Everyone knows the Louvre. The Venus de Milo and the Mona Lisa are among the most popular attractions in Paris. The Musée d’Orsay is also a must-visit for art lovers. This museum, located in a former train station, has several impressive art galleries. Besides the Louvre,there are also over 130 museums in Paris that are suitable for different types of interests. These include art galleries, fashion museums, and even fairgrounds. Besides having permanent collections, Paris museums also offer temporary exhibitions designed to appeal to different audiences. The Carnavalet Museum The Carnavalet Museum is located in two beautiful mansions. This free museum is dedicated to showcasing the history of Paris. It features over 200 artifacts designed to connect the visitor to the city’s past. The Cluny Museum Located in the Latin Quarter, the Cluny Museum is a must-visit for 21st-century visitors who are fascinated by the city’s history of Roman occupation. It displays various artifacts from the Gallo-Roman baths, which were built in 200 CE. These ancient remains are among the largest of their kind in northern Europe. One of the popular exhibits at the Cluny Museum is “The Lady and the Unicorn,” which features six exquisite tapestry works from 1500. This work is considered to be the Mona Lisa of the Middle Ages. The six works depict various aspects of the human body, including the senses. The sixth tapestry, which is also open to interpretation, shows the heart. In May 2022, the museum was renovated. It features various treasures, such as Sainte-Chapelle relics and Notre Dame fragments. The museum also has a beautiful little Gothic chapel from the 15th century. La Galerie Dior The museum in Paris’ La Galerie Dior is a must-visit for fashion lovers. It features 13 thematic rooms designed to bring out the best in one’s senses. The museum’s creative history is narrated through various videos, sketches, and archival documentation. Besides showcasing Christian Dior’s creations, the museum has an extensive collection of exquisite dresses. The house of Christian Dior was established in this location. It’s believed that Christian Dior’s passion for design and desire to create exquisite dresses led to the establishment of La Galerie Dior. The Museum Of Art and History of Judaism The museum’s permanent collection features artifacts from various countries, including Northern Africa, France, and Europe. Some popular exhibits include ancient Torah scrolls, Hannukah lamps, and Parisian tombstones dating back to 1281. Besides these, the museum also has original documents about the Dreyfus Affair. The Marmottan Monet Museum If you’re a fan of Claude Monet, then you’ll want to visit the Orangerie Museum, Orsay Museum, and The Gardens at Giverny. However, if you’re a fan of the artist, then the Marmottan Monet Museum is a must-visit. This museum features over a hundred of his works, which were donated by his son Michel. The museum’s new addition features a room that showcases some of the artist’s most magnificent water lilies. This room was built to allow the public to view these works of art for the first time. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post Paris Museums That Are A Must-Visit first appeared on Brooklynn Chandler Willy | Lifestyle.via Brooklynn Chandler Willy | Lifestyle https://brooklynnchandlerwilly.co/paris-museums-that-are-a-must-visit/
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Starting a business is an exciting time for anyone who wants to create a job, but there are some important questions you should ask yourself first before deciding to start on your own. It’s not just about the money or working from home, though; it’s also about ensuring that your business idea will be successful and meet your long-term and short-term goals. If you don’t want to end up with piles of debt, then take the time to consider all aspects of starting a new business. Will my product/service be profitable? Of course, without a doubt, every brand has its target audience and needs. However, you might find it difficult to determine whether your brand makes sense because you haven’t done any market research yet – which means you won’t know if you have enough customers to sustain a business. Once you’ve done market research, it’s easy to see if there is enough demand for your brand with numbers. You may find out that people may prefer cheaper options even when they are well aware of the higher prices. How much revenue can I expect? You should have no problem launching your business once all the technical issues are resolved; however, if you expect great results straight away, it’s unlikely you’ll achieve them. Instead, get ready by building up relationships and trust with potential clients and suppliers, then monitor your sales. With experience under your belt, you will be able to determine the level of support needed to help build your business and find ways to improve it if necessary. Do I have any skills required to run this type of business? If you decide to go into business for yourself, you will likely need to learn many practical skills along the way. These skills may or may not fall within your current capabilities, but you should ensure you can learn and understand them as best as possible. For example, if you want to sell your products online, you will need to understand computer programming, writing code, web design, HTML5, SEO, social media marketing, copywriting, email marketing, etc. What is the risk involved in starting this particular business? It’s important to note that while some businesses are easier to start than others, each one comes with its unique challenges. Some common ones include: having the right technology, finding customers/suppliers, managing finances and legal requirements, etc. This list goes on forever, so make sure you look carefully at what you can do before taking the plunge. