Utah Financial Planner Seeks Community Involvement While Developing E-Book
PRLog (Press Release) –
Jun 29, 2009 – Over the next month, a fee only financial planner based in Salt Lake City, Utah be posting a blog entry every day. Each post will describe a common financial term in casual and understandable language.
The premise of this activity is that people should never invest in something they don’t understand. For example, should people invest in a machine that prevented people from aging? Such an invention could be very lucrative. Everyone on the planet could use it, and would likely pay handsomely for such a machine. However, would it be a good idea to invest in the machine without understanding how it worked? Probably not.
First, it sounds like the type of machine wherein much could go wrong, so it would be a good idea to familiarize oneself with the risks of using the machine. Second, a machine that sounds too good to be true likely is. People should understand the details of the machine so they don’t get scammed. Lastly, what are the opportunity costs of using the machine? If we live forever, are we going to miss out on some unbelievably great after-life?
Through his fee only financial planning practice, Lon Jefferies realized that many of the commonly used terms in the financial world are not clearly understood by people outside the profession (and in many cases, even by “financial experts”). There are the abbreviations: IRA, SEP, ETF, S&P, and REITS. There are the numbers: 401k, 403b, 529, rule of 72. What about investment options such as bonds, preferred stocks, derivatives, hedge funds, and annuities? Should people really be investing in any of these tools if they don’t understand them?
“I hope to provide some valuable education to the online community,” said Mr. Jefferies, a financial planner at Net Worth Advisory Group in Salt Lake City, Utah. “People often invest in an IRA without knowing what an IRA is. In some cases, they think the IRA itself is the investment, and don’t realize that a commission-based financial planner has them invested in inferior products that pay the advisor ridiculous fees. My goal is to provide investors with the tools to level the playing field with their financial advisors.” Once the blog is completed, Mr. Jefferies intends to make an e-book out of the postings, and make the book available online for free.
Mr. Jefferies is asking for help with this task. “If there are any items or issues people would like defined, please drop me a note. If you are unclear on something, there are many people who would benefit from information relating to your concern.”
People can follow the daily blog by visiting http://www.utahfiancialadvisor.blogspot.com. People can leave comments or opinions about what they would like defined on the blog or by emailing Mr. Jefferies at lon@networthadvice.com.
Learn more about Net Worth Advisory Group at http://www.networthadvice.com, and learn more about Lon Jefferiesby visiting http://www.utahfinancialadvisor.blogspot.com
About Lon
Lon Jefferies is an investment advisor representative with Net Worth Advisory Group, a fee-only financial planning firm. He is a member of the National Association of Personal Financial Advisors (NAPFA) and a candidate for CFP™ certification. He possesses an MBA and bachelor’s degrees in Finance and Marketing from the University of Utah. Lon has written articles for local magazines such as Business Connect and Utah CEO and has been quoted nationally in publications such as the NY Times and Investment News.
Contact
801.566.0740
lon@networthadvice.com
# # #
Fee-Only Financial Planner
Net Worth Advisory Group
6975 Union Park Center, Suite 465
Midvale, UT 84047
- Discount Black Agate from bjbead.com
- NEW TALK SHOW: Meet The Sales Experts debuts on www.GlobalTalkRadio.com
- Quad Band T929 Tv Cell Phone With Dual Sim Cards
- Veridion signs new partner in China
- PennyStockChaser.com Alert: EXP Closed at $1.22 with more to come.
