PETE THE PLANNER: How are you doing financially? Take this test
It’s not about what you earn; it’s about what you keep.
Investing Column
Articles
PETE THE PLANNER: How to determine when it’s time to get another car
Holding onto an older car and driving it until it dies can be a practical approach to mitigating transportation costs. Until it isn’t.
HAHN: Taking steps to prepare for an unexpected retirement
There are a variety of reasons for exiting the workforce early. The most common reasons are for health problems, either the retiree’s own or those of a loved one the retiree must care for.
KIM: How Luck’s move explains the inverted yield curve
While Luck’s retirement obviously has nothing to do with the inversion of the yield curve, I’ve often found the world of sports provides useful analogies to the world of investing.
PETE THE PLANNER: Use bonuses to bolster finances, not to go on a spending spree
Anytime I break down a financial life, I explore three distinct areas. I look for long-term financial stability, midterm financial stability and, you guessed it, short-term financial stability.
HAHN: What to make of the high-frequency trading boom
While there are substantial benefits to electronic trading, there are ethical concerns.
PETE THE PLANNER: Protect your nest egg—or risk running out of money
Running out of money in retirement isn’t a small problem. It’s the worst problem.
KIM: Study shows ‘behavior gap’ continues to destroy investor returns
Unfortunately, investors have an uncanny, destructive tendency to buy high (when they’re feeling overconfident) and sell low (when they’re scared).
PETE THE PLANNER: Financial stress is a reality, no matter your income level
Stress doesn’t discriminate. It doesn’t know your income, your gender or your job title. And even if it did, it wouldn’t care.
HAHN: Here’s what to think about when considering a Roth IRA
As a long-term investor, I like the fact that the earnings on my money will not be taxed when withdrawn.
PETE THE PLANNER: Decide whether to beat—or be—the market
If your goal is to beat the market, you want to outperform market indexes, ideally net of fees.
KIM: Fasten seatbelts for second-half roller-coaster ride
While history suggests the road is likely to get increasingly bumpy over the next four months, it will be important (as always) to try to remain unemotional and stick with the plan.
HAHN: How to spend money to increase your happiness
While not every purchase will bring great happiness, five principles of money will help answer, “Am I getting the biggest bang for my buck?”
PETE THE PLANNER: If you won’t start budgeting, show discipline another way
If you don’t want to budget, then don’t. It won’t ruin your financial life as long as you accept a couple of important boundaries.
KIM: Is Beyond Meat’s IPO valuation beyond rational?
Just like Clara Peller in the 1984 Wendy’s commercial, investors should be asking, “Where’s the beef?” at Beyond.
Peter Dunn: How little can you defer for a comfortable retirement?
You need to save between 12% and 14% of your gross income throughout your career to secure at least a 90% chance of retirement success, according to Russell Investments Research Report.
HAHN: How your money personality affects your financial health
As I read and learned more about handling money and finances, I was able to see how my actions undermined my long-term goals, and I was able to make changes.
PETE THE PLANNER: Recognize cycles of financial opportunities, challenges
The goal is to be honest with yourself so you can be prepared for the challenges and ready to take advantage of the opportunities.
KIM: Get off the ‘positional treadmill’ and you just might be happier
You know what’s worse than judging a book by its cover? Judging a book by its cover—then making financial decisions based on what you guess the book might tell you.
PETE THE PLANNER: These Rules of Peter will help you plan for retirement
If you diligently saved (invested) from age 22 all the way through age 57, the final decade of your work career should be a snap.