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Financial Tip

The Financial Tip airs Wednesday at 12:15 p.m. on WBNG. It features financial expert Glen Wood of The Glen Wood Financial Group, Inc.

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Financial Tip: Equifax Breach Video included

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The questions regarding the Equifax breach has been all over the news lately and weekly guest Glen Wood of The Glen Wood Financial Group has been fielding a number of them.  He tells us how we can protect ourselves.  More>>

Financial Tip: Mortgage Interest on a Second Home Video included

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You’re thinking about buying that second home at the lake and wondering if you can write off the interest. Weekly guest, Glen Wood of The Glen Wood Financial Group explains. More>>

Financial Tip: Documents for College Students Video included

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Before your son or daughter heads to school, you need to possess three legal forms. What are they? Weekly guest, Glen Wood of The Glen Wood Financial Group explains the three documents that are needed and why parents should have them for their children. More>>

Financial Tip: The Dow Jones Industrial Average Video included

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Market movements are reported by stating the closing figures of the indexes and averages, like The Dow Jones Industrial Average. But, what is The Dow Jones Industrial Average? 

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Financial Tip: Loaning to Family Video included

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Loaning money to family is a very sensitive situation. Weekly guest, Glen Wood of the Glen Wood Financial Tip explains the best way to handle this situation appropriately. More>>

Financial Tip: Stop Loss

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Buy, sell, hold. The three choices you have if you own stock. But how can you protect your profit in a stock? Weekly guest, Glen Wood of The Glen Wood Financial Group explains what you can do to protect your profit in a stock. More>>

Financial Tip: "Upside Down" in Your Car Video included

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Are you “upside down” in your automobile? Not sure what that means? Weekly guest, Glen Wood of The Glen Wood Financial Group explains what is means to be "upside down" in your automobile. More>>

Financial Tip: Retiree and Retirement Numbers to Know

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Glen Wood of The Glen Wood Financial Group talks statistics and trends that point to one conclusion: the 65-and-older age group is expected to become larger and have more influence in the future. 

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Financial Tip: Glen's Favorite Quips

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Weekly guest Glen Wood of The Glen Wood Financial Group shares some of his favorite witticisms and thoughts on investing and “life” in general. More>>

Financial Tip: Don't Procrastinate Video included

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We've all heard the saying, "The sooner you begin to save for retirement, the better!" In this financial tip, we're going to show you why the saying is so true.  Weekly guest, Glen Wood explains the importance of saving early and gives examples. More>>

Financial Tip: Gifting to Relatives Video included

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Are you in a financial position where you can feel comfortable gifting some money to a relative in need? Would you like to know the tax implications of such a gift? Learn the answer to those questions from weekly guest, Glen Wood of The Glen Wood Financial Group.   More>>

Financial Tip: Kids IRA Video included

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If you have young children or grandchildren then you know the benefits of saving for retirement as early as possible. Imagine a 10-year-old starting an IRA. But how? Weekly guest, Glen Wood of The Glen Wood Financial Group explains.   More>>

Financial Tip: Storms in the Southern Tier Video included

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The Southern Tier has its share of storms and high winds. Do you know if there are trees in your yard or your neighbor's that could fall and cause damage? If those trees do fall and cause damage, who's responsible?

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Financial Tip: Stock Prices

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We all pay attention to the direction of the stock market as it goes up and down. Many of us wonder what makes that happen? Weekly guest, Glen Wood of The Glen Wood Financial Group has the answer. More>>

Financial Tip: Early Retirement Video included

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For many Americans, the prospect of retiring early seems especially unlikely these days. But, it is still possible. Weekly guest, Glen Wood of The Glen Wood Financial Group explains. More>>

Financial Tip: Insurance Policies Video included

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When we buy insurance such as auto, home, health and life, we protect ourselves from possible devastating losses. But, some other types of coverage, with small threats are hyped, we need to know more before we buy them. Weekly guest, Glen Wood of The Glen Wood Financial Group explains how not all insurance is worth it.  More>>

Financial Tip: Deadly Sins of Investing Video included

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Saving more, diversifying, and rebalancing our investment portfolios may help us pursue our financial goals. But "investment sins" could be keeping us from doing it. Weekly guest, Glen Wood, of the Glen Wood Financial Group explains what those sins are and how they could be impacting us. More>>

Financial Tip: Rule of 72 Video included

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All investors should know, if they don’t already, something called the Rule of 72. Glen Wood of The Glen Wood Financial Group, explains the Rule of 72 and how it will help as you plan for retirement. More>>

Financial Tip: Social Security Video included

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Are you one of the many baby boomers who are trying to decide when to take your Social Security benefits? 

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Financial Tip: Cash or Credit? Video included

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We all know it’s nice to have access to some cash in savings or checking accounts for unexpected bills. But, should you keep that cash in a savings account or pay off a credit card?

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Financial Tip: Beta on Stocks Video included

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Over the last 2 weeks, we’ve been sharing some examples of truisms and false thinking regarding stock picking. Today we’re sharing another analytical tool stock pickers can use to help them choose among the many stock choices.

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Financial Tip: Expensive Stocks Video included

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Last week we learned that “by itself”, a stock’s price has nothing to do with our potential return on investment. This week, we continue learning about stock picking with our weekly guest, Glen Wood of The Glen Wood Financial Group. 

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Financial Tip: Basic Premise for Stock Picking Video included

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For most of us, trying to choose a stock to buy is a daunting task. Weekly guest, Glen Wood of The Glen Wood Financial Group, helps us begin the process. More>>

Financial Tip: How Tickets Affect Your Insurance Cost Video included

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Did you or someone in your family recently receive a traffic ticket? How much may your premiums increase? 

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Financial Tip: Leaving Money to Family

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Are you one of the fortunate people who are unlikely to spend all the money you've accumulated during your life? Are you also, interested in which assets you should spend so that you may end up leaving more assets for your family?

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