Tue, Jun 24, 2014

The investment strategies for high income earners are a few of the best special financial tips to help in wealth management. The top 2-3 per cent of the high income earners has a challenging task in holding onto their money and investment may be the only way out to avoid unnecessary taxes, fees or risks. Granted, the need for high income earners is similar to those of the general investor public in many ways. The executives with household incomes of over $ 200k need to pay special attention to placing their money in safe investment. High earners usually spend a lot on collectibles ending up with a house full of antiques.

The best investment strategy for high income earners can guide their wealth towards safer money management skills. The financial advisors across the country repeatedly come across clients who purchase pieces of furniture and artwork for their homes as an antique. The antique purchases are going to increase in value instead of the depreciation that normal furniture pieces are sure to show. Many experts debate on the wisdom of buying antiques rather than investment that can assure up to 8 per cent interest. But the fact is that high earners may have at least a few special pieces of or end up with a home full of valuables. These homeowners need to get specialized property insurance policies.

Investment Strategies For Buying Stocks

The investment strategies for stocks are a great way out of the $ 250k limits for keeping money in the bank. Many high earners exceeding the FDIC limits consider brokered CDs from several banks. Other options which are less attractive but nevertheless may serve the purpose of parking one’s money are the US saving bonds or Treasury bills directly from the federal government. The high income earners compensated with employer stock or options may not be able to sell them off. These people must consult the financial advisor have suitable experience in strategies to prevent any financial risks such as taxation.

The expert guidance on the best investment strategy for high income earners is necessary for wealth management. The people in the higher tax brackets are probably going to end up paying much more for their Medicare and other health care expenses. The entitlement programs have been going through a tough patch lately in order to keep them solvent in the future. The high earners need to consider the differences of a Roth account and pre-tax contributions. The pretax options lower the taxable income and also make one eligible for tax breaks in the future. The retired persons with the same income in later year’s benefits from paying a lower tax rate because of the tax code structure.

The investment strategies for stocks help high earners reduce the risks of financial loss in a highly volatile financial market. The taxes are of major concern to a high earning couple. One of the ways to deal with a difficult IRA situation is to juggle the Roth contributions. The high earners can make a back door Roth IRA contribution through nondeductible traditional IRA.