If your goal is to beat the market, you want to outperform market indexes, ideally net of fees.
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.
While not every purchase will bring great happiness, five principles of money will help answer, “Am I getting the biggest bang for my buck?”
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.
Just like Clara Peller in the 1984 Wendy’s commercial, investors should be asking, “Where’s the beef?” at Beyond.
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.
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.
The goal is to be honest with yourself so you can be prepared for the challenges and ready to take advantage of the opportunities.
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.
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.
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.
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 […]
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.
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.
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,” […]
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.
Rational people don’t risk what they have and need for what they don’t have and don’t need.”
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.
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?