With market indexes hitting all time highs these days, it’s tough to know what to do with your money. If you are sitting on $5,000 or $10,000 (or more) you are probably wondering what to do. Who wants to invest at the top and then get whacked by a downturn? Nobody. On the other hand, […]
Why You Do Not Need Life Insurance After You Retire
If you are like most people, you probably won’t need life insurance after you retire. Many life insurance argue that you do of course. That’s OK. In 95% of the cases they are wrong. Here’s why. 1. Protection Life insurance is a fantastic way to protect people who rely on you in case you die. […]
Is It OK to Make Less Money than You Could?
From the time we are tiny Pilgrims, many of us get the idea that it’s important to make as much money as possible when we grow up. Many of us hold on to that idea for a long time. While maximizing our potential is super important,there are many condititions that make it smart to earn less […]
How to Make Investments and Make Money — The Secret Revealed
If you want to make money with your investments, keep your emotions out of the mix. Investment mistakes happen easily when your emotions run high. And your mindset is the greatest determinant of your financial success. The problem is you can become emotional quickly if you have easy access to your investments. I realized this […]
How Much Money Do You Need To Retire?
How much money do you need to retire? Of course, part of the answer depends on how you invest your money and how much income those investments generate. But you may be surprised to discover that a far more important determinant of retirement success is your spending. In any case, we’ll handle both these subjects. But let […]
How to Create Safe Income from Mutual Funds
There are many ways to create income from mutual funds. But there are only a few that are really safe over the long-run (which we’ll get to). Many people think that they can buy mutual funds that buy bonds or preferred stocks and that by so doing they’ll safely get the income they want. It’s […]