- John Thackara is exclusively represented by CSA Celebrity Speakers
- Technology and Management Solutions Helps Rare Space Strengthen and Grow
- Ten CIOs from India make it to InformationWeek’s Global CIO 50 List
- Six Month CD Rates for June 5, 2009 from SelectCDrates.com
- Fed: $8,000 Tax Credit Can Now Be Used As Downpayment on Home-BostonResidentialHomes.com
- Discount Alaqueca from bjbead.com
- Connecting GCC, Malaysian and Indonesian Islamic finance industries
- Merchant loans - Fast Funds for Merchants
- Better City, Better Life
- HVAC Duct Calculations, HVAC Duct fittings, HVAC Duct Design
PRLog (Press Release) – Jul 09, 2009 – Black agate, known as longevity stone, can promote one’s happiness and prosperity. It brings good luck to its wearer and release pressure. Black agate helps increase courage. It can also reduce evil spirits, jealousy and depression. Discount Black agate will r
PRLog (Press Release) – Jun 20, 2009 – Global Talk Radio (http://www.globaltalkradio.com) proudly announces the launch of Dave Kurlan’s new talk show, “Meet The Sales Experts”! The program airs live Wednesdays at 12noon ET / 9am PT, and archives are available for 24/7 on-demand streaming at: http:
PRLog (Press Release) – Jul 13, 2009 – Specifications Camera:2.0M pixels Playback Formats:MP3,MP4,3GP,AVI,JPG FM radio Tune:Built-in FM Radio Tuner Game:Built-in small games Voice Record:support TV Tuner:Built-in TV tuner Bluetooth:Bluetooth 2.0 SIM Slots:2 SIM Slots+Dual Network Standby Data Conne
PRLog (Press Release) – Jun 02, 2009 – “We are delighted to sign a partnership with the leading independent information security service provider in China” commented Eric Lachapelle, CEO of Veridion. “Aryasec has the required sets of skills and personnel to adequately cover the Chinese market’. “We
PRLog (Press Release) – Jun 17, 2009 – Every trading day PennyStockChaser.com sifts through thousands of stocks to identify those stocks that are poised and ready to move up. Why Penny Stocks? Penny Stocks are the only investments that can give a quick return of 100-1000%. Newark, Delaware - At Pen
PRLog (Press Release) – Jul 14, 2009 – John Thackara founded the international conference and design futures network Doors of Perception and he is clearly a key player in the international dialogue on the future of the planet. John Thackara joins the ranks of CSA Celebrity Speakers and the leading
PRLog (Press Release) – Jul 03, 2009 – Boulder, Colo. (June 24, 2009) – Technology and Management Solutions, LLC, a Boulder-based management consulting firm headed by Theresa M. Szczurek, is helping firms grow and thrive — even with a weak economy. Technology and Management Solutions (TMS) has be
PRLog (Press Release) – Jun 09, 2009 – Ten CIOs (Chief Information Officers) from leading Indian organizations spanning diverse industry verticals have made it to the first-ever Global CIO 50 List instituted by InformationWeek, the business technology market’s leading multimedia brand. The CIOs f
PRLog (Press Release) – Jun 07, 2009 – The best six month CD rates slumped measurably for the week ending June 5, 2009. Seven of the top ten best CD rates with a six month term are lower for the week. The average for current list of the top ten highest CD rates displayed an increase from 2.05% to
PRLog (Press Release) – Jul 21, 2009 – Boston Massachusetts, Real Estate: www.BostonResidentialHomes.com Governor Deval Patrick and MassHousing announced that buyers are now able to monetize the First-Time Homebuyer Tax Credit! Masshousing’s new loan program allows first-time home buyers to “moneti
PRLog (Press Release) – Jul 06, 2009 – Alaqueca is a green stone with bright red spots. It also occurs in shades of dark green with red, brown and multicolored spots. It is the iron minerals that cause the deep red and brown colors. It is dark-green variety of the silica mineral chalcedony that ha
PRLog (Press Release) – Jul 22, 2009 – The Islamic Finance - Reality and Outlook seminar September 26-30 in Indonesia provides a connection with GCC, Malaysian and Indonesian finance industries. This cross border and international event will have speakers from several countries, positions and organ
PRLog (Press Release) – Jun 26, 2009 – Merchant Resources International provides a fast and easy way for small business owners to secure business funds. Through its merchant loans program, MRI provides small business owners completely unsecured business funds with a flexible repayment program. Req
PRLog (Press Release) – Jun 14, 2009 – source: http://expo.busiunion.com Better city, better life is the theme of the Expo 2010 Shanghai, which focuses on the quality of urban life and intends to resolve the challenges posed by large cities in the future and the unstoppable urban growth into the ne
PRLog (Press Release) – Jun 27, 2009 – MEP Design Services is a leading HVAC solution provider for all your HVAC (Heating, Ventilating & Air Conditioning) load calculation and system design requirements. The company has specialized in providing high precision and efficient HVAC load design services