Hurricane season is here. Don’t let your finances get blown away by making poor decisions. Upgrade your sources of information. Starting with our terrific links. What are the best states to retire to? Bloomberg Which generations starting saving the earliest for retirement? BusinessInsider The simple path to an estate plan. A Simple Path to Wealth…
Anthony Isola
How To Eliminate Your Money Regrets
Mirror, mirror, on the wall, who’s the fairest investor of them all? It depends on your perspective. Some view a mirror as a fixed object that’s unchangeable. Putting something horrible in front of it will cause a violent shattering. Others look at it differently. Believing reflections change, but the mirror remains the same. Do this…
They Tell You One And One Makes Three…..When Is My Retirement?
Don’t make perfect the enemy of the good. Would you please take 5 minutes and read our weekly links? Wealthy people aren’t geniuses. They make plans and, most importantly, stick to them. Many Americans don’t save for retirement because their salaries are too low. Acorns’ Too few investors take advantage of catch-up retirement provisions. The…
Investing Is No Field Of Dreams
Losing money is fun – said no one ever. The same goes for watching your favorite team unravel in a heartbreaking loss. The MLB did a great thing by creating a 2021 version of A Field Of Dreams. There’s nothing like playing baseball in an Iowa cornfield. Summed up in a classic line from the…
Today’s Lesson: Our Schools > Day Trading
Robinhood is a murder hole waiting to happen. I’m not speaking about its stock price. Gamification of real money doesn’t benefit inexperienced end-users. Millions of young people flocking to the site isn’t an indication the concept works. The multitudes indulged in past marathon bouts of chain-smoking. But, unfortunately, it didn’t make it right. Robinhood incentivizes…
The Same As It Ever Was…..When Is My Retirement?
August is a great time for a vacation. So is your retirement. Read this week’s terrific links and help make your dreams a reality. Social Security checks should be way bigger. The Motley Fool HNW Americans tend to live longer. ScienceDaily Congress may make retirement saving much easier for millions of Americans. Fortune How should…
The Ultimate Insurance Policy Isn’t What You Think
Not all insurance involves paying an insurance company. Instead, paying yourself provides the ultimate coverage. For most people, their biggest asset is their salary. Wages fund home purchases, vacations, and your kid’s college tuition. It’s hard planning a retirement without a decent wage. All things considered equal, a good salary gives you the best chance…
Somehow I Stayed Thin While The Other Guys Got Fat….. When Is My Retirement?
Checking your portfolio every day is a colossal waste of time. So instead, read this week’s terrific links. Normal market returns are a myth. A Wealth of Common Sense The 4% rule is very nuanced. HumbleDollar Saving early for retirement makes all the difference. Of Dollars And Data Walking is its own asset class….
Attach Yourself To Financial Non-Attachment
Money shouldn’t be an instrument of torture but often is. Suffering rears its head in a variety of flavors. Most are generated by attachment and clinging. Everything is impermanent. Eastern wisdom professes, “Whatever has the nature to arise will soon pass away.” So finding lasting joy from temporary things is nothing more than fool’s gold….
I’m Always Seething…..When Is My Retirement?
Climate change is a serious issue. The same goes for ignoring retirement planning. Cool your anxiety by reading this week’s terrific links. Why can’t we focus on what’s going right with our retirement portfolio? A Wealth of Common Sense Is climate change the mother of all risks for retirees? CBSNEWS Try adding some humility to…