Chornyak & Associates

Financial News
5:31 pm
Mon December 10, 2012

News from Chornyak & Associates

We at Chornyak & Associates wish our clients and friends all of the joys that the holiday season has to offer.  Let's all put aside our concerns for the country's financial future and have a truly peaceful and festive season with friends and family!  Columbus offers lots of holiday activities to extend the celebration outside the home.  

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Financial
4:13 pm
Tue November 6, 2012

Fiscal cliff or bridge to the future?

Joe Chornyak discusses the "fiscal cliff" sometimes touted in the media, and its relationship to your investment portfolio.  

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12:56 pm
Thu September 13, 2012

Thinking Beyond Fixed-Income Investments

Lead in text: 
I hope you enjoy my video this month on fixed-income investments. Back in the old days, people would say, "Well, as we approach retirement, we have more in bonds and CD's because that provides us with a steady flow of income." Well today, with interest rates as low as they are, you can't survive on income that's in the 1.5 to 2% range. I believe that you have to look at alternatives. I'd be glad to speak to you personally about your financial investment needs and concerns. Please contact me at 614-888-2121 or send an e-mail to chornyak@chornyak.com.
Today, with interest rates at 60-year lows, it's extremely difficult to get the income that we need from traditional types of fixed-income investments. For example, dividend-paying stocks may provide an income stream that is higher than today's fixed-income bonds. You can't just look at income in a vacuum, you have to consider the impact of inflation and taxes.
Business
2:21 pm
Thu August 9, 2012

Encore Careers: Become Your Own Boss & more...

Chornyak & Associates

Entrepreneurs are part of what makes America great. Many citizens over 50, rather than retiring early, have started their own businesses and are enjoying personal and monetary rewards. In this month's feature article we present a story by Commonwealth Financial Network that gives you some food for thought on the possibilities of entering the world of entrepreneurship. 

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Business
5:04 pm
Thu July 12, 2012

What you need to know about Health Savings Accounts & more

Joseph Chornyak, Sr.
Chornyak & Associates

HSAs or Health Savings Accounts can provide significant tax deductions as well as help you deal with rising health care costs. However, they are not for everyone.  Please read this month's lead article to learn if an HSA makes sense for your family.

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4:40 pm
Thu July 12, 2012

Volatility: the New Reality

Lead in text: 
In my recent travels I've spoken with portfolio managers, analysts, and researchers from a wide variety of disciplines. The consensus of opinion is that we will continue to face market volatility as we move forward. Active portfolio management emphasizes diversification, focus, and a long-term perspective. ~ Joseph Chornyak, Sr.
While it may appear as though though there's a buy-and-hold strategy behind portfolio strategies today, what's really happening is that sound investing principles, those principles that have stood the test of time, are still in play.
Financial
1:42 pm
Mon June 11, 2012

Health Savings Accounts = Tax Deductions

HSAs or Health Savings Accounts can provide significant tax deductions as well as help you deal with rising health care costs. However, they are not for everyone.  Please read this month's lead article to learn if an HSA makes sense for your family. 

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