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post Questions You Should Ask Yourself Before You Start a Business first appeared on Brooklynn Chandler Willy | Entrepreneurship.via Brooklynn Chandler Willy | Entrepreneurship http://brooklynnchandlerwilly.org/questions-you-should-ask-yourself-before-you-start-a-business/ Estate planning is a crucial aspect of financial management that many individuals overlook or delay. However, regardless of age or wealth, a comprehensive estate plan is essential. It reduces taxes, safeguards your loved ones, and ensures that your assets are dispersed in accordance with your preferences. This article will explore why estate planning is essential and the benefits it provides. Protecting Your Loved Ones: One of the primary reasons for estate planning is to protect your loved ones. By creating a comprehensive plan, you can designate beneficiaries for your assets, ensuring they are distributed according to your wishes. Minimizing Family Conflicts: Family disputes and conflicts can arise after your passing without a clear estate plan. By clearly stating your intentions and distributing your assets through legal channels, you can minimize the potential for disputes and ensure a smoother transition for your loved ones. Appointing Guardians for Minor Children: If you have young children, estate planning enables you to name guardians who will take care of them if you pass away suddenly. Choosing a trusted individual to take on this responsibility ensures that your children are raised according to your values and with the care they deserve. Avoiding Probate: Proper estate planning can help your loved ones avoid lengthy and expensive probate. A court certifies your will throughout the legal procedure of probate and supervises the distribution of your assets. Managing Estate Taxes: Estate planning allows you to minimize the impact of estate taxes on your assets. By utilizing various strategies such as gifting, charitable donations, and trusts, you can reduce the tax burden on your estate, leaving more for your beneficiaries. Planning for Incapacity: Estate planning is not just about what happens after you pass away—it also includes planning for potential incapacitation. You can designate dependable people to make financial and medical decisions on your behalf if you cannot do so using legal documents like a power of attorney and healthcare directive. Business Succession Planning: If you own a business, estate planning ensures a smooth ownership transition. It allows you to plan for the future of your business, designate successors, and outline the necessary steps to maintain its continuity. Protecting Assets from Creditors: Estate planning can provide asset protection for your beneficiaries. Using tools such as trusts, you can shield your assets from potential creditors and ensure they are preserved for the intended beneficiaries. Supporting Charitable Causes: Estate planning allows you to leave a legacy by supporting charitable causes that are important to you. By including charitable donations in your estate plan, you can make a lasting impact and contribute to causes that align with your values. Estate planning is not just for the affluent or senior citizens. It is an essential component of financial planning advantageous to people of all ages and socioeconomic levels. Estate planning safeguards your loved ones, prevents disputes, and leaves a lasting legacy. Consult an estate planning lawyer to develop a thorough strategy matching your interests and values. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. AP Disclosure: Asset protection plans should be developed and implemented well before problems arise. Due to the fraudulent transfer laws, asset transfers that occur close in proximity to the filing of a lawsuit or bankruptcy can be interpreted by the court as a fraudulent transfer. Proper structuring of these assets is imperative please seek proper legal and tax advice prior to engaging in re-titling/structuring of any assets. Please note that laws are subject to change and can have an impact on your asset protection strategy. The post Why Estate Planning Is Essential first appeared on Brooklynn Chandler Willy | Retirement Planning.via Brooklynn Chandler Willy | Retirement Planning http://brooklynnchandlerwilly.com/why-estate-planning-is-essential/ Stock investing can be an exciting and rewarding way to grow wealth over time. However, if you’re new to the investing world, it’s essential to understand and approach the fundamentals with knowledge and caution. This article will provide a beginner’s guide to stock investing, helping you navigate the basics and set yourself up for success. Understand the Stock Market: Start by familiarizing yourself with it and how it works. The stock market is a platform where people and organizations can purchase and sell shares of publicly traded firms. It is affected by several variables, including the state of the economy, business performance, and investor attitude. Set Clear Financial Goals: Determine your financial goals and the purpose of your investment. Are you investing for retirement, a down payment on a house, or a specific financial milestone? Setting clear objectives will help you make informed decisions and focus on your long-term goals. Educate