Wealth manager on trade tensions: 'If you're a soybean farmer in Iowa, it's a war'

October 11, 2018

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Joe Heider, president of Cirrus Wealth Management, appears on Yahoo! Finance “Midday Movers” to discuss current U.S. and China trade tensions, and if it’s a trade war yet. “It depends on what industry you’re in. If you’re a soybean farmer in Iowa, it’s a war,” he says.

Dow plummets 600 points in worst drop since March

October 10, 2018

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Joe Heider, president of Cirrus Wealth Management, appears on Yahoo! Finance “Midday Movers” to discuss the Dow’s significant drop. “I think it’s a bit overdone. We get lulled into these times where we think the market is going way up, and then people freak out. We have to remember 400 points, although a big downturn, isn’t what 400 points was not that many years ago,” he says.

Musk Faces 143 Day Deadline (Audio)

October 10, 2018

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Joe Heider, president of Cirrus Wealth Management, appears on a Bloomberg Radio podcast to discuss market outlook. “The markets are apolitical in general, but any piece of political news that has economic impact, such as trade, can have impact on the financial markets,” he says.

Dow falls 832 points in third-worst day by points ever

October 10, 2018

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Paul La Monica of CNN Business includes Joe Heider, president of Cirrus Wealth Management, in an article discussing the Dow’s plunge and tech stock sell off. “The selloff is healthy. Since the market bottomed in March of 2009, it’s been nearly ten years of growth stocks leading the way non-stop,” he says.

5 Books to Read That Will Help You Retire Early

October 2, 2018

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Joe Heider, president of Cirrus Wealth Management, is included in Martha White’s Money magazine article discussing books that will bolster financial knowledge. “Your Money or Your Life offers a very different approach to personal finance. It really is thought provoking regarding your relationship with money and how to use it to achieve your best life,” he says.

Prep Your Portfolio for the Fourth Quarter

September 21, 2018

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Rebecca Lake of U.S. News & World Report includes Joe Heider, president of Cirrus Wealth Management, in an article discussing how to prep your portfolio in the fourth quarter. “This year, the fourth quarter is an excellent time to verify your portfolio, designed to produce maximum after-tax gains. Many investors look only at their gross rate of return without regard to tax liabilities, thus reducing their net return,” he says.

Smart strategies for buying CDs when rates are rising

September 17, 2018

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Joe Heider, president of Cirrus Wealth Management, is included in Mary Wisniewski’s Bankrate article discussing strategies for buying CDs when the fed is raising rates. “Every type of investment has a role it can play in a portfolio. So avoid making decisions about a CD or any one part of your portfolio without weighing its place in your whole financial picture,” he says.

How to Buy and Hold in a Recession

August 24, 2018

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Rebecca Lake of U.S. News & World Report includes Joe Heider, president of Cirrus Wealth Management, in an article discussing recession concerns. “We’re in a period of high-risk, high-reward politics lately relating to tariffs. How that game of high-stakes poker turns out between the U.S. and foreign nations can very well predict whether we will see a recession or not,” he says.

No, Trump's impeachment wouldn't kill your retirement plan

August 23, 2018

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Joe Heider, president of Cirrus Wealth Management, is included in Martha White’s NBC News article discussing how an impeachment of President Trump would affect markets. “If he were to be removed from office, there’s no reason to believe that [Vice President Mike] Pence would change any of those policies. I think there’s a very strong argument that could be made that the markets would be more stable under Pence than they would be under Trump,” he says.

Using Annuities In 401(k)s: The Debate Continues

August 20, 2018

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Ben Mattlin of Financial Advisor includes Joe Heider, president of Cirrus Wealth Management, in an article discussing the use of annuities in 401(k)s. “Each plan participant may be better served by different annuity offerings, [and] this represents an impractical barrier for plan fiduciaries. Annuities are complicated instruments because of their surrender periods and liquidation penalties. Due to these facts, they are not easily reviewed by plan sponsors and fiduciaries,” he says

7 things you think have been saving you money, but actually aren’t

August 14, 2018

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Ryan Heider, financial advisor at Cirrus Wealth Management, is included in Cheyenne Lentz’s Insider article discussing common money mistakes people are making. “Many subscription services start out very convenient, but later on, end up breaking the bank. This leads to customers being charged indefinitely for some product or service they are never using,” he says.

Nightmare Clients? Here’s How These Advisors Treat Them

August 10, 2018

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Ben Mattlin of Financial Advisor includes Joe Heider, president of Cirrus Wealth Management, in an article discussing how to handle difficult clients. “The client may be expecting something from you that you’re not prepared to deliver. Talking about misunderstandings can help clear the air. Find out what the cause of the discord is. If necessary, it may be best to suggest to the client that he or she would be better served with another advisor -- and that you can assist in that move,” he says.