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Stephen Akin

Registered Investment Advisor at Akin Investments and 2 other companies
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FINRA Series 65 Registered Investment Advisor. Independent, fiduciary advice with over 39 years of investing experience.

Employment
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  • Understanding Dividends: Insights from Akin Investments
    Stephen explains that a good dividend yield is "between 2% and 5%." To earn $1,000 monthly, invest $600,000 at a 2% yield. The "25% dividend rule" affects ex-dividend dates for large dividends. High yields can be risky, and dividends are taxed as ordinary income.
  • Involving Children in Estate Planning: A Key to Family Harmony
    Stephen advises that family gatherings are ideal for sharing estate plans, ensuring everyone understands intentions and responsibilities. This approach fosters transparency and prevents future disputes. While some discussions may be challenging, professional guidance can ease the process. Stephen emphasizes the importance of clear communication to maintain family harmony and understanding.
  • Market Chaos: Should You Adjust Your 401(k)?
    Stephen advises investors to "stay with their plan" despite market chaos. He suggests considering U.S. Treasury Bonds, TIPS, gold, and cash equivalents as safe havens. Stephen emphasizes these options can help cushion market fluctuations and provide growth opportunities.
Recent Quotes
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  • Here's how to invest in uranium as demand grows during the energy transition. US News and World Report By Matt Whittaker | Edited by Jordan Schultz | Sept. 13, 2024, at 3:22 p.m. "Investors are once again focusing on uranium, causing talk of a uranium renaissance," says Stephen Akin, founder and investment advisor at Akin Investments.

  • US News and World Report Matt Whittaker Aug 27, 2024 For Stephen Akin, registered investment advisor with Akin Investments, Exxon is a favorite dividend-paying energy company. With the recent merger with Pioneer Natural Resources Co. and access to the Permian Basin, "Exxon expects to earn double-digit returns by recovering more resources more efficiently and with a lower environmental impact," Akin says. The company's move to consolidate its crude, natural gas, power and petroleum-product trading desks "is something that I believe will improve the efficiency of the company," Akin says. Exxon has increased its dividend for 41 consecutive years, and its stock yields 3.2%.

  • Tim Maxwell, Edited By Angelica Leicht, March 27, 2024 / 9:20 AM EDT / CBS News How high will the price of gold go? Here's what some experts think
    "The fact that gold has broken out to a new all-time high and has no technical overhead supply is positive for the long term," says Stephen Akin, an investment advisor at Akin Investments in Charleston, South Carolina. "Technical analysis would indicate the price could rise to $2,300 to $2,400 within a one to two year time period."

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