Yourself: Take the time to learn about investing concepts, terminology, and different investment strategies. Read books, attend webinars, and explore reputable online resources to gain knowledge and confidence in your investment journey. Understanding basic financial statements and how to analyze a company’s performance is crucial. Research and Select Individual Stocks: You can consider investing in individual stocks as you gain more experience and knowledge. Research companies that align with your investment goals and study their financials, competitive position, and growth potential. Practice Risk Management: Investing involves risk, and it’s essential to manage it effectively. Diversify your portfolio by investing in different industries and asset classes to reduce the impact of any single investment’s performance. Choose a Reliable Brokerage: Select a reputable brokerage platform to execute your trades. Consider fees, customer service, user-friendly interface, and available research tools. Many brokerages offer educational resources and simulated trading accounts, which allow you to practice investing without risking real money. Develop a Long-Term Mindset: Stock investing is a long-term endeavor. Instead of trying to time the market or chase short-term gains, focus on a buy-and-hold strategy. The stock market has historically offered reliable returns over the long term, but it can be unpredictable in the near term. Maintain your investment and refrain from acting rashly in response to market volatility. Monitor and Rebalance: Review your portfolio frequently to ensure it aligns with your financial objectives and risk appetite. Selling investments that have done well and directing money to underperforming sectors will help you rebalance your portfolio if necessary. Seek Professional Advice if Needed: If you feel overwhelmed or uncertain about investing, consider consulting with a financial advisor. A professional can provide personalized guidance, help you assess your risk tolerance, and develop an investment plan tailored to your circumstances. Remember, stock investing involves risks, and there are no guarantees of returns. Staying patient, disciplined, and informed about market trends and economic developments is important. By following these tips and continuously educating yourself, you can embark on a successful stock investing journey and work towards achieving your financial goals.
DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. AA/Diversification Disclosure: Neither Asset Allocation nor Diversification guarantee a profit or protect against a loss in a declining market. They are methods used to help manage investment risk. Rebalancing Disclosure: Rebalancing/Reallocating can entail transaction costs and tax consequences that should be considered when determining a rebalancing/reallocation strategy. RT Analysis Disclosure: Risk tolerance is an investor’s general ability to withstand risk inherent in investing. The risk tolerance questionnaire is designed to determine your risk tolerance and is judged based on three factors: time horizon, long-term goals and expectations, and short-term risk attitudes. The adviser uses their own experience and subjective evaluation of your answers to help determine your risk tolerance. There is no guarantee that the risk assessment questionnaire will accurately assess your tolerance to risk. In addition, although the advisor may have directly or indirectly used the results of this questionnaire to determine a suggested asset allocation, there is no guarantee that the asset mix appropriately reflects your ability to withstand investment risk. The post Stock Investing for Beginners first appeared on Brooklynn Chandler Willy | Finance.via Brooklynn Chandler Willy | Finance http://brooklynnchandlerwilly.net/stock-investing-for-beginners/ In recent years, saunas have gained popularity as a wellness trend, offering a host of health benefits beyond relaxation and rejuvenation. Originating from Finnish tradition, saunas have become integral components of wellness routines worldwide, celebrated for their ability to promote physical, mental, and emotional well-being. If you’re looking to enhance your wellness regimen, consider adding sauna time to your routine and experience the myriad benefits it has to offer. Relaxation and Stress Relief One of the most well-known benefits of sauna bathing is its ability to promote relaxation and alleviate stress. The heat and steam in saunas help to relax muscles, soothe tension, and calm the mind, providing a welcome respite from the demands of daily life. Spending time in a sauna can induce a state of deep relaxation, allowing you to unwind, de-stress, and recharge both mentally and emotionally. Improved Circulation and Heart Health Sauna bathing promotes vasodilation, the widening of blood vessels, which can improve circulation and cardiovascular health. The heat causes blood vessels to dilate, increasing blood flow to the skin’s surface and enhancing oxygen delivery to tissues throughout the body. Regular sauna use has been associated with reduced blood pressure, improved vascular function, and lower risk of cardiovascular diseases, making it a valuable addition to heart-healthy lifestyle practices. Detoxification and Cleansing Saunas facilitate detoxification by promoting sweating, the body’s natural mechanism for eliminating toxins and impurities. Sweating in the sauna helps to flush out toxins, heavy metals, and metabolic waste products through the skin, supporting the body’s detoxification pathways. Regular sauna bathing