay down the debt quickly.
There are a lot of unknowns here to give a solid yes or no such as how much income you'll need in retirement, how long you are going to work for.
I hope this can steer you in the right direction.
You're killing it!
You don't need advice, keep doing what you're doing!
I hate to tell you, but you're on the wrong site for this question.
I would suggest locating your local society of CPA's who would be able to nail this down for you.