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Jeffrey Stouffer

Financial Planning Expert at JustAnswer
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Full service financial advisor providing services to businesses, individuals, non-profit agencies, churches, and government agencies. The list includes: Commercial financing, equipment financing, accounts receivable financing, contract financing, advisory services, financial planning, insurance, traditional investments, and alternative investments.

Employment
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  • Retirement Stealth Costs: Health Events Pose Major Financial Surprises
    Jeffrey highlights health-related events as major unexpected costs for retirees, with hospital stays ranging from $20,000 to over $100,000. He advises a mix of insurance coverage to manage these risks effectively. Retirees should consult financial planners to balance insurance and accepted risks, ensuring adequate protection without excessive cash drain.
  • Expert Insights: How Much to Deposit in a CD This April
    Jeffrey advises considering financial needs like taxes, graduations, and vacations when deciding CD deposits. He emphasizes aligning CD terms with personal goals and suggests a flexible approach to CD laddering. Jeffrey highlights that CD allocation should reflect individual risk tolerance and financial objectives, recommending a 10-25% portfolio allocation to CDs.
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  • ProShares Short QQQ (PSQ). What makes this fund a hedge against a bear market and recession: It bets against the popular QQQ ETF by providing inverse exposure to the tech-stock-heavy Nasdaq-100 index. The fund shorts QQQ through derivatives such as swap agreements and futures contracts. Heavy trading leads to a relatively high 0.95% expense ratio. And this fund is built to outperform only so long as the growth-oriented tech stocks stall or decline.

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