Forget about the 30 vs. 15-year mortgage question. You can have no more mortgage in a very short time. It will require commitment, work and different financial behavior, but you can get it done if it’s important to you. Here’s how: 1. Commit. Any great financial endeavor needs commitment, and this is no exception. There […]
What Determines Social Security Benefits Eligibility
People often skip over planning for Social Security benefits eligibility while they are working. That’s because we’re all busy investing for retirement and it’s easy to forget one of the most important elements of retirement planning. Social Security has for decades been one of the primary sources of retirement income for tens of millions of […]
5 Reasons Why You Lose Your Money Investing
There are just a handful of reasons why you lose your money investing. Once you understand what causes your investment losses, it will be easier for you to curtail these setbacks. Let’s look at these in order of least to most expensive: 5. Wrong Expectations The first reason is that investors have the wrong expectations. […]
Investment Solutions for Retirees
If you are a retiree, you need different investment solutions compared to people who are still working. My experience tells me that this is so for two reasons. First, a retiree usually can’t add to her retirement nest egg. Once she stops working, that’s all she’s going to ever have. As a result, she is […]
High 401k Fees – What You Can Do About It
If you participate in a 401k you should be aware of 401k fees. Many people think that there are no fees associated with a 401k and that’s a very costly mistake. I say that because, in most cases 401k plans are extremely expensive. But that isn’t even the biggest problem. The biggest problem is that […]
What is a Commodity ETF and Why Do They Stink?
What is a commodity ETF? They are ETF investments that buy …you guessed it….commodities. So…what is a commodity? That’s simply a tangible good that is the same (within it’s grade) no matter where you buy it. Gold is gold. Corn is corn. Wheat is wheat. Lumber is lumber. It’s all the same and there are […]