This is likely going to pain many borrowers who have little experience with a world in which interest rates are higher, said Michael Brady, president of Generosity Wealth Management in Boulder, Colorado
This is How Much the Fed’s Interest Rate Hike Might Cost You
12/17/2015 – In advance of the highly anticipated interest rate hike, Michael was asked his opinion of the impact on the average consumer.
I’ve made it a priority to make sure someone is a good personality-and-values fit before I agree to take that person on as a client, no matter the size of his or her account – Mike Brady
You Can’t Get Along with Everybody, and You Shouldn’t Try
12/4/2015 – Compatibility with clients is a must-have, and Michael was interviewed for an advisor magazine called FinancialAdvisorIQ, sharing his thoughts on the importance of compatibility
“It only makes sense to take a loan if it is cheaper than the debt you’re paying off” says Mike Brady, the founder and president of Generosity Wealth Management in Boulder, Colorado.
What to Know Before Taking an Online Loan to Pay off Debt
10/21/2015 – With the introduction of Online lenders, personal loans can be quicker to obtain than a bank loan. But, is that wise? Michael was asked his opinion in this article was had wide spread coverage, including the New York Times.
“What has happened up to today, we can’t take back,” Brady says.
What to Do if Someone You Care About Has a Gambling Addiction
10/1/2015 – Hopefully someone you know never develops a gambling problem, but if they do, then Michael Brady has some good advice for you, as shared in U.S. News and World Report
“I like the aspect of a lower rate that spurs growth,” said Michael Brady, president of Generosity Wealth Management. “But I don’t have enough data about his assumptions to know if that growth will actually be there.”
What Advisers Like and Fear in Trump’s Tax Plan
9/30/2015 – Most people agree the Income Tax Code could use some revisions, and with Donald Trump’s published plan, Michael was asked which aspects he likes and dislikes.
“At the end of the day, you are decreasing your savings for retirement,” says Michael Brady, founder of Generosity Wealth Management. “Yes, you are paying it back. But it would have been better if you could be adding to it.”
401(k) Plans are the New Piggy Bank. Don’t Tap Yours
9/29/2015 – Michael was interviewed and asked his opinion on borrowing from 401(k) plans. Needless to say, he doesn’t think it’s a good idea