can aid in cleansing the body of environmental pollutants, promoting clearer skin, and enhancing overall health and vitality. Muscle Recovery and Pain Relief Saunas have been used for centuries to promote muscle recovery and alleviate pain and stiffness. The heat from the sauna helps to relax muscles, reduce inflammation, and promote tissue repair, making it an effective remedy for soreness, injuries, and chronic pain conditions. Athletes and fitness enthusiasts often incorporate sauna sessions into their recovery routines to accelerate muscle recovery and enhance performance. Enhanced Immune Function Sauna bathing has been shown to stimulate the immune system, leading to increased resistance to infections and illnesses. The heat and steam in saunas induce a temporary fever-like state, which activates the body’s natural defense mechanisms and boosts immune function. Regular sauna use may help to strengthen the immune system, reduce the frequency of colds and respiratory infections, and promote overall health and well-being. Mental Clarity and Cognitive Function Sauna bathing has cognitive benefits as well, promoting mental clarity, focus, and cognitive function. The heat and steam in saunas can improve blood flow to the brain, enhance neurotransmitter activity, and stimulate the production of endorphins and other feel-good hormones. As a result, sauna bathing may help to reduce brain fog, enhance mood, and improve cognitive performance, making it a valuable tool for mental wellness. Adding sauna time to your wellness routine can provide a multitude of benefits for your physical, mental, and emotional well-being. Incorporate regular sauna sessions into your routine and experience the transformative effects they can have on your overall health and vitality. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post The Benefits of Adding Sauna Time to Your Wellness Routine first appeared on Brooklynn Chandler Willy | Lifestyle.via Brooklynn Chandler Willy | Lifestyle https://brooklynnchandlerwilly.co/the-benefits-of-adding-sauna-time-to-your-wellness-routine/ Company culture is the lifeblood of any organization, shaping its identity, values, and behaviors. As companies grow and evolve, preserving and nurturing their unique culture becomes increasingly important, especially when bringing new leaders into the fold. Hiring the right leaders who align with the company’s values and ethos is essential for maintaining a cohesive and thriving culture. Define and Articulate Company Values The first step in protecting company culture is to clearly define and articulate the organization’s core values. These values serve as guiding principles that shape employee behaviors, decisions, and interactions. Before hiring new leaders, ensure that your company’s values are well-defined and communicated throughout the organization. This clarity enables both existing employees and prospective leaders to understand and embrace the cultural expectations of the company. Assess Cultural Fit When evaluating candidates for leadership roles, assess not only their skills and qualifications but also their cultural fit with the organization. Look for candidates whose values, beliefs, and work style align closely with those of the company. Consider conducting behavioral interviews, cultural assessments, and reference checks to gauge candidates’ compatibility with the company culture. Prioritize candidates who demonstrate a genuine commitment to upholding and enhancing the company’s cultural identity. Lead by Example Company culture starts at the top, with leaders serving as role models for employees to emulate. When hiring new leaders, prioritize individuals who exemplify the desired cultural traits and behaviors of the organization. Look for leaders who embody integrity, transparency, collaboration, and a customer-centric mindset. By selecting leaders who lead by example and embody the company’s values, you reinforce the importance of culture throughout the organization. Provide Cultural Onboarding and Training Once new leaders are hired, provide comprehensive onboarding and training programs to familiarize them with the company’s culture, values, and expectations. Incorporate cultural elements into the onboarding process, including introductions to key stakeholders, immersion in company rituals and traditions, and alignment with the organization’s mission and vision. Offer ongoing training and development opportunities to reinforce cultural norms and equip leaders with the tools and resources they need to support and champion the company culture. Promote Open Communication and Feedback Foster a culture of open communication and feedback where employees feel empowered to share their thoughts, concerns, and ideas openly. Encourage new leaders to solicit feedback from their teams and colleagues regularly and to actively listen and respond to employee input. By fostering a culture of transparency and inclusivity, you create an environment where everyone feels valued and respected, contributing to a strong and cohesive organizational culture. Monitor and Evaluate Cultural Alignment Continuously monitor and evaluate the cultural alignment of new leaders to ensure they remain committed to upholding the company’s values and principles. Regularly assess leadership effectiveness, employee engagement, and cultural indicators to identify any potential areas of concern or improvement. Address any cultural discrepancies or conflicts promptly and proactively to preserve the integrity of the company culture. