James Michael Plumlee Financial Advisor | CakeResume (2024)

James Michael Plumlee lives and works in Dallas, Texas.

James Michael Plumlee shares information on his 3 websites about financial planning, business and his hobby, golf!

James Michael Plumlee is an avid blogger who writes about gaining financial freedom, planning for retirement, running a business, and how to swing a golf club!

Golf is a game of many skills. However, what you do on the green might be the most important of them all. Let’s take a look at some ways to improve your putting.

It’s happened to all of us. Our best employees have resigned out of nowhere. Not only do you have a brand new set of challenges to tackle, but you have to consider how the departure will affect the rest of your staff. When employees leave, their coworkers start to wonder if they should also be thinking about new career opportunities.

For a small business to get off the ground or to keep operating effectively, a small business loan is often the best course of action. However, it usually isn’t as simple as merely stepping into a bank and applying for one. Therefore, here are some of the steps and suggestions you should take when applying for a small business loan.

No matter if you’re new to management or a seasoned veteran, it’s never too late to learn a few tips on being an effective leader. Therefore, the following list includes three ways you can begin to hone your leadership skills and make them as useful as possible.

In many instances, investors suffer from a dilemma of whether to invest in initial public offerings or not. Popularly known as IPO (Initial Public Offerings) is the process of publicly trading the company’s shares in a new stock issuance. This mostly happens when the company is at a young age to boost its growth potentially. In this year only, approximately 120 companies have gone public to sell shares on stock exchanges. Nevertheless, IPOs are highly volatile and can move up by 10% in just one day and vice versa. To cope up with these fluctuations, here are four key metrics a company should take into consideration before opting for IPO’s.

No matter the issue, there are going to be situations that arise within any company which warrant the need for remote work. This, of course, can lead to a serious disruption of day to day work, which may eventually lead to less than stellar revenue at the end of the month. Therefore, companies must make a plan that involves how they will prep when a company needs to move to remote work. Here are a few tips to keep in mind when preparing your company for remote work.

Millions of Americans receive a tax refund each year. For some, this is inevitable because of their income levels. For others, it’s due to their withholding. There are ways to maximize a tax return. Some will lead to higher refunds, while others will lead to a lower tax bill.

Beautiful areas in our nation’s upper midwest may be very well known as hunting and fishing paradises for the sportsman. Still, real golf enthusiasts are well aware that these same areas also have some of the most beautiful, challenging, and brilliantly laid-out public golf courses found anywhere on earth. Listed here are but a few of the many that avid golfers on public courses can take on in their travels throughout these gorgeous regions. And outside of inner golf circles, who would’ve thought that Wisconsin has such highly-rated, outstanding golf destinations? Here are but a few of the notable ones.

Business plans can become outdated with time. Technology changes and the needs of potential consumers can change as well. Those that have businesses that are functional still need to look at opportunities to update the business plans because updates can produce greater returns on investment.

As the podcast revolution takes the world by storm, millions of listeners are flocking to personal finance and investment channels to learn valuable lessons on money management and wealth accumulation. Here are the top 3 podcasts available on the internet to begin your journey to financial freedom.

Retirement seems like a long time away. In fact, when we are young, retirement may feel like something in the far distant future rather than the inevitable fact of life that it really is. Many people do not have adequate retirement money set aside. Some people even have no retirement funds set aside at all. Discover tips that can help you grow your retirement savings and prepare you for a hopefully calm, stress-free, and enjoyable end to your life.

Every year is an interesting time to run a business. The business plan that was developed a few years ago may need to be changed completed this year. These are only a few trends to consider for doing business in 2020.

The end of the year is the best time to take a look at your finances and begin to regain control. With retailers keen on moving merchandise through the holiday season, the beginning of tax season, and the motivation that accompanies a new year, now is the best time to set some concrete financial goals and begin working on strategies for your financial success. With these four steps, you can be well on your way to getting your financial house in order for 2020.

Like all things, having a great life during your retirement years starts with a good plan. While many folks start planning for retirement early, many things happen along the way to derail their original plans. Hardships happen in life, you may borrow against your 401K to purchase a home, many folks discover that a divorce decimates income they’d counted on for their retirement years.

Company pensions are increasingly becoming scarce. Therefore, one of the vehicles that was available to the workers of previous decades are no longer accessible for most private sector workers. More and more companies are moving toward 401(k) plans as the primary retirement savings option for their workers. Here are some important points about contributing to a 401(k).

When an individual authors a will or plans how their estate’s final affairs are to be handled, many issues must be resolved. One such consideration that often arises is the designation of beneficiaries (persons who receive the decedent’s assets). During the process of designating beneficiaries, someone might need to identify a contingent beneficiary.

