Have you ever felt that investing is like gambling? You put your money down and you take your chances. Right? Well…….it can feel like that. And it can actually be like that. But it does not have to actually be that way. Like gambling, investing entails risk. This is true whether you invest passively or […]
Investing Strategies
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
Newly Married With Debt – What to Do
Debt is so common today, especially among young people. There are student loans, credit cards and car loans and everyone seems to have them. For that reason, it’s easy to underestimate the significance of debt when getting married. We tend to see debt as very personal, as if it’s our space. But once you get […]
Should You Buy A Franchise?
Have you ever dreamed of owning a McDonalds, IHOP, UPS Store, Domino’s Pizza or Jiffy Lube? If so, franchising might be for you. There are some distinct advantages to starting your business by franchising but there are also some pretty significant drawbacks. Let’s step behind the curtain and learn more. What Is Franchising? Franchising is […]
Investment Strategies that Work – Day 3 – Is Buy and Hold Dead or Alive?
The following post was first published April 22, 2009 – almost exactly the day when the market hit a bottom after the 2008 crash and started a long and profitable recovery. This article is part of a series that discussed a variety of investment strategies. The main lesson is as valuable today as it was […]
Investing for Income – 5 Tactics to Combat Low Interest Rates
If you are trying to invest for income, you have to be frustrated by persistent low interest rates. This is especially difficult if you are retired or are planning on retiring now. If you’re very lucky, you might get 1.25% for a CD. After inflation and taxes, you’re losing money of course. But you’d still […]
How To Take Larger Income Withdrawals Without Going Broke
Let’s say your main objective is to maximize retirement income and you aren’t concerned about leaving a ton of money for the kids. That being the case, you might take out more than you otherwise would, but you still have to be careful not to go through your nest egg too quickly. How do you […]