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…
What’s Your Wealth I.Q.?
Contentment is the new black. Don’t look on Instagram. It’s not trending on Twitter. You won’t find it on someone’s Facebook story. It’s hard balancing need with greed. Too many of us are failing at this essential task. Do you want to increase your Wealth I.Q.? Start by enjoying what you already have. There’s the…
I Need More Holidays In The Sun….When Is My Retirement?
It’s not shocking unvaccinated people are getting sick. Just like relying on science for your health, your retirement needs an evidence-based strategy. Start right here by reading this week’s terrific links. Many investors don’t know how to use target-date funds. CNBC How to create a super ‘Back Door Roth’ IRA. WSJ Some more great money…
Understanding The Harsh Reality Of Athletic Scholarships
Relying on an athletic scholarship is a dangerous way of financing college. While athletic scholarships sound sexy and exciting, the reality is undeniable. Only 2% of graduating high school athletes earn these awards annually. This number is the antithesis of many parents’ expectations. The disconnect has far-reaching consequences. Some parents sign their kids up for…
Pass The Tanning Butter…..When Is My Retirement?
Tropical Storms bring rain and wind but are temporary events. Your retirement could last for 30 years or more. Turn off the Weather Channel and start reading this week’s terrific links. Ageism costs our economy trillions. BusinessInsider Follow these ten rules for your retirement portfolio. The Big Picture There are people out there who think…