Right now, the stock market is making headlines, setting new records almost every day. Investors are celebrating, and it seems like everything is going great. But, before we start cheering along with them, let’s take a step back and understand some essential investing lessons. Learning these simple principles of investing can set you on a path to financial success in the future. Read More
Wall Street vs. Main Street vs. Wall Street
In the world of finance, two distinct terms often arise: Wall Street and Main Street. These terms represent different aspects of the financial world, but they also share some similarities. Let’s delve into both the differences and similarities between Wall Street and Main Street and how they impact investors. Read More
Activity Does Not Equal Control
Most financial advisors and investors get a false sense of security by believing that the more movement you make in your portfolio the more in control you are and the better your portfolio will perform. If are constantly moving, you are actually doing something. Read More
Why It’s Crucial for Husbands to Share Financial Info with Their Wives
In many marriages, conversations about finances often take a back seat. However, it’s vital for husbands to break this norm and share details about their assets with their wives. This step is not just about money; it’s about building a foundation of trust and partnership. Read More
The Only Way to Measure Performance
This is the time of year everyone’s looking at how their investments performed. Don’t make the HUGE MISTAKE most other people make. First, I have a quick story to share with you, so here it goes. Read More
Why Your Home Isn’t Always a Great Investment (And Why Renting Can Make Sense)
For generations, owning a home in the United States has been synonymous with financial stability and success. The idea is simple: purchase a property, watch its value rise over time, and benefit from the appreciation. However, like any investment, home ownership isn’t foolproof and with the rise in home costs, it’s often unaffordable to purchase a home. In many scenarios, renting might be a wiser choice. Here are four reasons why a home might not be the excellent investment you think, followed by four compelling reasons to consider renting instead. Read More
Do You Need a Will, Trust, or Both?
Estate planning may sound like something only the ultra-wealthy need to think about. Images of sprawling mansions, vintage cars, and family heirlooms might come to mind. However, estate planning isn’t just about wealth. It’s about ensuring that what you leave behind, no matter how modest or grand, is handled the way you want it to be. Read More
Are Your Kids Ready to Take Your Money
It’s a common problem: When passed to the next generation, wealth evaporates instead of increasing. There are even proverbs across time and cultures reflecting this phenomenon: Read More
Why Financial Media Is Obsessed with Economic Apocalypse (And Why You Shouldn’t Be)
In an age where 24-hour news cycles and breaking updates ping our smartphones by the minute, one cannot help but notice a recurrent theme in financial media: the obsession with economic doom and the end of the world as we know it. From market crashes to currency collapses, these apocalyptic predictions have become as predictable as the morning’s sunrise. But why? And should investors really be on high alert? Read More
Key Ages in Your Retirement
Many investors look ahead to certain events in their lives as they plan their retirement. These are mostly age-based milestones, the times when investors make financial decisions that will affect their retirement for better or for worse. Read More