Financial Planning and Advice Blog for Syracuse
Want to keep up with the latest news in the financial sector? HighPoint Advisors in East Syracuse, NY makes sure all our clients have the latest up to date financial information to better plan for their future. Feel free to browse the blog below to learn more about the current financial market.
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Buying Your First Home
By Sarah Flick February 27, 2020 No Comments
Home ownership is the cornerstone of the American Dream. But before you start looking, consider a number of things. First, look at buying a home as a lifestyle investment and only secondly as a financial investment. Over time, buying a home can be a good way to build equity. But as recent history has shown, house prices can go down as well as up. Like many other investments, real estate prices can fluctuate considerably. If you aren't ready to settle down in one spot for a few years, you probably should defer buying a home until you are. If you are ready to take the plunge, you'll need to determine how much you can spend and where you want to live. Keep on reading...
Navigating the NYS Teacher Retirement System
By Sarah Flick February 3, 2020 No Comments
*This article was originally posted in August of 2019 on syracuse.com. While teachers everywhere are busily preparing for the new school year, some are taking the first steps toward navigating the New York State Teachers’ Retirement System (NYSTRS). However, this complex portion of their retirement planning can be difficult to understand and even trickier to tackle on their own. To simplify the process, teachers should consider the advice of financial advisors who are certified by the National Education Association (NEA). Luckily for those in the Syracuse area, they can find NEA-certified retirement specialists at HighPoint Advisors, LLC. “We work one-on-one with teachers on understanding any NEA member benefits and how else they should be planning for retirement,” says Patrick Newton, financial advisor at HighPoint Advisors. (more…)...