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post The Key to Protecting Company Culture When Hiring New Leaders first appeared on Brooklynn Chandler Willy | Entrepreneurship.via Brooklynn Chandler Willy | Entrepreneurship http://brooklynnchandlerwilly.org/the-key-to-protecting-company-culture-when-hiring-new-leaders/ Investing is a cornerstone of wealth-building and financial confidence, offering individuals the opportunity to grow their money over time. With a plethora of investment options available, ranging from stocks and bonds to real estate and cryptocurrencies, it can be challenging to navigate the diverse landscape of investment opportunities. Stocks Stocks, or equities, represent ownership stakes in publicly traded companies. Investing in stocks allows individuals to participate in the growth and profitability of companies across various industries and sectors. Stocks offer the potential for capital appreciation through rising share prices and dividends, making them a popular choice for long-term investors seeking growth opportunities. However, stocks also carry inherent risks, including market volatility and company-specific risks, so it’s essential to conduct thorough research and diversify your portfolio when investing in stocks. Bonds Bonds are debt securities issued by governments, municipalities, or corporations to raise capital. When you invest in bonds, you’re essentially lending money to the bond issuer in exchange for regular interest payments and the return of the principal amount at maturity. Bonds are prized for their relative stability and income-generating potential, making them a popular choice for income-oriented investors seeking steady returns and capital preservation. However, bond prices can fluctuate based on interest rate movements and credit risk, so it’s crucial to assess the creditworthiness of bond issuers and diversify your bond holdings to manage risk effectively. Real Estate Real estate encompasses a broad range of investment opportunities, including residential properties, commercial properties, and real estate investment trusts (REITs). Investing in real estate offers the potential for rental income, property appreciation, and portfolio diversification. Whether you’re purchasing rental properties, flipping houses, or investing in REITs, real estate can be a valuable addition to a well-rounded investment portfolio. However, real estate investing requires careful due diligence, market research, and management of property-related expenses and risks. Mutual Funds and Exchange-Traded Funds (ETFs) Mutual funds and ETFs offer investors a convenient way to gain exposure to diversified portfolios of stocks, bonds, or other assets. Mutual funds pool money from multiple investors to invest in a portfolio of securities managed by professional fund managers. ETFs, on the other hand, are traded on stock exchanges and track specific indexes or asset classes. Both mutual funds and ETFs provide diversification, liquidity, and professional management, making them popular choices for investors seeking broad market exposure and portfolio diversification with minimal effort. Cryptocurrencies Cryptocurrencies have surged in popularity in recent years as digital assets that utilize blockchain technology for secure, decentralized transactions. Bitcoin, Ethereum, and other cryptocurrencies have captured the attention of investors seeking high-risk, high-reward opportunities outside of traditional financial markets. While cryptocurrencies offer the potential for significant returns, they also carry substantial volatility and regulatory uncertainties, making them speculative investments suitable only for risk-tolerant investors with a long-term perspective. Precious Metals Precious metals such as gold, silver, and platinum have long been regarded as stores of value and hedges against inflation and economic uncertainty. Investing in precious metals can provide portfolio diversification. Investors can purchase physical metals or invest in exchange-traded funds (ETFs) that track the price of precious metals. However, it’s essential to recognize that precious metals can be subject to price fluctuations and storage costs, so they should be considered as part of a well-diversified investment strategy. The most popular investment categories offer a diverse array of opportunities for investors to grow their wealth and achieve their financial goals. By diversifying your investments across different asset classes and staying disciplined in your approach, you can build a resilient investment portfolio that stands the test of time. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. Cryptocurrency Disclosure: Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Cryptocurrencies are not covered by either FDIC or SIPC insurance. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Purchasing cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. AA/Diversification Disclosure: Neither Asset Allocation nor Diversification guarantee a profit or protect against a loss in a declining market. They are methods used to help manage investment risk. REIT Disclosure: A REIT is a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate. There are risks associated with these types of investments and include but are not limited to the following: Typically no secondary market exists for the security listed above. Potential difficulty discerning between routine interest payments and principal repayment. Redemption price of a REIT may be worth more or less than the original price paid. Value of the shares in the trust will fluctuate with the portfolio of underlying real