Courtesy of Josh Brown, plain English descriptions of many gimmicks funds use.
The secret to investing is….
Diversification. Look at the range of returns over the last 13 years. A mixture of these different asset classes rewarded intelligent investors.
What is the woman tax?
Women on average pay about $1350 more a year than men for similar goods and services. This is huge over a lifetime. Check out the specifics here http://www.marketwatch.com/story/5-things-women-pay-more-for-than-men-2014-01-17?link=MW_popular
Why is term life insurance usually the better choice for the average middle class family?
Term life insurance is different from whole or permanent insurance. It has a specific time period and will run out if you do not die in the specified period. ( A good thing!!) Whole life is usually much more expensive because it offers an investment component. It also has a much smaller death benefit. These…
What are the golden rules for creating an invesment portfolio?
The number one rule is not relying on economic forecasts. The simple reason is they are usually wrong. The only people who get things right are what you might call the permanent bears or bulls. These are people who always have the same opinion no matter what is happening. They either think everything is terrific…
When competent advisors give you sound advice, listen to it.
What are the top 10 financial behaviors?
From pfeef.org This list sums up the 10 financial items which should most concern you… 2. What are the Top Ten Financial Behaviors? There are many good personal financial behaviors but the most fundamental truth is that one must spend less than one earns, thus sacrificing some spending to invest for one’s future. Additional…
Avoid these tax traps with your 529 plans
While great college saving vehicles there can be problems if you don’t understand how to withdraw money to pay tuition. A big one is paying the bill the year it is due and not withdrawing the money the year prior. There are also some restrictions on what you can spend the money on relating to…
What are 7 signs you are a victim of identity theft?
This info is from Herb Weisbaum at CNBC. Check this out.. Here are seven of the key signs that you are a victim of identity theft: Bills for goods or services you didn’t purchase appear on your credit/debit card statements: Don’t ignore small charges. Crooks who buy stolen account numbers sometimes do a test with…
How much money should be in your emergency fund?
A good rule of thumb is 3-6 month’s of living expenses. This may vary depending on your individual circumstances. For example, if a person owns a small business that is very seasonal it would be advisable to keep 6-12 months saved due to the uncertainty of the cash flow. On the other hand, two tenured…
Learn More
The Retirement Pyramid
Listen to Our Podcast
