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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

by Rebecca Lake Sep 14, 2021

Pay off student loans or invest? It’s an important question to consider as the answer can shape your financial future. On one hand, throwing all of your extra money at student loan debt can help you relieve that burden faster. But waiting to invest could cost you precious time – as well as potential earnings – if you’re missing out on the power of compounding interest. Understanding your financial situation as it is now and what you’d like it to be, based on your goals, can help you decide how to best approach the pay off debt vs. invest debate. Be sure to consult with a financial advisor about the best way to handle the pay-off-debt-or-invest question. Read more

by Rebecca Lake Sep 13, 2021

Trading options, which are a type of derivative security, may appeal to investors who are comfortable taking on more risk for the potential to earn higher returns. It’s helpful to understand certain options trading terminology before diving in, including the difference between American and European style options. The two share some similarities but they differ when it comes to when options can be exercised. If you’re interested in options trading, comparing American vs. European options can help with deciding which ones to trade. Deciding which types of options to trade is best done with the insights and guidance of a financial advisor. Read more

by Rebecca Lake Sep 13, 2021

Elder financial abuse is a broad term that describes the theft, fraud or otherwise misuse of an elderly person’s assets. Seniors can be targeted for fraud scammers but it can also happen within a caregiving or family setting. Elder financial abuse is problematic for victims as it can deprive them of much-needed resources to meet daily living expenses or pay for larger expenses, such as long-term care. Building some protections into your estate plan can help to insulate your assets against this type of financial abuse. A financial advisor can help you take prudent steps to limit your vulnerability to elder financial abuse. Read more

by Rebecca Lake Aug 30, 2021

A pot trust is a type of trust that lists children as beneficiaries, with the trustee using his or her discretion as to how trust assets should be spent. If you have minor children, you might… Read more

by Rebecca Lake Aug 30, 2021

Medicaid can help to cover the costs of long-term care for eligible seniors who meet requirements for income and financial assets. It may be necessary to spend down or give away assets to qualify for… Read more

by Rebecca Lake Aug 27, 2021

Green investments are investments in companies, government entities or supranational organizations that support environmentally friendly practices. Those practices may include natural habitat… Read more

by Rebecca Lake Aug 25, 2021

Green bonds may appeal to investors who want to make a positive impact with their portfolios. These bonds are issued for the purpose of funding projects that support sustainability. The first green… Read more

by Rebecca Lake Aug 25, 2021

Risk return tradeoff is an investing term that describes the relationship between the risk an investor takes and the level of returns he realizes. The two move in tandem: as risk increases, so does… Read more

by Rebecca Lake Aug 25, 2021

Sector rotation involves moving investments from one stock sector to another to keep pace with a changing economy.  As the economy moves through different cycles, some stock sectors may perform… Read more

by Rebecca Lake Aug 24, 2021

Companies sell shares of stock to raise capital. Investors and other entities that purchase those shares are called shareholders. A shareholder is also known as a stockholder. Being a stockholder… Read more

by Rebecca Lake Aug 24, 2021

Distressed debt is debt that belongs to companies or government entities that are struggling financially. These entities may be in bankruptcy or in danger of having to file bankruptcy because their… Read more

by Rebecca Lake Aug 11, 2021

Risk reversal can be used as a hedging strategy for options trading. An investor buys one option and writes or sells another within the same expiration month. This type of strategy is designed to… Read more

by Rebecca Lake Aug 09, 2021

A mega backdoor Roth is a unique 401(k) rollover strategy that’s designed for people whose incomes would ordinarily keep them from saving in a Roth Individual Retirement Account. The advantage of… Read more

by Rebecca Lake Aug 04, 2021

Social Security benefits can be an important part of your financial plan for retirement, whether you’re single, married, widowed or divorced. If you were married previously, it’s helpful to… Read more

by Rebecca Lake Aug 04, 2021

Before companies can go public and list their shares for trade on an exchange, there are some regulatory hoops they need to jump through first. Federal securities laws require any offer or sale of a… Read more

by Rebecca Lake Aug 04, 2021

Navigating the waters as a new investor can be a little overwhelming, as there are some basic things you’ll need to learn. One skill you may want to master is how to read stock charts. These charts… Read more

by Rebecca Lake Aug 03, 2021

Investing trends come and go, and the rise of the meme stock is one of the latest to make the rounds. Defining meme stocks is difficult, but generally they’re stocks that manage to gain a lot of… Read more

by Rebecca Lake Aug 03, 2021

A Medicaid asset protection trust (MAPT) can be useful for estate planning if you believe you or your spouse will need long-term care at some point. Transferring assets to this type of trust can… Read more

by Rebecca Lake Jul 30, 2021

Creating a trust as part of an estate plan can help protect assets and ensure your financial legacy is preserved. If you’re married, you may consider establishing a QTIP trust, which is short for… Read more

by Rebecca Lake Jul 30, 2021

The Federal Deposit Insurance Corporation (FDIC) insures bank deposits in the event that a bank fails. The National Credit Union Association (NCUA) does the same for deposits at credit unions. But… Read more

by Rebecca Lake Jul 30, 2021

A leveraged buyout (LBO) occurs when one company acquires another using debt as the means to complete the acquisition. LBOs allow companies to purchase other companies without tying up significant… Read more

by Rebecca Lake Jul 30, 2021

Publicly traded companies can issue stock warrants and stock options to attract investors and raise capital. A warrant gives an investor the right to buy a stock at a set price by a specific date. A… Read more

by Rebecca Lake Jul 30, 2021

Bonds can help to balance out risk in a portfolio while also generating income in the form of interest from regular coupon payments. When a bond is issued it’s assigned a fixed par value and a set… Read more

by Rebecca Lake Jul 28, 2021

Connecting with prospective clients in the digital age means having a strong online presence. That includes being visible on social media, maintaining a professional website and creating engaging… Read more

by Rebecca Lake Jul 27, 2021

Clients are the centerpiece of any successful advisory business; without them, it wouldn’t exist. But they aren’t all alike in terms of their goals, needs and financial situations. This is where… Read more