The Landings & Bay Colony

19

Financially Speaking continued

rates? Switch from variable or fixed rates? For example, if
your mortgage or other loan(s) has an interest rate that’s
higher than today's historically low rates, you might want
to consider refinancing. 

One key consideration is the timing of your payments. You
may want to think about refinancing your mortgage into a
shorter term, which should speed up principal payments so
it's paid off by the time you reach retirement age, when
your income will likely be reduced.

Another strategy is to create a liquidity source before it's
needed, using your eligible UBS securities as collateral.
This gives you immediate borrowing power without selling
assets, whether it's to pay taxes or take advantage of a
time-sensitive opportunity. This strategy allows you to 
keep your long-term investment plan on track, so you'll
continue to receive the dividends, interest and/or capital
appreciation that may accrue. Nevertheless, you may also
benefit from borrowing against your eligible UBS securities
for planned expenses, such as debt consolidation or 
tuition payments. 

There are many financing solutions to reducing and
restructuring your debt obligations. Together, we can assess

all aspects of your financial plan. We can explore the
features, benefits and risks of each option and implement
appropriate strategies designed to optimize your cash flow,
enhance your wealth management plan and provide
flexible options for meeting everyday needs. You'll be
confident that you are on track to achieve your most
important goals.

As a firm providing wealth management services to clients,
we offer both investment advisory and brokerage services.
These services are separate and distinct, differ in material
ways and are governed by different laws and separate
contracts. For more information on the distinctions between
our brokerage and investment advisory services, please
speak with your Financial Advisor or visit our website at
ubs.com/workingwithus.  

I

Darran Blake, UBS Financial Services
401 East Los Olas Blvd., Ste. 2300
Fort Lauderdale, FL 33301

Darran is a resident of The Landings and on the Board of
Directors of The Landings Residential Association.