How do you know if you are on the right path financially or not? There are so many metrics and benchmarks to consider; income, net worth, home equity, spending, investment balances and on and on. In fact, there is so much data at your disposal these days you can easily get lost in the thicket. […]
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
If you own bonds you already know that when it comes due (matures) you are supposed to get your money back. The question is, how does that happen? You might think this is a straight forward process – and it can be. But it depends on how you hold the bonds. That’s because there are […]
When the Fed recently announced that they weren’t increasing the rates they charge banks to borrow, some investors got angry. News commentators were lamenting the poor situation that savers were stuck in and how little they earn on their nest egg. While I understood what they were saying, I vehemently disagreed with their position. I’m […]
If you are under 35, I’m worried about you. Really worried. That’s because chances are high you aren’t investing. A Gallup Poll released recently indicates that fewer than half of all households led by people who are 35 or younger own any equity funds or stocks. What that tells me is that young people are […]
Are you up for a challenge? How about challenging yourself to put away a cool $5k over the next 12 months? If you follow the five steps below, you should be able save that much (at least) and do so without breaking a sweat. Let’s start the savings parade. 1. Reduce Interest Costs There aren’t […]
There are no two ways about it. It’s been frightening for investors for the last 6 months. Are things going to turn around soon or get a lot worse? Of course, nobody knows what the future holds for the stock market. But one thing I do know is the media is really terrible at helping […]