I often find myself thinking of a trusting client when they first receive the news they were duped. I feel their fear. I feel their shame. I feel their disgust. It makes my skin crawl.
There is a lot of data analyzed before making predictions.
My vision has evolved over time.
After fears that the Federal Reserve’s slamming on the monetary brakes to combat soaring inflation would crush economic activity, optimism abounds that the Fed has pulled off a miraculous “soft landing.”
Understanding convenience is vital to making affordability decisions.
While it is true a high income can go further than a low income, financial stability is ultimately determined by your spending choices.
I’m always amazed and awed to read about “salt-of-the-earth” people like Holt who are of modest means but still manage to amass multimillion-dollar estates.
The closest relief I’ve found in underachievement is extending myself some grace.
Taking conscious steps to navigate the holiday season can lead to a more enjoyable and less stressful experience.
This year, I’ve landed on a specific question to consider: Does our quest for more hinder our ability to experience equilibrium? Like I said, I get weird this time of year.
So I’ll just hit you with one major issue—the average American household has not yet figured out that it’s out of money.
According to Kelley Blue Book, the average price paid for an EV in September was $50,683, down more than 22% from one year ago (but still a healthy premium compared to internal combustion vehicles).
There are RMD aggregation rules that govern which RMD accounts can be combined and which accounts need to have their own distribution.
Running a business for the first time is incredibly difficult and undeniably risky.
We’re unabashedly “old school” investors who view stocks as ownership interests in the underlying business (not just ticker symbols traded millions of times a day) and value stocks based on future profitability (not what we think the next “sucker” will pay for it).
The first directive is to create a realistic and achievable long-term financial plan.
You’re clearly not winning, your advisers are undoubtedly frustrated by you, and frankly I’m frustrated by this situation too.
The investors’ mantra to “buy low, sell high” seems both simple and easy, but unfortunately, we humans are hard-wired to do just the opposite, and our bad habits of “chasing performance” and trying to “time the market” cause us financial harm.
I know people can take great comfort in hearing, speaking or reading their high annual wage, but I also know that income is only one side of the ledger.
While our children are important, at some point, parents need to stop subsidizing their everyday expenses.
