I was talking to my accountability partner Red earlier today about a few challenges I was facing. Like most people, I had a lot on my plate and I thought Red ought to know about it (in excruciating detail). He didn’t provide a shoulder to cry on and he didn’t attack me for being a […]
How Risky Are Your Target Date Funds Now?
Target date funds are some of the most popular investment choices among retirement plan participants today. I understand why people put their money into these funds even though I think there are far better choices. But investors may not understand exactly what they are getting into when they pull the target date fund lever and […]
What Is The Best Way To Buy A Mutual Fund?
Should you buy your mutual funds directly from a mutual fund company or should you buy them through a custodian like TD Ameritrade or Fidelity? Does it matter? As you’ll see, it matters a great deal. In fact, where you buy your funds might be one of the most important decisions of your investing career. […]
Do Headlines And News Help You Invest Better?
Probably not. At least not if you want to grow your money safely. Take a look at the following headlines from March 2003: US car sales in February fell 41% to a 9.1 million annual rate, Bloomberg ADP reported that companies cut an estimated 697,000 workers in February. , Bloomberg Report: 20% of Home Mortgages […]
Retirement Lump Sum – Your Best Choice?
When you retire you want to reduce your worries and concerns. And besides health, there is nothing that retirees worry more about than income. That being the case, many are drawn to the idea of taking a monthly pension or payout from their retirement plan rather than the lump sum offer. There are benefits to […]
How To Refinance Your Credit Card Debt Fast and Save Huge
If you’re saddled with high-cost credit card debt it can feel like you are in a prison. That expensive old debt weighs down your credit rating so it’s hard to refinance at a lower rate. And because so much of your income is going towards your pricey interest costs, you don’t have much cash left […]