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.
Investing Column
Articles
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.
HAHN: Our uncertain life spans make financial planning tougher
My clients and I spend a lot of time working on the balancing act of spending enough while they are healthy vs. saving for the possibility of living longer.
PETE THE PLANNER: Don’t forget the 401(k) when evaluating a job offer
Mere minutes after raising my glass in celebration of my dear friend’s new job, I was on the verge of ordering another round to drown my dismay. He had just made a $713,000 mistake, and had no idea. I’m not normally a judgmental friend when it comes to money, despite what you might think, but […]
KIM: Stocks’ recovery from December massacre holds important lessons
The doom and gloom headlines from December have turned ebullient, as the S&P 500 in the first quarter posted its best performance since the third quarter of 2009.
HAHN: Keep your guard up against financial fraud
If you feel as though more scams are being perpetrated, you are correct. New technology is leading to more sophisticated scams, and, most of the time, victims do not realize they are being exploited.
PETE THE PLANNER: Get more from your financial adviser
I guarantee, you utilize less than 60 percent of the functionality of your financial adviser, and you suffer for it. The stakes are high. It matters.
KIM: Kraft Heinz debacle proves not even Buffett immune to mistakes
While Berkshire Hathaway CEO Warren Buffett has achieved well-deserved mythical stature among investors, even the “Oracle of Omaha” makes huge mistakes. Exhibit A is the recent debacle involving his investment in Kraft Heinz. I recently highlighted Buffett’s call in his 2018 annual letter to shareholders of Berkshire Hathaway for investors to focus on Berkshire’s “forest,” […]
PETE THE PLANNER: The more money you make, the more you can delude yourself
There are only two successful retirement strategies. Just two. And the sooner you choose which one you’d like to employ, the better chance you have of securing a desirable outcome.
KIM: Buffett says to focus on the ‘forest,’ appreciate ‘The American Tailwind’
Rational people don’t risk what they have and need for what they don’t have and don’t need.”
HAHN: Devoting time to financial planning pays off in the end
Everyone needs a financial plan, but not everyone needs a financial adviser. At times, it is OK to go it alone, and other times you could benefit from sound advice from a fiduciary adviser.
KIM: Savers shouldn’t settle for abysmal interest rates
the only risk-less option giving you immediate access to your funds is a traditional bank savings account earning essentially 0 percent interest. Or is it?
HAHN: Don’t let financial secrets put strain on your marriage
How can you manage money disagreements and keep your relationship on track?
KIM: Shutdown highlights urgent need for ‘uncertainty fund’
We all need to realize nobody is immune to a sudden job loss or other income interruption.
HAHN: Sudden windfall creates problems, opportunities
People mistakenly believe a large windfall will solve their problems, but if they are not prepared, it can have a dark side.
KIM: Have index funds become ‘Frankenstein’s monster?’
Jack Bogle, the inventor of index mutual funds, said just weeks before his death on Jan. 16 at age 89 that index funds had become the “most successful innovation in modern financial history”.
HAHN: Health, wealth resolutions have much in common
behaviors gained to help live a healthier life can also be used to improve financial health.
INVESTING: Buffett believes market volatility a gift to savvy investors
Focus on what you can control and try not to fret about what you can’t. Extreme short-term volatility can be a gift to long-term investors, if you let it.
HAHN: Be charitable this time of year, but do so wisely
Sort through and prioritize multiple requests you might receive to make sure your money is going where it will make the most impact.
HAHN: How to avoid digging a financial hole during holidays
It is so easy to get caught up in the hunt and forget why an item you didn’t know existed 20 minutes before now feels like a necessary purchase.