Inflation is low right now, but it won’t stay that way forever. At some point, inflation will heat up and that might cause interest rates to go up. So what’s an investor to do? Glad you asked. Some people think that the only way to go is to buy government bonds which are tied to […]
How to Use Car Financial Services Companies Safely
When you need a car you can’t really putz around. You’ve got to get those wheels pronto or your entire world can fall apart. The question is, should you turn to car financial services companies if you don’t have the money to pay for the auto? And if you have to go that route, how […]
How to Avoid IRS Audits
Even though tax season is well behind us, there are steps you can (and should) take today to make the possibility of a future IRS audit a remote possibility. Keep in mind that after December 31st passes, you may not be able to alter your tax strategy for the prior year. That’s why it’s so […]
What Are Systematic Withdrawals?
When you take a fixed amount from your investments or savings at fixed intervals you are taking a systematic withdrawal. So in other words, if you withdraw $500 from your account every month, that’s a systematic withdrawal. “Simplisimo”! Why Are Systematic Withdrawals Your Secret Weapon For Enhanced Retirement Income? Systematic withdrawals could be the key […]
Are Your Financial Decisions Based On Fact Or Opinion?
There is nothing wrong with having an opinion. But there is a lot wrong when you make the mistake of confusing opinions with facts. Indeed, when you make that error you run the real risk of running your financial ship aground irreparably. This is important stuff. Your mindset is the single greatest predictor of your […]
Cold Hard Facts About Money and Marriage
If you want to save your money and marriage, financial balance is crucial. A good (and bad) example of this is the story of my friend Jim. I’ve never seen a person more upset about money. His multi-million dollar business was dying. I agree, that’s a hard pill to swallow. He worked hard for 23 […]