Michael B. Shumway, Financial Representative - West Des Moines, Iowa

Welcome!

I'd like to personally welcome you to MikeShumway.com.  My hope is that you find information on this site to help you to dream of a brighter financial future, plan, and move forward with greater confidence.  The opportunities and potential rewards can potentially be great, when you take a proactive approach to your personal financial situation.

Dream, Plan, and Move Forward with More Confidence.

 

This website was created to help you gain a better understanding of the financial concepts behind insurance, investing, retirement, estate planning, and wealth preservation.  Here, you'll find a collection of newsletter articles, calculators, and research reports that will help you take proactive steps toward your goals.

While this site offers great information, nothing beats working along side a skilled professional in pursuit of your financial goals.  That's where I come in.  I'm here to be your best resource about basic concepts of financial management, give you fast, easy access to market performance data, while helping you chart a course that fits your goals and dreams.

Once again, thank you for visiting MikeShumway.com!  Please take advantage of this resource and visit often. 

Sincerely,

Mike Shumway

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Calculators

Net Worth

A balance sheet summarizes your assets and liabilities and reveals your net worth.

Home Affordability

Estimate of the maximum amount of financing you can expect to get when you begin house hunting.

Tax-Deferred Savings

Compare the potential future value of tax-deferred investments to that of taxable investments.

Savings Accumulation

Estimate the future value of your current savings.

More Calculators →

Newsletters

Preparing to Turn the Corner

What happens to a multiple-owner business when one of them chooses to retire or must leave suddenly for some other reason? Death, disability, divorce, & bankruptcy are just a few of the events that can affect one owner and threaten the future of the business. This article discusses the reasons why it may make sense for a small business to have a buy-sell agreement in place.

Diving into Dividends

Dividends have traditionally been considered a source of income, but they also can be a powerful way to help build savings. A recent study found that dividends contributed 44% of S&P 500 total returns from 1930 through September 2010. This article explains how dividends work and the role that dividends could play in an investor's savings strategy.

Finding a Good Time to Invest

When a prominent stock market index closes above an important threshold, many investors who have been sitting on the sidelines may see it as good time to invest, but they may have missed a significant part of the rally. Waiting for the "right" moment to invest could prove to be a costly and ineffective strategy.

Managing Cash When Interest Rates Are Low

It's generally a good idea to keep three to six months of income in an emergency fund, but where should cash be kept when interest rates are low? This article discusses the advantages and disadvantages of savings accounts, certificates of deposit, and money market funds.

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