Watching the inspiring stories of this summer’s Olympic athletes reminds us of the sacrifices and countless hours of training required to qualify for the world’s foremost sporting competition. In addition to being dedicated to a training regime, these athletes have trusted coaches who have supported them and pushed them to achieve their highest level of performance, allowing their Olympic dreams …
It can be a dangerous world for your money. Whether at the hands of strangers, trusted advisors, or actions of your own doing, your money faces many threats. Here are some tips for how to spot five types of thieves, and what you can do to protect yourself from them. The Trusted Thief – Institutions and Advisors Is your money in …
I was talking with a friend of mine about financial planning recently, and she somewhat sheepishly admitted that she and her spouse spend considerably more time planning for their vacations than they do for their retirement. Afterward I realized that planning for both has many similarities. Everyone has a different ideal vacation destination. Some like the beach, some like the …
There are three simple time-tested rules in investing. But like a lot of things, they are in need of an update. This is the third post in a three-part series. The first post in this series discussed the importance of diversification. Our Updated Rule #1 was: Diversify to the point of discomfort to control risk. The second post in this …
There are three simple time-tested rules in investing. But, like a lot of things, they are in need of an update. This is the second post in a three-part series. The first post in this series discussed the importance of diversification. Our Updated Rule #1 was: Diversify to the point of discomfort to control risk. Now for Original Rule #2: …
There are three simple time-tested rules in investing. But, like a lot of things, they are in need of an update. This is the first post in a three-part series. Original Rule #1: Diversify to control risk Do you like to gamble with important things? Do you play Russian roulette? I hope not. And of course you shouldn’t do it …
We’re taught to save money from the time we get our first tooth fairy payment, but when we’re young, saving doesn’t always seem necessary. A common belief is that saving is for people who are getting ready to buy their own house, put their kids through college, or retire. But in reality, it’s better to start saving long before any …
Finding a financial advisor is a bit like finding a date. No, really, it is. Keep reading. When you go on a date you’re investing your time, and when you hire a financial advisor you’re investing your money, both of which are in limited supply. So, you want to ensure you make the right choice when undertaking both. Find prospects …
In a recent study, one third of Americans say they regret the major choices they have made in their lives. Top regrets included: Not following their dreams Not taking risks with their career Not taking risks with their lives in general Not having been gutsier in their choices and in doing the things they wanted to do Stop and think. …
Are you contemplating a career change or perhaps weighing the pros and cons of retirement? Maybe you’re anticipating the arrival of a new baby or you have children who are ready to leave the nest. Or, on a more somber note, is the realization of divorce on the horizon or are you trying to find your way after experiencing the …