If you’ve already created your living trust, that’s fantastic. You should be congratulated for taking steps to protect all you’ve worked for and for safeguarding your family. Nice job Pilgrim. But your job’s not over. You’ve got to review your trust from time to time and update it as your financial life changes, your family’s situation […]
5 Retirement Hobbies that Will Save You a Fortune
Believe it or not, your retirement hobbies have a lot to do with your financial future. In fact, they could be the difference between having a successful retirement or not. Here’s why I say this. When you retire you’ll have lots of free time. If you don’t fill it up with some fulfilling activity, you’re […]
How Complaining Costs You A Fortune
I was talking to my accountability partner Red earlier today about a few challenges I was facing. Like most people, I had a lot on my plate and I thought Red ought to know about it (in excruciating detail). He didn’t provide a shoulder to cry on and he didn’t attack me for being a […]
How Risky Are Your Target Date Funds Now?
Target date funds are some of the most popular investment choices among retirement plan participants today. I understand why people put their money into these funds even though I think there are far better choices. But investors may not understand exactly what they are getting into when they pull the target date fund lever and […]
What Is The Best Way To Buy A Mutual Fund?
Should you buy your mutual funds directly from a mutual fund company or should you buy them through a custodian like TD Ameritrade or Fidelity? Does it matter? As you’ll see, it matters a great deal. In fact, where you buy your funds might be one of the most important decisions of your investing career. […]
Do Headlines And News Help You Invest Better?
Probably not. At least not if you want to grow your money safely. Take a look at the following headlines from March 2003: US car sales in February fell 41% to a 9.1 million annual rate, Bloomberg ADP reported that companies cut an estimated 697,000 workers in February. , Bloomberg Report: 20% of Home Mortgages […]