Suze O Deluxe-Investment R#361A 16 - Suze Orman

SUZE ORMAN

The Ultimate Protection PortfolioTM Investment Records

This product provides information and general advice about the law. But laws and procedures change frequently, and they can be interpreted differently by different people. For specific advice geared to your specific situation, consult an expert. No book, software, or other published material is a substitute for personalized advice from a knowledgeable lawyer licensed to practice law in your state.

HAY HOUSE, INC.

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Copyright ? 2003 by Suze Orman Media, Inc. All rights reserved. Suze Orman? is a registered trademark of Suze Orman. Suze Orman--The Ultimate Protection PortfolioTM is a trademark of Suze Orman. People First, Then Money, Then Things? is a registered trademark of Suze Orman. Published and distributed in the United States by Hay House, Inc., P.O. Box 5100, Carlsbad, CA 92018-5100 ? Phone: (760) 431-7695 or (800) 654-5126 ? Fax: (760) 431-6948 or (800) 650-5115 ? ?

All rights reserved. No part of this guidebook may be reproduced by any mechanical, photographic, or electronic process, or in the form of a phonographic recording; nor may it be stored in a retrieval system, transmitted, or otherwise be copied for public or private use--other than for "fair use" as brief quotations embodied in articles and reviews without prior written permission of the publisher.

The author of this guidebook does not dispense legal advice. The intent of the author is only to offer information of a general nature. In the event you use any of the information in this guidebook for yourself, which is your constitutional right, the author and the publisher assume no responsibility for your actions.

ISBN 13: 978-1-4019-0345-9 ISBN 1-4019-0345-2

16 15 14 13 12 11 10 9 8 7 1st printing, November 2003

7th printing, March 2016

Investment Records

Please locate the documents listed in the "Investment Records Checklist" on the following page and file each one in your Protection Portfolio. For investment accounts, mutual funds, annuities, and other kinds of investments, you may receive statements monthly, quarterly, semiannually, or every time you deposit more money into the investment vehicle. File these interim statements in your Protection Portfolio, and then at the end of the year, compare them to your annual statement. Once you're sure that everything is correct, you can destroy everything but the year-end statement. When you sell an investment, you need to keep a record of the transaction for three years--beyond three years you can throw out trade records.

INVESTMENT RECORDS CHECKLIST

q Treasuries/Series I/Series EE/notes q Stock certificates q CDs q Annuity contracts and annuity beneficiary designations q Stock-option grant agreements q C opies of all investment-account application forms and

agreements

1

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S u z e O r m a n -- T h e U l t i m a t e P r ot e c t i o n P o r t f o l i o TM

Protecting Your Investments

Although you may do much of your investing over the Internet or by phone--and many of your investments may be held by a broker or other financial institution--it's important to keep any original bonds, treasury notes, stock certificates, bank certificates of deposit, or annuity contracts in a safe place. When the time comes to cash in, roll over, or in any way changes these investments, it's often necessary to have the original. Otherwise you'll need to fill in an affidavit for lost originals, pay fees to have the documents reissued, and jump through any number of hoops to authenticate your ownership. And that assumes the company you're dealing with can even find the original in its records. Besides, trying to replace originals is time-consuming. So please, take good care of your documents.

Many people have personal corporations for their businesses. I've often found that they forget to create or issue stock certificates for the corporation when they first set it up. If you have a personal corporation, you should have stock certificates that document who owns how many shares of the company. If you can't find these, then check with the lawyer who created the corporation. You should hold all your own original corporate documents, such as articles, bylaws, and minutes.

If you've created a limited liability company or limited partnership, the original agreements should be kept in the portfolio as well as any amendments to the member, operating, or partnership agreements.

If you decide to keep some original documents in a safedeposit box, you'll want to include the following information on your asset list: the name of the bank, the bank address, the name of anyone who has access to the box, and where the key is kept. Make copies of the documents that are in the safe-deposit box, indicate the location of the original on the copy, and file these copies in the part of the Protection Portfolio where the originals would otherwise be kept.

I n v e st m e n t R e c o r d s

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Financial Adviser

I've always said that the best financial adviser is you. Nobody is going to care about your money more than you do. And what happens to your money is only going to affect the quality of your life--not my life or your broker's life.

I'm not telling you to avoid seeking out a financial adviser. All I'm saying is that if you decide to go that route, you need to know without a shadow of a doubt whose best interest your financial adviser has at heart. It's really that simple.

Do You Have a Financial Adviser or a Salesperson?

Do you pay commissions to buy your mutual funds?

YES

NO

q

q

Do you own a variable annuity within your

retirement account?

q

q

Has your financial adviser ever sold a mutual

fund you owned within the first year of your

owning it and bought another one?

q

q

Has your adviser ever made a transaction in

your account without your permission?

q

q

Has your adviser ever asked you to write a

check to him or her personally when you

were buying a stock, bond, or mutual fund?

q

q

Did your adviser leave you completely alone

during the financial crisis that began in 2008? q

q

Look at your answers. If you answered yes to the majority of the questions, then there's a good chance that you have

a financial adviser who isn't acting in your best interest.

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