Economic and Stock Market Update Third Quarter 2014

stock market update

The market has been brutal over the last 6 weeks – and even more so last week.  Let’s get some perspective on what’s happening right now and some possible explanations of what’s behind it all. Year To Date As difficult as the market has been lately, indexes are still up year-to-date. If you consider what is [...]

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5 Ways To Keep Your Struggling Business Alive

Every small business owner sails into rough waters now and then.  Rather than go down with the ship, let’s identify where those problems are and what you can do about them. As I see it, there are 5 big trouble spots most businesses have to learn how to deal with: Cash Flow. Working Capital. Staffing. [...]

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Five Situations When You Should Not Contribute To A 401k

contribute to 401k

Normally it’s brilliant to take advantage of and make contributions to your 401k.  When you do, you get an immediate tax break (unless it’s a Roth 401k) and you build up a nice retirement nest egg for yourself to boot.  Not bad.  But there are 3 situations where making contributions to a 401k is a [...]

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How To Decide Between A Will Or Trust

family trust or will

In the past we examined the differences between a will and a trust. So which is the best choice for you? Pre-Game Warm Up Before we dive in, let me reiterate that the best way to know is to speak to a qualified attorney. But keep in mind that just because you meet with a [...]

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5 Money Lessons Your Kids Need Before It’s Too Late

money lessons

Do you really want your children to live with you until they hit their mid-30s? According to the Wall Street Journal and the U.S. Census Bureau, there is a good chance that could happen. They found that 32% of all people age 18 to 34 live with their parents. Drag. I love my kids as [...]

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How To Start Saving Money

Most rich people I know got wealthy starting from scratch.  If you think about that, it’s inspiring. It means that anyone can drastically improve their finances – including you. I don’t care how much money you make, it’s how much you save and invest that matters.  But many people I know simply don’t save as much as [...]

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