“States that do not have an income tax may look attractive, but they may also have higher sales tax and property tax rates, so do the math,” said Rob Burnette, a financial adviser at Outlook Financial Center in Troy, Ohio.
"CDs will always be attractive to the risk-avoidance nature of savers. I had an aunt many years ago complain that she couldn't get 14% on her CD any longer. Of course, the prime interest rate at the time was over 20%," says Rob Burnette, chief executive officer and fiduciary financial advisor at Outlook Financial Center.
In an exclusive interview with The U.S. Sun, Rob Burnette, an investment advisor representative and professional tax preparer at Outlook Financial Center in Troy, Ohio, pointed to the media’s influence in amplifying nervousness around inflation, jobs, and interest rates.
Rob Burnette of Outlook Financial Center discusses ways viewers can conduct a mid-year financial check-up on WHIO-TV.
"I can't think of a situation when using home equity to make an investment is a good idea or in one's long-term best interests," says Rob Burnette, investment advisor representative at the financial planning firm, Outlook Financial Center.
Rob Burnette is an investment advisor representative and professional tax preparer at Outlook Financial Center in Troy, Ohio.