estate. Involves risks such as refinancing in the real estate industry, interest rates, availability of mortgage funds, operating expenses, cost of insurance, lease terminations, potential economic and regulatory changes. This is neither an offer to sell nor a solicitation or an offer to buy the securities described herein. The offering is made only by the Prospectus. MF/ETF Disclosure: Mutual Funds and Exchange Traded Funds (ETF’s) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest. Precious Metals Disclosure: All investments involve risk – coins and bullion are no exception. The value of bullion and coins is affected by many economic circumstances, including the current market price of bullion, the perceived scarcity of the coins and other factors. Therefore, because both bullion and coins can go down as well as up in value, investing in them may not be suitable for everyone. Since all investments, including bullion and coins, can decline in value, you should understand them well, and have adequate cash reserves and disposable income before considering a bullion or coin investment. The post The Most Popular Investment Categories first appeared on Brooklynn Chandler Willy | Finance.via Brooklynn Chandler Willy | Finance http://brooklynnchandlerwilly.net/the-most-popular-investment-categories/ Retiring early is a dream for many individuals seeking to enjoy more leisure time, pursue personal passions, or simply escape the daily grind of work. However, early retirement requires careful planning and consideration to help provide financial stability and fulfillment in the long term. Whether you’re contemplating an early retirement or already on the path toward it, here are key factors to consider to help you make informed decisions and achieve your retirement goals. Financial Preparedness Early retirement hinges on financial preparedness, so it’s essential to assess your financial situation carefully. Determine your retirement expenses, including housing, healthcare, travel, and leisure activities, and estimate how much income you’ll need to cover these costs. Consider factors such as inflation, healthcare expenses, and unexpected emergencies when calculating your retirement nest egg. Aim to save enough to sustain your desired lifestyle throughout retirement, factoring in a longer retirement horizon if you’re retiring early. Savings and Investments Building a robust savings and investment portfolio is crucial for early retirement success. Maximize contributions to tax-advantaged retirement accounts such as 401(k)s, IRAs, and HSAs to take advantage of compounding growth and tax benefits. Consider diversifying your investments across asset classes such as stocks, bonds, real estate, and alternative investments to help manage risk and potentially maximize returns. Regularly review and adjust your investment strategy to align with your retirement goals and risk tolerance. Debt Management Managing debt is critical when planning for early retirement. Prioritize paying off high-interest debt such as credit cards and loans to reduce financial burdens and free up cash flow for retirement savings. Consider refinancing or consolidating debt to lower interest rates and accelerate debt repayment. Avoid taking on new debt and maintain a disciplined approach to spending to achieve financial freedom and flexibility in retirement. Healthcare Coverage Healthcare costs can be a significant expense in retirement, particularly for early retirees who may not yet be eligible for Medicare. Investigate healthcare coverage options, including COBRA, individual health insurance plans, or employer-sponsored retiree health benefits. Consider the cost of premiums, deductibles, copayments, and out-of-pocket expenses when evaluating healthcare coverage options. Additionally, explore health savings accounts (HSAs) as a tax-advantaged way to save for medical expenses in retirement. Social Security and Pension Benefits While early retirees may not have access to full Social Security benefits immediately, understanding your eligibility and options is essential for retirement planning. Determine your projected Social Security benefits based on your earnings history and retirement age, and consider the impact of claiming benefits early versus delaying to maximize payouts. If you’re entitled to a pension, review the terms and conditions of your pension plan and explore payout options that align with your retirement goals. Lifestyle and Leisure Activities Early retirement offers the opportunity to pursue passions, hobbies, and leisure activities that bring joy and fulfillment. Consider how you envision spending your time in retirement and factor these lifestyle choices into your retirement planning. Whether it’s traveling, volunteering, pursuing hobbies, or spending time with loved ones, prioritize activities that enhance your quality of life and bring meaning to your retirement years. Retiring early is an achievable goal with careful planning, discipline, and foresight. Consult with financial advisors or retirement planners to develop a personalized retirement strategy tailored to your unique goals, circumstances, and aspirations. With proper planning and execution, early retirement can be a rewarding chapter in your life journey. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. Diversification Disclosure: Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Alternative Investing Disclosure: Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses. They are not tax efficient and an investor should consult with his/her tax advisor prior to investing. