If you are thinking about how to downsize your home, you might be on to something big. It’s often one of the best ways to secure your financial situation. Then again, you could be wasting your time entirely. Let’s explore. It’s true that maintaining a home is much more expensive than people realize. And the […]
New ETF Problems You Need To Know About
There is a new batch of ETF problems surfacing that you need to know about if you invest in Exchange Traded Funds. Even though ETFs are touted because of their very low fund fees, they may not be as benign as previously thought. Investment News recently wrote about a shareholder lawsuit that has been leveled […]
Are You Looking For Income In the Wrong Places?
Interest rates have inched up but they are still ridiculously low. As a result you might be one of many people desperately looking for income. That’s fine. But the problem is that many investors look for that income in the wrong places and take risks they may not be aware of. Let’s take a […]
Why Really Smart People Lose Money
Please look carefully at the picture of the bell curve above. It is the key to understanding why most people lose money investing. The good news is that once you understand this picture it can help you avoid making catastrophic investment mistakes. Don’t worry. This isn’t a statistics lesson. But even if it were, […]
How to Apologize When Money Is Involved
Some people don’t know how to apologize. They can behave really badly towards another human being without giving it a second thought. These people are known as sociopaths. But even normal people find it difficult to make an apology sometimes. This is even truer when money is involved. I don’t know about you, but when […]
Is Buying A Vacation Home Now Smart?
With real estate prices and interest rates this low, is buying a vacation home a good idea? More and more people think so according to the National Association of Realtors*. They recently reported a 7% jump in vacation home purchases. Foreclosures and short-sale properties only contribute to this surge in vacation home purchases. But is […]