In this article for Business 2 Community, Cindy shares best practices for protecting businesses from cybercriminals, especially during these uncertain times when attention may be diverted. Applicable to companies large and small, Cindy’s advice regarding cybersecurity is especially relevant during the coronavirus pandemic.
When asked by the Richmond Times Dispatch about financial planning advice during a crisiis, Michael Joyce suggests building an emergency fund of 3-6 months living expenses and finding ways to contribute more to retirement plans. Michael reminds us that we may live 30 years during retirement – so we should match retirement plan allocations to our long-term investments time horizon.
We are proud to announce that Michael Joyce has once again been named to Barron’s Top 1200 U.S. Financial Advisors. This is quite an achievement and distinction. Congratulations Mike! And many thanks to all of our clients whom Michael and the entire Agili team greatly appreciate.
Michael spoke with the Richmond Times-Dispatch (Richmond.com) about recent market uncertainty. While Michael understands this is a scary time, he believes, “This too shall pass.” He said anyone who has a diversified portfolio “has the downside mitigated” — and the correction will run its course.
Michael informs NBC12 viewers that, “[e]ven one or two missed or late payments will negatively impact your credit score — and it will take a long time to rebuild.” One thing that helps improve credit scores? Automatic bill-paying!
Michael warns NBC12 viewers, “Don’t take out a 401(k) loan unless it’s a real emergency. You’ll be stealing from your future.” That’s great retirement planning advice.
NBC News asked Michael for his take on the possible economic impact of Bolton testifying, “I don’t think it’s going to have…a longer-term impact, but I do think there [will] be more volatility this year than we saw last year.” He added that even if there were a correction after Bolton’s potential testimony, strong economic fundamentals would help mitigate the duration of potential volatility and facilitate the market’s recovery.
Michael sat down with Rachel DePompa of NBC12 to suggest ways to improve credit scores. One suggestion is to use automatic bill-pay – so that bill payments are never late!
In a recent guest article for Lehigh Valley Business Journal, Michael suggests that investors and advisors thoroughly research possible investments first! Before pulling the trigger, Michael recommends performing a SWOT analysis on possible investments, determining sustainable competitive advantages and threats, and discovering how risk is measured.
Michael sat down with Rachel DePompa of NBC12 and said that his best advice for young adults starting their first real job is for them to get started saving right away into an IRA or 401(k). If they don’t see the income, they won’t miss it.
Michael spoke with Rachel DePompa of NBC12, about the advice he provided his sons when entering the workforce. He said to take advantage of any company match, “Don’t leave money on the table.” He recommends immediately putting 10% of their salary into a 401(k), “If you never see that money in your actual paycheck, then you won’t miss it.” In this way, it’s possible to get to a million by retirement age.
Nigel Williams was profiled in the Richmond Times Dispatch’s “Making a Difference” column. By using his time away from Agili to teach art at a juvenile detention center and to coach high school football, Nigel is a great ambassador for our firm. His talent on the football field has been known to those at Benedictine, Virginia Tech and even the NFL, and now his character and community contributions are being recognized by others. We’re impressed and inspired!
The new year is just around the corner. Michael Joyce, sat down with Rachel DePompa of NBC12 to discuss setting realistic savings goals in 2020 – such as contributing 1% more to your 401(k) or 529 plan. Michael suggests paying yourself first by automating payments to achieve your financial goals.
Cindy Joyce discusses with Business 2 Community how offering employees flexiblility benefits businesses. In this busy, hectic world (and tight labor market), allowing employees to have flexible work arrangements can lead to lower turnover and absenteeism, not to mention higher productivity and employee engagement.
Michael Joyce discusses the necessity for adequate disability insurance coverage with Rachel DePompa of NBC12. Since a 40 year-old male is three times more likely to become disabled before the age of 65 than to die before age 65, having enough disability coverage is imperative for financial well-being. He also reminds viewers that life insurance is not a life-long need.
Michael Joyce spoke with Virginia Business about navigating the next recession. He warns against trying to time the market and suggests focusing on long-term goals and objectives. He recommends being less aggressive investment-wise and suggests pruning positions that are pretty fully valued now and looking for high quality investments.
Michael Joyce sat down with Rachel DePompa of NBC12 and recommended activating multi-factor authentication whenever possible. To reduce cyber-security risks, Michael suggests utilizing this safety feature for everything from bank accounts to social media accounts.
In this article for Business 2 Community, Cindy Joyce shares her insights with fellow business owners about the power of conducting an annual client survey. Asking current clients about their experience allows a business to hear honest feedback and demonstrates a commitment to continuously improve the client experience – which ultimately helps a business grow.
In her recent article for Business 2 Community, Cindy Joyce shares tips for hosting a successful annual company retreat. 80% of companies do not gather in this way each year – but Agili has seen the significant benefits of our annual company retreat. Cindy explains that you don’t have to break the bank in order to engage and energize employees during a retreat!
In this article for The Wall Street Journal, Agili’s resident college financial aid expert, Carrie Fellon, provides her insights on FAFSA and divorce. Careful and accurate FAFSA form completion is a must!