Building Wealth: Stick to It and Ignore the Joneses

By Anthony Isola Learn more about Anthony on NerdWallet’s Ask an Advisor Building wealth is a process, not an event — a process that takes discipline and a long-term outlook. You must focus on yourself, not what others are doing. Work hard and maintain a consistent approach. This may not be easy, but it’s doable…

Financial Twitter’s Walking Dead

I really enjoy reading the opinions of the cast of characters on financial twitter. There is great info, humor, and insight available for free with just a few clicks. Since I must have too much time on my hands, I imagined these characters after the onset of a full blast zombie apocalypse. Who would survive?…

Financial Twitter’s Walking Dead

I really enjoy reading the opinions of the cast of characters on financial twitter. There is great info, humor, and insight available for free with just a few clicks. Since I must have too much time on my hands, I imagined these characters after the onset of a full blast zombie apocalypse. Who would survive?…

There Has Never Been a Better Time to Be a Young Investor

This past week I had the privilege of setting up a Roth IRA for the daughter of a client. She is 19 and has her whole life ahead of her. What a great time to explain the basic principles of investing. The trick was how to do it. Concepts such as retirement couldn’t be more…

Don’t Be A Screen Junkie

Spending too much time in front of entertainment screens has negative effects on both your health and finances: it can turn your children into emotional basket cases and ruin your retirement plans. A recent article in the NY Times entitled “Screen Addiction is Taking A Toll on Children” fires a warning shot and sounds an alarm about…

Public Education Ignores Data so Why Shouldn’t Investors?

It is amazing that investors continue to make poor decisions regarding their personal finances. They ignore proven data and needlessly waste their hard earned money by paying too much in fees, not diversifying and misunderstanding their time frame. If you look at the problem closely, their decisions become less surprising. Most investors have spent about…

How you can Avoid the Tricks of Financial Salespeople

Often people will buy financial products not on their merits but on the basis of the salespersons personality. Physical Attractiveness, flattery, and perceived common interests often close the deal. You are often left with a false friend and an unsuitable investment. Rejecting this tempting bait can be very difficult. Robert Cialdini ,in his book The…