Trying hard is an abysmal investing strategy. The more we do, the more money we burn. We can look at the human body for answers to the most efficient methods for allocating energy. We are constantly burning energy, whether we move or not. The hard work goes on subconsciously. Forget about the gym. The real…

One of life’s hidden secrets is focusing on what’s controllable. Unfortunately, many believe in predictive abilities over lotteries or the financial markets. Spoiler alert – Find another strategy. One thing we can influence is our healthcare coverage during retirement, Medicare. While vital to our health and wealth, Medicare is an intricate beast to tame. Some…

Stress test your body and portfolio. In contrast to popular opinion, stress isn’t bad for you. Constant stress kills, and targeted stress builds. Evolution made us strong. Dealing with the elements and evading predators isn’t for the weak. Hunting and gathering in freezing and stifling conditions taught us how to survive. Ingenuity, not technology, kept…

The rich keep getting richer. Add a new 529 clause to the list. The federal omnibus $1.7 trillion spending package contains a provision allowing tax-free rollovers of money in 529 plans to Roth individual retirement accounts starting in 2024. 529 plans include enormous tax advantages for savers without the new provisions. Investment earnings grow tax-free…

Purchasing an expensive Peloton provides no guarantees regarding optimal health. Fancy tracking devices function on data. It’s hard to collect info if you don’t pedal. The same goes for investing. Expensive Hedge and Actively Managed Funds are terrific at generating wealth – for their sponsors. Listen to Vanguard legend Jack Bogle – “Over long periods,…