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The Architects
This blog is written primarily by Gary Brooks, CFP, Allyn Hughes, CFP, and Nancy Jones, CFP of Brooks, Hughes & Jones, Partners in Wealth Management in Tacoma.
Contributions are also provided by other local legal, tax and financial professionals. Our goal is to offer insight and education to help Puget Sound area residents answer pesky money questions and build financial security.
Reach us for comment or question at 253.534.8888 or info@BHJadvisors.com. Thank you for reading.
www.BHJadvisors.com
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Tag Archives: savings
University tuition sprints way ahead of expectations
We’ve written a few times about college tuition and the Washington Guaranteed Education Tuition (GET) savings program. An interesting follow-up note to the 2011-12 spike in the price of GET units comes from GET director Betty Lochner. In the January … Continue reading
Posted in Financial planning
Tagged education, GET, savings, tuition, university, Washington state
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The deleveraging divergence
Back in 2008 when it entered our vocabulary, The Economist called deleveraging “a fate worse than debt.” The process of reducing leverage — borrowed money — from personal, corporate and governmental finances is expected to take several years, if not … Continue reading
Posted in Financial planning
Tagged debt, deleverage, deleveraging, economy, Europe, leverage, savings
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Savers double up without reward
An addendum to Gary’s News Tribune column from January 6. Cash equivalents may be zombie investments but investors still favor them. TrimTabs, a tracker of cash flows to bank and investment accounts released information January 13 demonstrating that Americans deposited … Continue reading
Posted in Financial planning
Tagged cash, investments, mutual funds, savings, zombie
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As China ages, will high savings turn into a consumption boom?
According to the recent white paper Demographics in Emerging Markets: Hope or Hype by Mirae Asset Management, over the next 40 years or so, China will go through a large change in both the average age and spending habits of its … Continue reading
College Tuition Continues to Climb
The College Board released 2009/2010 college cost figures in its annual Trends in College Pricing report. Here are the highlights: Four-year public colleges (in-state students): • Tuition and fees increased an average of 6.5% to $7,020 • Room and board … Continue reading
Posted in Financial planning
Tagged college, inflation, investments, savings, tuition
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News Tribune column – GET program
Gary’s latest monthly column in the Tacoma News Tribune: Tuition program gets more attractive with longer terms Washington state’s Guaranteed Education Tuition (GET) program can be a good college funding vehicle in many cases but there are less-known aspects of the … Continue reading
Posted in Financial planning
Tagged college, gary brooks, GET, inflation, Investments, News Tribune, prepaid tuition, savings, Washington
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GET unit price takes huge leap
As a follow-up to my September 8 column in The News Tribune (see below), here is some more detail about the new unit price to participate in Washington’s Guaranteed Education Tuition (GET) program. The 2011-12 purchase price for one GET unit … Continue reading →