Facebook and texting. Those two phenomenon prove that people are choosing electronic connections over personal connections more and more. So does it make sense to turn your money over to a computerized financial planner while you’re at it? There are plenty of companies out there who want to convince you that it’s a smart move. […]
Are Your Money Market Funds At Risk?
You are probably used to seeing your money market mutual fund share price stay at $1 per share. Steady as a rock….right? Well, that could change – big time. The SEC recently voted to force certain money market mutual funds to float their share prices rather than maintain a constant $1 a share price. That […]
How Much Will My Investments Make?
Before you plunk down your hard-earned money, it’s nice to know what kind of returns you can expect. That’s only natural. But if you are looking for exact answers and you are talking about long-term investments I have bad news for you. No matter what you do, you can never know the answer until after […]
The 11 Financial Habits Of The Ridiculously Successful
How you think and behave have a lot more to do with how successful you become than what you have and what you earn. I’m going to repeat that because it is the most empowering line I’ve ever written. How you think and behave have a lot more to do with how successful you become […]
What Is Turnover? Is It Important?
Turnover is a term you’ll often hear when people talk about mutual funds and ETFs. What does it mean and is it important? What Is Turnover? Turnover refers to the number of times a portfolio is bought or sold during a year. Investors look at that number because it helps them understand how frequently the […]
What Is An Income Annuity?
When the stock market gets rocky people look for alternatives. And one option that captures many people’s attention is the income annuity. Let’s take a look at what this financial contraption is and if it makes any sense for you or not. Income Annuity Defined An income annuity is a series of equal payments you […]