Financial Tip

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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: Glen's Favorite Quips Video included

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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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