Everyone who has a financial adviser should be asking them some questions. It is important for the client to think about their investment portfolio and plans every year.

Everyone knows about homeowners and auto insurance. These are musts, and they protect policy-holders in the event of accidents and lawsuits. The trouble can arise in the event of a lawsuit. If someone is sued and the judgment ends up being more than the dollar value of their policy, that can put their personal assets at risk. This means that their home, money and even future wages can be at risk. What, if anything, can be done?

If someone were to offer you $500 now or $500 a year from now, which would you choose? Without question, most people would choose to have $500 now rather than a year from now. As the old saying goes, a bird in hand is worth two in the bush. A more compelling question, however, is whether you would rather have $500 now or $550 a year from now? Or, how about $500 now or $800 a year from now?

When it comes to your retirement, you’re the only one who’s ultimately going to be looking out for your best interests. While a financial advisor can help you through the steps of making sure that your retirement funds are properly secured, it’s up to you to make sure that you have enough money set aside to help you in your later years. That means understanding the most common threats that put retirement funds at risk. Keep these in mind before you sit down and define with your retirement goals.

When it comes to building wealth, few avenues are as effective as investing in the stock market. However, just because investing in the market is generally effective, it doesn’t mean that everyone knows where to start. Here are some tips that can help those who are unfamiliar with investing get started.

It is not uncommon for people to procrastinate on estate planning. Even people who already have an estate plan may not have reviewed it in some time. Changes in the family, such as births and deaths, or in tax laws should trigger a review. Otherwise, people should review the plan every five years to ensure that it still reflects their financial situation and their wishes.

The best time to start saving for retirement is when a worker joins the workforce. Workers can save for retirement through workplace retirement plans, individual retirement accounts, or both.

One of the more common investment options that financial gurus recommend for retirement savings is the Roth IRA. This type of retirement account has some features that are similar to the Traditional IRA option, but it also has some that are much different. Here are some of the reasons a Roth IRA can be a great option for saving for retirement.

When it comes to planning for social security, there’s one big question that looms over the rest. Should you take your benefits now or wait and let them mature? But that’s not the only question to consider. It’s important to take these other factors into consideration as you assess your upcoming retirement.

Financial planning can be a stressful concept for some people. It includes things like budgeting, retirement planning, saving, insurance and getting out of debt. Sometimes it’s easier to hire a financial advisor, but sometimes taking steps to lay the groundwork for your financial future can be done by you and your family.

When most people hear the term financial planner, they only think about someone who is going to cut their spending and tell them that they need to save for retirement. But financial advisors have the tools to help individuals manage finances, plan for retirement, analyze their investment portfolio, and save for future expenses. Financial advisors are in place to guide you through your financial future and if you are still unsure about hiring one, here are a few reasons to consider an advisor.

While most people understand the importance of your credit score when it comes to making large purchases such as a home or auto, the truth is, your credit score affects far more than that. It also determines the interest rate you pay on credit cards and even how much you pay for auto insurance. If your credit score is low, it can be causing you more problems than you know. This is why it is important to know your credit score. There are a number of companies that will show you your credit score for a fee, but there are also ways to find out your credit score for free. Here are 3 ways to find out your credit score for free.

All interest isn’t created equally, and that’s why it’s important to evaluate the strengths and weaknesses of each type of interest before applying for a loan. The route you take could have a significant effect on your finances, and there’s no singular best fit solution for every situation.

Many people new to investing expect larger returns than they actually receive and this can frustrate them. When they don’t earn 7-10% annual returns on their investments, they feel as though they have been cheated in some way. This is why so many people give up on investing after a few bad experiences. Exposing yourself to a more realistic view can help you appreciate the returns you will receive.

It’s widely advised that every individual and every family have an emergency fund. It’s difficult to predict unexpected hardships, and preparing can mean the difference between ending up in debt or weathering the storm. But less publicized is the notion of an opportunity fund. An opportunity fund prepares you for unexpected circ*mstances, but it’s built to help you take advantage of positive ones rather than guard you against negative ones.

Finance is a highly technical subject that takes years to learn and fully master. Supplementing your formal education or job experience with these five finance books can help you master the subject faster. That being said, these titles are also a good read for finance enthusiasts who enjoy reading about financial markets and investment products.

Business owners and aspiring entrepreneurs often focus all of their time and effort on learning the technical skills needed to operate a commercial entity. While skills, such as accounting and bookkeeping, are essential to keep a business running smoothly, not giving soft skills, the proper attention can be a disadvantage to entrepreneurs. Here’s five that you should try to build:

James Michael Plumlee often takes his written content and turns them into vidoes!