When it comes to retirement planning, 1 in 2 people accurately know where they stand.*The other half are almost evenly divided between those who are over-confident and those who are under-confident about what lays ahead. If you are a member of either group it’s time to re-think your position – muy pronto. Here’s why. If […]
Should You Buy a House with Bad Credit?
Interest rates are still low even though home prices have increased. Still, homes are still very affordable. Does that mean you should buy a house no matter what? What if your credit is down the drain? Should you buy a house with cloudy credit? I don’t think so. And I’ll illustrate why by sharing […]
How To Understand Mutual Fund Fees
If you want to understand mutual fund fees and how they impact fund performance, it’s important to first understand our terms. The mutual fund industry likes to keep their vernacular nice and muddy so you don’t question what they do with your money. Let’s unravel that mess right now so you can fully understand what […]
When Frugal Becomes Dumb
This frugal life I’ve been writing about on the blog is important. In fact, ever since I started writing this blog, I’ve been trying to promote the virtues of frugality. Why spend money needlessly? I haven’t changed my mind about these things but I did have a unforeseen shift in attitude a couple of years […]
Financial Resilience – How to Cope with Failure
We all face financial situations we don’t know how to deal with at one time or another. The important point is to be able to bounce back. But how? It’s not easy to recover — especially when you’ve fallen from great heights. John was the “dentist to the stars.” He treated the biggest names in […]
How To Choose The Right Mutual Fund
Let’s say you know you want to invest in equity funds. Great. But how do you determine exactly which fund to buy? This is important stuff. If you use the wrong criteria, you’ll probably end up with the wrong fund and that could leave a mark. Ouch…. The Two Greatest Mistakes To Avoid When Selecting […]