Make a Print Over to a Quick Digital Click

 

New York Times Business Section

Redo a print article to a clickable, buzz-worthy read in the digital content of the world-wide space.  

I take a print article (i.e. New York Times Business section) and turn it into a digital view onto the world-wide web space.  The first article I make over is January 8, 2023 New York Times Business section article, What's Up sect.  Next, a full-page article is redone for a digital read for Apps subscribers on-the-go.   

Look at my version below from January 8. 2023 New York Times Business section, What's Up.  Last Week's Essential News has been changed to Last Week's Big Stories.

What’s Up

last week’s big stories

 

 

 

The Job Market Cools—Has the Feds Mustered Up an Elbow to Cool Off the Economy?

 

 

Bent towards the steady, strong gains for the last cluster of months, the new jobs market counts shifted to a new trend on Friday—a slowing one.  The economy gained 223,000 jobs last month, a slight decline from the 263,000 November totals like the September and October amounts.  The Federal Reserve officials marked the gradual slowdown as good news whose long wait for a cooling economy tilted the labor market and perhaps lean us to a slowdown—on the rising inflationary prices.  But 223,000 is a good pace to tread for growth and the central bank sets up yet another target:  a lower number of 100,000 jobs a month.  Watch the numbers on the labor market.  Keep a watchful eye on the high inflationary prices.  Perhaps, the prices will cool down and lighten up your wallets.

I will post an image of the original article, but the the title of the article has been changed with a dash and a question to personally engage the reader.  "The Cooling Job Market," is a descriptive article but may fall shot of pulling in the reader, not as much as adding a question to engage them.  Why should the reader care to go on?  So I added a question to draw the reader in, "Has the Fed Mustered Up an Elbow to Cool Off the Economy?"  The article concludes with a comment to add in a bit of the personal again.

Grip a full-page article here redone as a quick-read digital.

The full-page New York Times Business article was titled, "With a Financial Planner, Caution is Key."  Yes, indeed.  But a title that begins with a preposition just does not tune a professional note on the writer's hemisphere.  What can I do to change the title and draw the reader in further?  Insert an imperative.  "Rear Up a Lineup," directs the readers what they should do to get a financial planner.  But that was not enough for me to draw forth the reader, so I added in short forms (sentences) to grab the reader's attention.  "I called, I probed, and I paid," are short forms (sentences) that grab the reader's attention.  

The subheading originally read, "Advice is no longer just for the wealthy and can be especially important for your later years."  This sentence structure does not read smoothly for me (as a writer), so I am going to alter it to an emphatic opening slot.  "No longer is advice for the wealthy," begins the subheading and is conjoined with a semi-colon which connects two closely related ideas together.  I like the use of "your later years," because "you," "yours," directly addresses the reader for the personal and dramatic effects.  So that remained in tact.  

  

Rear Up a Lineup and Your Financial Planner Will Come—I called, I probed, and I paid.

No longer is advice for the wealthy; ergo, find a major case for your later years.

 

 

I’ve been writing articles on money and finance throughout my career, and for the past 15 years, I’ve specialized in retirement.  Even so, my wife and I have not picked a stock or mutual fund for our retirement since the late 1990s nor have we written a full retirement plan.  For that job, we seek a financial planner.

 

 

Yes, hire a financial planner.  Hiring a planner is a financially smart move to make.  Once a subset of the wealth management assigned to the wealthy, I found that financial planning has widely opened up to average folks in the past few decades.  What about the ways of the business?  Far more holistic, professional.

 

 

Find the most inspiring growth within this class:  fiduciaries.  A sharp rise in this group comes with the best type of advice.  First, fiduciaries put for the best interests of their clients ahead of their own.  Second, upgraded techno-savvy sites have expedited your planning.  What you pay will be worth the advice you get.  Plus, you pay less.  

 

 

Tread carefully.    The  industry is inundated with sales people who call themselves financial advisers and planners.   Consequently, the past two decades’ bleary regulatory drop has licensed the large brokers or big Wall Street firm’s agent sales units to peddle commission-based stock brokerage as financial advice—be careful because it is not.  Cryptocurrency is another low sell.

  

What Professionals Can Do For You

  

Financial planners can help you solve some of your main fusses.  In the meanwhile, pick up key benefits of engaging them.

 

Coping With Headaches and Side-Effects

 

Financial matters become more intricate as you get older.

  

Who Do You Hire?

 

Spot a fine point in your financial adviser:  Who is his loyalty to?  Advisers with loyalty to the client vary starkly to the advisers whose loyalty is to the company’s products.

