Fred Leamnson

Fred is the Founder and President of Leamnson Capital Advisory, LLC. He helps people preparing for and in retirement with financial, retirement, Social Security, and estate planning. At Money with a Purpose, he focuses on three primary areas: Personal Finance, Overcoming Adversity, and Lifestyle. He has been quoted in Forbes, USA Today and appeared in Money Magazine and MarketWatch, and many other publications.

Alternative Investments – They’re Not Just for the Wealthy

Alternative Investments - Are They Just for the Wealthy?
Alternative Investments – Are They Just for the Wealthy?

Alternative Investments – Are They Just for the Wealthy?

We hear a lot these days about alternative investments. Wall Street firms regularly tout their expertise in these investments and try to convince us we need them in our portfolio.

Initially, alternative investments were only available to what most would consider the wealthy.

The SEC set the definition of the wealthy with their accredited investor definition. To be eligible to invest in these alternative investments, one has to have an income of at least $200,000 (individual) or $300,000 (joint) for the last two years. Additionally, the rule states the investor expects income to continue going forward.

If the income requirement is not met, accredited investors must have a net worth of at least $1,000,000 (exclusive of personal residence). Though that group is growing, it leaves out millions of people who could benefit from the diversification offered by this asset class.

One common theme in the early days of these investments was high fees. In the beginning, managers charged investors 2% of the amount invested plus 20% of profits.

So here’s what that means.

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How to Invest Money – 6 Easy Steps for the New Investor

How to Invest Money - 6 Easy Steps for the New Investor

6 Basic Steps on How to Invest Money for Beginners

This post was originally published on The Money Mix.

So … you’d like to learn how to invest your money, but are afraid the concept is out of your reach. Indulge me here for this next one — because you may be surprised!

Picture this:

You have a great job and make a good income. Your student loans are long gone, and you’ve even obliterated all of your credit card debt. Now you’re ready to save and invest.

But you’re not quite sure how to invest your money.

Well, I have good news. Because I’m going to introduce you to six simple steps on how to invest your money. It’ll be unlike many of the other “how to” articles on investing. In fact, this might just be your favorite one, because it’ll be so super-easy to follow and then implement.

But wait —

Before you even think about investing a dime, we need to set the foundation. Because without that, it’ll be somewhat difficult (if not totally impossible) to have a successful investment strategy.

So first I’ll list out the basic steps of investing, and then we’ll get into further detail to help you work through each one.

Here are the 6 steps:

  1. Work from your budget
  2. Determine how much you can save
  3. Decide on the best accounts to start with – taxable vs. tax-deferred
  4. Find the best investment options
  5. Diversify
  6. Monitor and rebalance

Okay, so some of the above terms may seem a bit — intimidating.

I get it. I’m not exactly a financial wizard either.

I mean, someone throws out a phrase like “index funds“, and my eyes immediately start to glaze over.

But have faith. Because there’s a method to the madness. This stuff can totally be learned — even if you don’t have a Masters degree in Finance. You just need a little bit of background, and some explanation using simple, everyday language.

So here we go.

Let’s get into the juicy details to get you started on your investing journey.

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Who Needs to Know About Estate Planning? (The Answer May Surprise You …)


Estate Planning Basics - Your Guide to Protecting Your Assets
What is Estate Planning?


What is Estate Planning?

Okay, let’s take a quick poll … How many of you know what estate planning is? And how many of you actually have an estate plan in place?

Some of you? All of you? None of you?

Well, if it is all of you, then I’m super proud to know such smart people.

But if it’s none of you, then maybe it’s because you think it’s unnecessary. At least not yet. That you’re way too young to have to worry about such things. Or that you don’t actually own anything of major value, so there’s no reason to set up an estate plan.

But here is where you may want to rethink that misconception.

Why? Because estate planning is way more comprehensive than you think it is. There’s more at stake than you may immediately consider. Which makes it more important than ever to get these details nailed down.

With this next post, you’ll learn why estate planning is so important, and how you can get started with an actual estate plan.

So buckle up, my friends. Because we’re headed down the knowledge super-highway of estate planning.

The following article was originally published on The Money Mix, and is being republished with permission.


Estate Planning Basics

For many people, the first thing that comes to mind when you hear the word estate is a fancy house with land in another country. But an estate is everything you own or control, including property, assets, and debts. And unless you plan to live forever, it’s best to have a plan.

Let’s take a walk through the basics of what your estate plan might include and what options are available. Estate planning isn’t just for the rich and famous. If you have minor children or pet, or any kind of property or assets, you likely want a say in what happens to them when you are gone. Your needs may vary but almost everyone can benefit from having an estate plan.

Note: Tomorrow can provide you and your family with peace of mind by helping you create a free legal will, or a trust fund with their premium product. (Tomorrow Plus). 

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