Akin Investment Advisory
Sole Proprietor, CCO
With over 30 years of investing experience Stephen Akin has always wanted to open his own advisory business. On January 4th, 2016 his dream came true! He offers truly unbiased advice for his client "your success is my only interest".
As a boy in Houston, Texas Stephen enjoyed boating and fishing with his family on Galveston Bay. By the late 1970's he held a US Coast Guard Captains License and then a Merchant Marine Masters Certificate in the early 1980's where he worked for Seal Fleet, Inc. and Hornbeck Offshore, inc.
Stephen entered the investment world with the passing of his NASD Series 7 & 63 exams in 1984 and worked with Paine Webber, Inc. and Dean Witter Reynolds, Inc. He passed the FINRA Series 65 exam August 2015.
Assets Under Management:
As a native Texan born and raised in the Houston-Galveston area here is my answer to a question that I couldn't resist.
The iPath Series B Bloomberg Livestock Subindex Total Return Exchange Traded Notes, Ticker symbol COW.
This investment vehicle is able to trade in both cattle and hog futures. It is obviously subject to volitility and from my research is dependent upon Braclays Bank PLC to meet obligations
as they become due. The cusip is 06746P498 It began January 17, 2018 and matures January 23, 2048. As of 12/31/18 Closing Market Value was $48.93. Market Cap $7,830,170
with a float of 160,028. YeeHa! I think I'll stick to T-bones and Filets!
Best of luck trading this one!
Not necessarily. If you are not currently filing quaterly and have your employer withhold your taxes then simply adjust your W 4.
Remember, if you are making that conversion. DO NOT take the money from the account. Lowering the balance on that investment account could
cost thousand in potential growth. Be sure to pay with taxable dollars.
Max out your IRA contribution. The government is incentivizing you to make the investment. If you have a retiremnt plan at work where your
company has a match of your investment by all mean max that out as well.
The time value of money is so very important. Work out a plan that pays yourself FIRST!
The creditors will take what they can get.
My advice is don't do it if there is any other way. Some stock brokers might say yea! Go ahead borrow all you can and lets invest it. That might work if you lucky and your
timming is better than most pros.
Keep that paid off free and clear deed in the safe deposit box.
I think if you want to improve your credit score you'll find your creditors will ultimately work with you no matter how threatning they sound. It's a more conservative approach
and over time your credit score will improve.
As a general rule keeping three months of your monthly expenses
Should be kept in you checking account. The remainder could be deployed elsewhere depending on your specific situation.