Anthony Isola

Compound Your Knowledge With Our Monthly College Links

  Those who don’t plan for college plan to be very disappointed. Don’t let this happen to you. Start by reading this month’s terrific links. College early decision practices may violate anti-trust laws. Wall Street Journal  Is college worth the cost? A Wealth Of Common Sense. Student loans should not exceed 10% of graduates after-tax monthly…

It’s Monday Again….When Is My Retirement

Be like Warren Buffet- Work only because you want to. Start by reading this week’s retirement links. Why are many retirees less confident in their abilities to cover daily expenses? New York Times Medicare costs are on the rise. InvestmentNews Three steps to avoid running out of money in retirement. USA Today Many 60 somethings…

Under The Big Black Sun

Retirement rollovers operate in a dark world that is filled with terrors. Non-transparency and deception block out fiduciary light. Financial predators transfer low cost 401(k) funds into expensive house products. The end result is you end up financing the salesman’s retirement rather than your own. These people should give retiree’s the creeps and rightly so….

Be The Light

Make things happen or they will happen to you – this is true in both life and finance. Something very significant took place in Buffalo, N.Y. this weekend. A math teacher named Chase Mallia  made something happen. For decades, public school teachers have been mercilessly exploited in their non-ERISA 403(b) retirement plans, often paying fees of…

It’s Monday Again…..When Is My Retirement?

If North and South Korea can make peace, you can plan for a successful retirement. Start right here by reading this week’s links. Repeat after me, NEVER LOAD UP ON COMPANY STOCK! Wall Street Journal Women, divorce, and retirement planning don’t play well together. Standard-Examiner Our retirement system is prejudiced against women. MarketWatch Time to…

Infopocolypse Now

Uncertainty is the only certainty for investors.  Probabilities are the best we can hope for regarding long-term projections. How about the short term? Don’t waste your time. An example of factual overload combined with overconfidence is found in Thursday’s upcoming NFL draft. Despite an infopocolypse of data, the results are far from certain. The number two…

Suitably, Unsuitable

It’s impossible to calculate the price tag of “suitable financial advice;” often, it is never disclosed as merely suitable.  Opportunity costs created by avoiding low-cost index funds are enormous. How about the tax consequences of withdrawing money from retirement accounts to purchase expensive insurance products? Suitability is no match for unbiased, comprehensive financial planning. According…

It’s Monday Again…..When Is My Retirement?

Retirement is a new concept. Up until recently, people did not plan on living too long after they finished working. You need to prepare. Here is some good news. There are more 401(K) millionaires than ever before. Investors Business Daily Many Americans retire and then go back to work. It’s not for the money. New…

Oh Behave!

Bad behavior ruins many things. This is especially true regarding investing. Stacy Rapacon wrote this neat article for grow.acorns.com on the index card I created about market crashes. “It’s not just with finance. When you make decisions based on emotions instead of facts and data, it’s not usually going to turn out well,” Isola says….

Three Ways to Fail Slow

Investors fear violent market crashes; those that would vaporize years of wealth accumulation in a matter of days or weeks. Many pay too little attention to slow failure. Risk aversion is a stealth assassin.  This silent threat has none of the drama of plummeting markets. The carnage left behind is worse. Justin Sibears wrote an…