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Welch Investments

Medicare – What You Must Do Right Now

If you are on Medicare, you are facing a quickly approaching deadline and making changes could save you thousands of dollars. My partner, Kimberly Reynolds, MS, CFP® gives tips on how to research and find the best plan for you in 2018. Stewart:  What is the deadline to make changes for 2018? Kimberly: Medicare open […]

100 Rules of Success: Be Your Word

100 Rules of Success: Be Your Word

What follows is the continuation of success habits that will become part of a book I’m writing, “100 Rules of Success”. RULE:  Be Your Word Trust is a fleeting asset; hard to earn, incredibly easy to lose, and once lost, it’s almost impossible to fully regain.  A few years ago, a friend and I invested […]

100 Rules of Success: Advice for New Employees (and Old)

What follows is the continuation of success habits that will become part of a book I’m writing, “100 Rules of Success”. RULE:  Lights On; Lights Off Do you remember the movie, ‘The Karate Kid’?  One of the most memorable scenes was when master martial artist, Mr. Miyagi, agrees to train Daniel in the art of […]

100 Rules of Success

100 Rules of Success

Some people think that successful people are successful because they have been lucky.  Yes, luck does seem to play a role but my experience of working with hundreds of self-made multimillionaires is that luck is a byproduct of getting clear on what you want and then pursuing it relentlessly.  In fact, I believe that success […]

Flood Insurance Misconceptions

Avoid This IRA Rollover Trap

Reader Question: I was unaware of the once per year rule, and in 2016 I took a partial distribution simultaneously from two different IRAs: one Traditional and one Roth. I took these distributions twice within a six-month period in 2016. Both times, I returned the funds, to the penny, within 60 days, back into the […]

Hurricane Aftermath: Misconceptions about Flood Insurance

The only thing worse than enduring significant damage in a hurricane is realizing that your insurance company won’t cover your claim. According to a Texas insurance group, only about 15 to 20 percent of homeowners in Houston and Corpus Christi are insured for flooding — everyone else was out of luck after Hurricane Harvey struck. […]

Your Identity Has Been Stolen, Now What?