If you are confused about finances I can understand. When someone is talking about money, you might feel that they are speaking Martian. And even if you understand how money and investments work, you have to understand that it works differently for different people. What’s important to people your parent’s age may not be important […]
How These Millennials Bought Their First Home in Two Years
Three years ago Jim and Carrie only dreamed of owning property. They were in debt, had little savings and felt lost. Within 24 months they actually bought their first home despite facing real financial challenges. Here is how they did it – and how you can replicate their success. Background When I met Jim and […]
How to Use RMD Tables
If you own a retirement account and you are over 70 1/2 you have to take minimum distributions referred to as RMDs. The amount you need to withdraw is based on IRS formulas that are presented in RMD tables. So those tables tell you exactly what your RMD must be. These are not hard to […]
Rules of Investment Success That Make Money
There are 5 rules that, if followed, will lead you to financial success. My 30 years of experience in the financial professional tells me that if you follow them you will absolutely make a great deal of money. To make this even better, let me share that you can implement them yourself. You don’t need […]
Stock Index Funds – 2 Overlooked Truths
Stock index funds are wildly popular – and for good reason. They allow you to participate in stock market performance with a diversified portfolio at a fraction of the cost that most mutual funds charge. It’s a pretty compelling story – but it’s not the complete story. Unfortunately, many investors fail to consider the entire […]
What Should I Study? A Different Approach
You have a rare opportunity during the holidays to sit down with the younger side of your clan to discuss their future and discuss which field of study they plan to pursue. The kids may act like they don’t want to talk about it but you both know they need to have the conversation. The […]