  

Gauge your financial adviser’s fiduciary duty.  These advisers have to act in the client’s best interest ahead of their own.  You get the highest professional service.  And they also come with key legal guards.  Moreover, the burden is on the adviser to prove if any harm had incurred on the client.

  

On the contrary, the burden lies with you on any incidental faults of the non-fiduciary advisers.  Fiduciary standards of the financial advisers have clashed between Wall Street, consumer sites, and regulators.  Securities and Exchange Commission regulations let advisers give conflicted advice as long as the conflicts are disclosed to the client.  Find the disclosures in fine print—and they are a fine, slight skim.  

 

Buyers can look for an adviser who is a fiduciary.  Who would not want to work with one?  Your best bet is a Registered Investment Adviser.  RIAs work on a fee-only basis.

Fee-only basis differs from commission-based pay.  Advisers are not paid on what they sell but on the time they spend with you.  These fiduciaries work independently or are signed to small firms.  They have access to wide variety of providers.  RIAs are regulated by the S.E.C. and state authorities.  They hold up to a fine fiduciary standard of care.

 

How Much Do You Pay?

 

The fees you pay an adviser matters.  Understand the various ways planners are paid and learn to keep reasonable fees.  Fee-only planners are paid by the hour, project, or weight based on your financial matters.

 

One, they are paid a percentage of your assets running 1 percent annually up to $1 million under management (less for higher amounts).  The fees get costly so plan with annual payment in mind.  Advisers may also claim it aligns your interest with theirs:  “I succeed when you succeed.”  But the argument does not hold.  Your portfolio grows for many reasons and passive index funds produce for two reasons:  how much you contribute and how the broad stock market performs.  Finally, advisers work does not differ managing $500,000 or $100,000.  So why should you pay more?

 

 

The fees are negotiable; moreover, flat fees are now more common.  Choose from a list that R.I.A. offers based on your needs.  Negotiate a flat annual fee than on your managed assets. 

 

Or hire an adviser for a stand-alone project to deliver a financial plan.

 

 

Interview for a Great Hire

 

Hire a financial planner as if you are an employer searching for someone who wuold do a great job.  One, make a list of at least three candidates you will interview in depth.  Get recommendations from friends.  Search online directories of fiduciary advisers in your area.  Other trusted professionals such as your lawyer or accountant may provide better candidates. 

 

 

Two, ask candidates for references from their clients and discuss their experiences with the adviser.  Keep in mind to respect client’s privacy when asking them questions.  Ask for a list of professional character references from the candidate adviser.

 

 

Three, ask for professional references that can testify to the adviser’s work.  Sheryl Garrett, a certified financial planner, knows how important it is to find a trustworthy fiduciary advice.  Sheryl specifies your part to check on your adviser, “You want references from the people the advice has worked with.”  Sheryl gives further examples of the professionals you can seek, “It could be a C.P.A., an attorney, or an elder-care specialist.”   

 

 

Set up an interview.  Ask questions about advisers’ experiences, client base size, pay model, investment approach and loyalties.  Understand if the adviser works for you or if they are selling a product for a financial services company. 

 

 

Find out if the adviser is a Registered Investment Advisor with the S.E.C. and what states—specifically, ADV Part II document shows the states in which the adviser is registered and other the disclosure information.

 

 

Then look for a planner with a clean record.  No illegal or unethical professional conducts are on your adviser's records.  Check for their records at websites such as FINRA-operated sites, Financial Industry Regulatory Authority (a self-regulatory organization that oversees broker-dealers) and the S.E.C.  Note only the gravest breach of conduct is reported—greatly, frightfully on sites such as FINRA.      

 

The rest of the article has been put in laymen's terms for the general audience.  Why use big, fancy words when browsers, subscribers have compressed time to finish reading one article?  Use words that everyone can understand.  Connect with the audience.

The subheadings were all redone.  Plain nouns were changed to laymen term's phrases to engage the reader.  The first subheading, "Reasons to Get a Professional," was changed to "What Professional Can Do For You."  "Manage Complexity," has been changed to a metaphor, "Coping with Headaches and Side Effects."  "Type of Adviser to Hire," is changed to "Who Do You Hire?"  The latter is a direct question to draw the reader into the article.  "What Will It Cost," has been changed to "How Much Do You Pay," which is a simpler way to place the point into a relatable content for the general audience.  "The Interview Process," is a boring subheading as a word such as "process," can only be, so I changed it to "Interview for a Great Hire."  The article concludes with a similar -ly suffix for repetitive effect of power.