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. The value of the investment may fall as well as rise and investors may get back less than they invested. SSA Disclosure: Not associated with or endorsed by the Social Security Administration or any other government agency. SSA Max Disclosure: Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits. The post Key Factors to Consider If You Plan on Retiring Early first appeared on Brooklynn Chandler Willy | Retirement Planning.via Brooklynn Chandler Willy | Retirement Planning http://brooklynnchandlerwilly.com/key-factors-to-consider-if-you-plan-on-retiring-early/ In the dynamic landscape of business, crises are an inevitable reality. Whether it’s a natural disaster, a cyberattack, a public relations nightmare, or a global pandemic, unexpected challenges can disrupt operations and threaten the viability of even the most resilient organizations. However, how a company responds to a crisis can make all the difference between survival and irreparable damage to its reputation and bottom line. Develop a Comprehensive Crisis Management Plan:Assessment and Preparation: Identify potential crisis scenarios impacting your business and assess the associated risks. Develop protocols and procedures for each scenario, outlining clear roles and responsibilities for key personnel. Establish communication channels and escalation procedures to ensure a swift and coordinated response. Training and Drills: Regular training sessions and crisis simulations are essential for preparing employees to respond effectively during a crisis. Conduct drills to test your crisis management plan’s efficacy and identify improvement areas. Encourage open communication and empower employees to take decisive action when necessary. Prioritize Communication and Transparency:Timely and Transparent Communication: During a crisis, communication is paramount. Keep stakeholders, including employees, customers, suppliers, investors, and the media, informed of developments. Provide accurate and timely updates, acknowledging the severity of the situation while conveying a sense of control and confidence in your ability to manage the crisis. Designated Spokesperson: Designate a spokesperson or crisis communications team responsible for managing external communications. Ensure that they are trained in media relations and equipped to handle inquiries from the press and other stakeholders. Centralizing communication efforts helps maintain consistency and avoids conflicting messages. Adopt a Flexible and Adaptive Approach:Agility and Adaptability: In the face of uncertainty, businesses must be agile and adaptable in responding to crises. Open to alternative solutions and be prepared to pivot quickly as circumstances evolve. Foster a culture of innovation and resilience within your organization, encouraging employees to embrace change and explore creative solutions. Scenario Planning: Anticipate potential scenarios and develop contingency plans to mitigate risks and minimize disruption to operations. Consider the impact of various crisis scenarios on your business, such as supply chain disruptions, workforce shortages, or reputational damage. By proactively planning for contingencies, you can reduce the impact of crises and expedite recovery efforts. Prioritize Stakeholder Welfare and Corporate Responsibility:Employee Support and Well-being: During a crisis, prioritize the safety and well-being of your employees. Implement measures to support remote work, ensure access to healthcare resources, and assist employees facing personal hardships. Demonstrate empathy and compassion toward your workforce, recognizing the challenges they may be facing outside of work. Corporate Social Responsibility: Engage with your local community and demonstrate corporate social responsibility by supporting those affected by the crisis. Donate resources, volunteer time, or assist charitable organizations working to address the needs of vulnerable populations. By contributing to relief efforts, businesses can strengthen their reputation and build goodwill among stakeholders. Learn and Adapt from Each Crisis:Post-Crisis Evaluation: After the dust settles, conduct a thorough post-crisis evaluation to assess your response’s effectiveness and identify improvement areas. Gather feedback from stakeholders, analyze the strengths and weaknesses of your crisis management plan, and implement corrective actions to enhance preparedness for future crises. Continuous Improvement: Crisis management is an ongoing process of learning and adaptation. Incorporate lessons from past crises into your crisis management strategy, updating protocols and procedures to address emerging threats and changing circumstances. By continuously refining your approach to crisis management, you can strengthen your organization’s resilience and ability to withstand future challenges. Effective crisis management is essential for businesses to navigate challenges with confidence and resilience. By developing a comprehensive crisis management plan, prioritizing communication and transparency, adopting a flexible and adaptive approach, prioritizing stakeholder welfare and corporate responsibility, and learning and adapting from each crisis, organizations can effectively mitigate risks, minimize disruption, and emerge stronger in adversity. Crisis management is not just about weathering the storm; it’s about arising from it stronger and more resilient than ever. