Bread and Circus Investors

“Got to find a reason why my money’s all gone.” – Sublime Too many investors let themselves be distracted by the financial equivalent of chariot races and gladiatorial games. They sit back with displaced trust and disengaged minds. They meekly submit to the financial industrial complex which raids their retirement accounts on a daily basis. Last Sunday,…

A Plan to Overcome Panic Paralysis

Dina here… One of the biggest challenges to achieving long-term investment goals is not market returns. It happens to be overcoming the fears that freeze you in place. Being stuck can be every bit as dangerous as being wrong. In my latest blog, A Plan to Overcome Panic Paralysis, I share my own experience with…

Who Is Your Financial Advisor?

In honor of the opening of the 2017 Major League Baseball season, Abbot and Costello’s classic 1938 comedy bit “Who’s on First” has been revised to fit the 2017 standard of conflicted financial advice. Since this is the season where “hope springs eternal,” why not add the current state of financial services to this period when 30…

The Pay Day Loan of the Middle Class: Whole Life Insurance

Whole life insurance policies are not suitable for the majority of the population. Due to the enormous conflict of interests in the insurance world, the worst policies pay the agents the highest commissions; heads you lose, tails they win. The worst part of this policy is this damning fact: 80% of the individuals who purchase this…

Don’t Be An Elitist Investor

Acting like a snob will not make you many friends. It will also cost you a lot of money. Many people are familiar with Warren Buffett’s 2007 $500,000 bet that any combination of hedge funds would not outperform the S&P 500 Index over the next 10 years. Though investors have paid the enormous fee of 2%…