Does working without pay ever make sense? Yes…but far less often than you might think. When I first started my business I didn’t understand this. I gave away too much of my time to too many people. I thought this might be a good way to transition into my new job. And I told myself […]
Mail Bag Question – 57 Years Old and Unemployed. Now What?
If you were 57 years old and lost your job, what would you do? At that age, it’s not so easy to start over. Her’s an email I received some time ago from a gentleman facing this exact problem: My biggest financial challenge: I am employed and will be losing a job in 4 months; […]
How To Start A Second Career
If your current career is fading or leaves you unsatisfied, there is no reason to feel stuck. There are plenty of ways to start a second career no matter what your age is. And the good news is you can be creative and make some serious cabbage at the same time. Set Your Sights Right […]
The Misdirection Of Mutual Fund Long Term Track Records
If you want to grow your money for the long-term you should probably avoid buying funds solely based on their 10 or 20 year track record. That’s because it’s highly unlikely that they will turn in a winning track record over the next 10 or 20 years. There are several reasons for this. First of […]
The Absolute Best Way to Invest $10,000 Now
With market indexes hitting all time highs these days, it’s tough to know what to do with your money. If you are sitting on $5,000 or $10,000 (or more) you are probably wondering what to do. Who wants to invest at the top and then get whacked by a downturn? Nobody. On the other hand, […]
Why You Do Not Need Life Insurance After You Retire
If you are like most people, you probably won’t need life insurance after you retire. Many life insurance argue that you do of course. That’s OK. In 95% of the cases they are wrong. Here’s why. 1. Protection Life insurance is a fantastic way to protect people who rely on you in case you die. […]