In contrast to the almost universal cry to “never give up” I believe it is more important to learn to take “no” for an answer and just fire yourself sometimes. Those are the times when you should not give yourself another chance. Where you throw in the towel and look for something else to do, […]
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.
How to Increase Withdrawal Rates by 20%
At some point (if you haven’t already reached it) you’re going to want to tap into your nest egg. Of course the big question is what are safe withdrawal rates? In other words, how much money can you take out of your portfolio without depleting it too quickly? The conventional wisdom is that you can […]
How to Delegate for Small Business Success
Every successful small business owner must learn how to delegate if he or she wants to be successful. Many skills are involved and no person can be an expert in all of them. That’s why you must put others in charge of some aspects of your business if you want to maximize all your opportunities. […]
Scottrade Review – A Certified Financial Planner (R) Professional Weighs In
If you are in the market for an online broker, this Scottrade review will save you a lot of time and money. I’m going to spotlight the good, the bad and the ugly when it comes to this company. Over the last 28 years, I’ve learned what’s important about brokerage firms and my findings will […]
Women and Wealth vs Men and Money
There is no doubt about it. Research proves that women and wealth are a better match than men and money. Women are simply better investors than men. Professors Brad Barber and Terrance Odean published a paper a few years ago that found women less likely to be overconfident when it comes to investing. As a […]
What is an ETN?
You may have heard of ETN’s. I keep hearing the term being thrown around all over the place but I never see it defined. So what is an ETN? “ETN” stands for Exchange Traded Note. It sounds similar to an ETF (Exchange Traded Fund) but it is very different. When you pick an ETF it […]