Echo Huang's Blog, page 6
July 13, 2020
Are All Your Eggs in the Proverbial “One Basket?”
In our next few chats, I want to explore what’s in your financial basket. Are all your eggs in one basket? Do you even know what’s in your basket? There are strategies you can implement to maximize your tax savings. Everyone likes to save money, right? And certainly we all want to decrease our taxes. Come along with me as I introduce you to my eight tax strategies.
...
June 30, 2020
Who are Your Financial Special Teams Players?
If you know football even just a little bit, you know there are different positions with different purposes and skill sets. There is the offense, run by the quarterback, the defense, and then the special teams unit. All have unique responsibilities, but not all play the same amount of time or have the same amount of influence.
As mentioned in
...
June 25, 2020
Who is on Your Financial Dream Team?
In our last few chats we have talked about
the “how”
and
the “what”
and the elements of forming a solid investment plan. Today, we are going to discuss the “who” and the “why.” Who...
June 19, 2020
Echo Huang Featured on The Authors Unite Show
Own Your Future
that was released on June 9, 2020. She shared her unique personal story, and discussed some investment strategies including hedged equity and structured notes to deal with current stock market volatility and the 0% interest environment.
June 17, 2020
Having That Perfect Game Plan
Do you love football? Do you watch the calendar for that first game of the new season in the fall?
Have you ever wondered what the coaches do during the off season? Are they off on an island vacation, resting and relaxing from a long season? I would bet that most would love to do that, but probably more important to them, is beginning to think about the next football season.
...
June 16, 2020
College Costs Women More – But We Can’t Get Mad About It
Financial literacy classes could also help level the playing field. “I believe students should be required to learn about budgeting, loans, prepare a simple tax return, basic insurance, retirement planning and investing principles,” says Echo Huang, CFA, Founder and President of Echo Wealth Management. She encourages people to work with local lawmakers to put these measures in place.
This is a...
How to Save for Retirement During the Coronavirus Crash
"Some people with the means to save for retirement may know they need to do so, but they often have difficulty sacrificing present consumption because of a lack of self-control," notes Echo Huang, CFA, CFP®, CPA, founder and president of Echo Wealth Management. "These people may find excuses not to do so, like 'It's hard to make money in the stock markets now,' or 'I'll save and invest later when t...
June 15, 2020
Echo Huang Featured on the Wine and Dime Podcast
June 5, 2020
Is Your Investment Portfolio a Recipe for Success?
Do you enjoy eating or baking that molten chocolate lava cake? If so, you know how important a good recipe is. There are certain amounts of specific ingredients which need to be added together to create that sensational end product: a delicious dessert. (I could have used a building-a-home analogy, but lava cake just sounded so much more enticing.) Financial portfolios are similar in that there are certain items in certain amounts necessary to construct a solid ...
June 2, 2020
Five Easy Steps to a Solid Investment Plan
Have you ever attended a wedding reception and your first thought was WOW? You were so impressed by the décor, the flowers and the food presentation. That “wow” took some planning to pull off.
One of my
guiding principles
that I share...
