Recommend Tweet Linkedin
Financial Strategies - Retirement Income Planning - Investments - Insurance

Colin D. Murray, Principal

Murray Wealth Strategies LLC was founded on three essential ideas:

(1) That real wealth – an income one doesn’t outlive and a significant legacy to one’s heirs – can only be built and preserved through a program of lifetime investing.

(2) That the achievement of real wealth is not driven by investment "performance", but by investor behavior – which is primarily a function of making a lifetime plan and sticking to it.

(3) That, in practice, no one will ever be able to resist the behavioral traps of investing without the empathetic but tough-loving counsel of a high quality financial professional, whose functions aren’t prediction and "performance," but planning, perspective and behavior modification. Thus, the most valuable function of a financial professional is to guide clients to help them avoid making mistakes that disrupt their lifetime plan.

 

Please use this site as a resource, and do not hesitate to contact us for additional information or to schedule a financial checkup without cost or obligation.  

To receive a complimentary copy of Colin Murray's Financial News Digest, click here and fill out the form
Account Access

View Your Personal Accounts



Personal Folders

Create or Access Personal Folders

Log in or create a Personal Folder.

Newsletters

Managing Cash When Interest Rates Are Low

It's generally a good idea to keep three to six months of income in an emergency fund, but where should cash be kept when interest rates are low? This article discusses the advantages and disadvantages of savings accounts, certificates of deposit, and money market funds.

New Opportunity Under the Federal Gift Tax

The 2010 Tax Relief Act raised the lifetime gift-tax exclusion to $5 million. This means it could be a good time to make the most of tax-free gift transfers. If so, it's important to understand the annual and lifetime gift exemption limits, as well as which gifts might not be subject to them.

Growth, Value, or Both

The average annual return for large-cap value stocks was about 2.1% higher than for large-cap growth stocks, yet growth stocks outperformed value stocks in 13 out of 30 years. This article examines the difference between the two approaches and describes why holding both may help investors take advantage of a variety of market conditions.

Ways to Save More

About two out of three American workers are saving for retirement, but less than half are confident that they will save enough money to live comfortably during their retirement years. This article includes suggestions for readers to take small steps that could make a big difference when they are ready to retire.

More Newsletters →