Measuring Happiness – My Guest Appearance On The Compound Show

Last week I was honored to make a guest appearance on The Compound Show. We had a great time talking about things that matter but are hard to measure with a scorecard. We covered a bunch of interesting stuff. Including my days teaching and why how so many kids are mislabeled in public schools to…

Can Your College Pass The Lasagna Test?

Choosing the right college isn’t easy. There are many factors to consider. Transparency is often lacking. How much should we borrow? Is a big school better than a smaller one? What really determines our financial and merit aid? Throwing parental peer pressure into the mix along with a raging pandemic compounds things. Ron Lieber gets…

We’re Young But Getting Old Before Our Time…..When Is My Retirement?

You can’t control 500 point daily swings in the stock market. You CAN control your savings rate, investment expenses, and diversification strategy. Read about what’s really important in this week’s terrific retirement links. Do you have a strategy for your charitable giving? A Wealth Of Common Sense What the heck is an NFT? CoinDesk Being…

Is Measuring Wealth Using A Scorecard A Good Idea?

Money can’t measure everything. Some things can’t be ranked. We enjoy counting things. It’s comforting when facing the mountains of uncertainties that pervade our lives. Ranking never suffers from a bear market. Seth Godin remarked. “In the face of the difficulty the system has in measuring things that don’t measure, we create proxies. Things like…

I’m Caught In A Trap …..When Is My Retirement?

The days are getting longer and the snow will soon melt. Unfortunately, winter is coming for your retirement plan if you put your head in the sand. Don’t be an Ostrich about your money. Start by reading this week’s terrific retirement links. Black Americans are facing many retirement inequities. The Wall Street Journal Here are…

How To Make A Million Dollars Day Trading

Start with two million. A 50% loss doesn’t sound so bad. Many day traders end up vaporizing considerably more. A client asked what I thought about him pulling 10K out of his portfolio for some “fun money” for some daily speculating. When people ask this kind of stuff, they get an honest answer. Not what…

I’m Turning Into A Basket Case…..When Is My Retirement?

Winter will end. Can you say the same about when you’re going to stop working? Planning to leave the rat race isn’t easy. Let us help you help yourself by reading this week’s terrific links. How unfriendly is your retirement plan? Morningstar Retirees can save a bunch of money by cutting this expense. Barron’s Are…

Don’t Let Illusions Of Control Ruin Your Financial Goals

https://play.acast.com/s/the-goldmine/dont-let-illusions-of-control-ruin-your-financial-goals We have less control over free will than we think. Does belief in power over open-ended systems like the financial markets make any sense? Despite the “pull yourself up by your bootstraps” society we live in, luck plays a tremendous role in success and failure. Do we have any influence over where and when…

I Need To Shake Things Up…..When Is My Retirement?

The NFL season is over but your retirement planning never ends. Make reading our weekly links part of this infinite journey. Could selling your home help to finance your retirement? A Wealth of Common Sense How will low-interest rates impact your retirement saving strategy? MarketWatch How much control do you have over your happiness? HumbleDollar…

Are You Stuck In A Bad Money Relationship?

Bad money relationships are worse than romantic debacles. High-intensity drama is painful. Living paycheck to paycheck generates worse long term negative effects. The divorce rate for couples over 50 has skyrocketed over the past 25 years. Differences over money are the number one reason in many circumstances. There are many ways why things go south…