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post Crisis Management in Business: Strategies for Navigating Challenges first appeared on Brooklynn Chandler Willy | Entrepreneurship.via Brooklynn Chandler Willy | Entrepreneurship http://brooklynnchandlerwilly.org/crisis-management-in-business-strategies-for-navigating-challenges/ In an era dominated by screens and social media, how we connect and communicate has profoundly transformed. While digital technologies have made staying in touch with friends, family, and colleagues easier, they have also posed new challenges to building and maintaining meaningful relationships. Embrace Authentic CommunicationAuthenticity is a rare and precious commodity in a world of curated social media profiles and carefully crafted personas. Building meaningful relationships requires genuine, open communication that goes beyond surface-level interactions. Instead of relying solely on text messages and emojis, make an effort to engage in meaningful conversations that truly allow you to connect with others. Whether through video calls, voice chats, or face-to-face meetings, prioritize quality over quantity in your interactions. Cultivate Empathy and UnderstandingEmpathy is the cornerstone of meaningful relationships, enabling us to deeply understand and connect with others. In the digital realm, it’s easy to overlook the human behind the screen and misinterpret messages or intentions. Practice active listening, seek to understand others’ perspectives, and empathize with their experiences, even if they differ from your own. You can foster stronger bonds and bridge the gap between virtual and real-world connections by cultivating empathy and understanding. Prioritize Quality Over QuantityIn the age of social media algorithms and constant notifications, it’s tempting to prioritize quantity over quality in our relationships. However, true fulfillment comes from cultivating a few meaningful connections rather than amassing many superficial acquaintances. Focus on nurturing relationships with individuals who share your values, interests, and aspirations, investing time and effort in building genuine connections that stand the test of time. Be Present and MindfulIn a hyperconnected world filled with distractions, being present and mindful is more important than ever. When engaging with others, whether online or offline, practice mindfulness and focus your attention fully on the conversation. Minimize distractions, such as checking your phone or multitasking, and give the other person your undivided attention. Being present in the moment can deepen your connections and create meaningful memories that last a lifetime. Seek Shared ExperiencesShared experiences have a unique ability to strengthen bonds and create lasting connections. Instead of relying solely on digital communication, seek opportunities to engage in meaningful activities with others. Whether exploring a new hobby, volunteering for a cause you care about, or embarking on an adventure together, shared experiences provide opportunities for bonding and creating shared memories. By actively seeking shared experiences, you can deepen your connections and enrich your relationships meaningfully. Practice Gratitude and AppreciationGratitude is a powerful tool for building meaningful relationships and fostering a sense of connection and belonging. Take the time to express appreciation for the people in your life and their positive impact on you. Whether it’s a heartfelt thank-you message, a handwritten note, or a small gesture of kindness, expressing gratitude strengthens bonds and reinforces the value of your relationships. By cultivating a mindset of gratitude, you can nurture meaningful connections and cultivate a sense of mutual appreciation and respect. Building meaningful relationships in the digital age requires intentionality, authenticity, and a willingness to prioritize connection over convenience. By embracing authentic communication, cultivating empathy and understanding, prioritizing quality over quantity, being present and mindful, seeking shared experiences, and practicing gratitude and appreciation, you can foster genuine connections that enrich your life and bring joy and fulfillment to those around you. In a world where digital distractions abound, meaningful relationships are more important than ever, serving as anchors of support, companionship, and belonging in an increasingly interconnected world. DISCLOSURE Investment advisory services offered through Queen B Advisors, LLC, a Registered Investment Advisor, which does business as (d/b/a) Texas Financial Advisory. Insurance products, tax preparation services, and estate planning services are offered through Texas Insurance Advisory, Texas Tax Advisory, and Texas Estate Advisory, respectively, all of which also do business as Texas Financial Advisory. Insurance products, tax preparation, and estate planning are offered separate from investment advisory services. Neither Queen B Advisors nor Texas Financial Advisory offer tax or legal advice. The post Building Meaningful Relationships in the Digital Age first appeared on Brooklynn Chandler Willy | Lifestyle.via Brooklynn Chandler Willy | Lifestyle https://brooklynnchandlerwilly.co/building-meaningful-relationships-in-the-digital-age/ |
AuthorFor a dedicated and knowledgable partner in investment and insurance, look no further than Brooklynn Chandler Willy – JD RFC CDFA – a financial services professional specializing in Retirement Planning. Operating in San Antonio, Texas, Brooklynn is the President of Texas Financial Advisory, which she founded in 2008. Archives
February 2024
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