When you consider investing in a mutual fund, one key consideration is historical performance. That makes sense. The only problem is that many people look at the wrong data. As a result they can make bad decisions, and as a result they lose money unnecessarily. If you own mutual funds, you deserve to own the best performers. […]
Never Run Out Of Money – 5 Rules To Follow
No matter how much money you have, you probably have some degree of financial anxiety. That’s OK. In fact, it’s healthy to a degree. But if you are worried about running out of money you can cool down right now. Here are 5 rules which, if followed, can help you scratch finances off your “worried […]
What Is A Bucket Strategy For Retirement Income?
Financial security is all about income. You can have millions in assets. But if you don’t have an income system that works, how are you going to pay your bills? Some retirees try to solve this problem by using a bucket strategy. Let’s take a look at what that is and if it really works […]
How to Open an IRA and Avoid the Pitfalls
You can wait to open your IRA until April 15th next year if you want. By why wait? It’s a pretty easy process but you do need to be careful. There are a few potholes you don’t want to step into. Those obstacles can cost you time and money. Who needs that? Let’s go through […]
How to Invest 401k Money Right Now
Regardless of what is happening in the market at any one time, smart investors understand that how they invest their 401k right now is really important. The results might not show up immediately but they are cumulative. That means how you invest, the process you use and the resulting actions you take, are going to […]
How to Deal With Adult Children Living At Home
Are you ready to have your adult children living at home with you again? Like it or not it’s a distinct possibility. According to a Pew Research Center survey done recently almost a third of all parents in the United States are seeing their adult children move back home. I have two adult children and […]