Pete The Planner: Give your relationship with money permission to change
I believe the ability to change your personal financial philosophy is a wonderful privilege that many people simply ignore, if not deny.
Investing Column
Articles
KIM: Has GameStop ‘flash mob’ changed rules for investing?
When the memes stop, the excitement fades and the GameStop mania has run its course, what will be left is the underlying business.
Jalene Hahn: Financial planner, adviser, broker? What’s in a name?
Most titles are for marketing purposes and are generally meaningless. Marketing pitches lead you to believe there is no distinction among different types of financial providers.
Pete the Planner: Don’t share details with kids until you have to
Those very close to you—even well-adjusted adult children raised by you—will struggle to contextualize your balance sheet, which often becomes a detriment to their financial existence.
Mickey Kim: Pandemic reinforces truths of market volatility, forecasts
Successful investing is simple but not easy. Patience and discipline are virtues because they aren’t easy, yet they are essential for your success.
PETE THE PLANNER: Steer clear of sharing details of your finances with friends
Context is everything, and there’s no way you’ll ever have enough context to understand another person’s financial life, especially in casual, social settings.
HAHN: Reflecting on lessons learned in 2020
I hope you take time to reflect on your personal priorities, what positive habits you have developed or been forced to adopt and make changes that will help you reach your goals.
PETE THE PLANNER: Turn the page on 2020, but remain vigilant in the new year
Our year-end household financial meeting has become something we look forward to as late December ticks on.
Mickey Kim: Plan ahead so that chaos, conflict, cost aren’t part of your legacy
Failing to plan for your end of life or incapacity can add unnecessary suffering for your loved ones during an already traumatic time.
Pete the Planner: Reduce expenditures to get your retirement ship on course
Not needing a lot of money is a better strategy than having a lot of money.
HAHN: Don’t let pandemic drag down your finances
The stress of 2020 could really mess with your decision-making and good financial intentions.
PETE THE PLANNER: Pandemic already has delivered lots of financial lessons
I feel I’ve already learned a ton from this experience so far, and those lessons have brought me a sense of thankfulness.
KIM: This Thanksgiving, invest in a K-12 classroom project
Since inception, DonorsChoose has raised over $1 billion from 4.6 million donors and funded 1.8 million projects submitted by 617,260 teachers from 85,043 public schools.
HAHN: How women can break through in financial planning, other fields
While it might not be possible for you to singlehandedly change the corporate culture, there are things you have control over.
PETE THE PLANNER: Many variables affect retirement planning
The most complicating factor is that we don’t know how much we’ll need because we don’t know when we’ll die.
KIM: ‘Rich’ is different from ‘wealthy,’ and time is key to success
Rich is current income and easily seen in people’s car or house, either live or in their Instagram fairy tale. Wealth is what you don’t see.
PETE THE PLANNER: House prices are lofty, so should you sell?
An unemotional, rational approach to this question will always yield the best results.
HAHN: Too much truck, house pinch retirement savings
The pandemic has highlighted the fragility of many Americans’ financial situations. We need to start prioritizing saving and self-reliance.
PETE THE PLANNER: Election uncertainty shouldn’t drive your investing strategy
Whether or not a constitutional crisis–and all the economic and market chaos it would bring–is nigh, it’s impossible to time our exit and re-entry into the markets,
KIM: COVID ‘K train’ further splits haves, have-nots
The letter “K” is a vertical line with two 45-degree lines slanting from the middle, one upward and one downward, and unfortunately it best describes the paths of the economy and stock market.