What is Estate and Legacy Planning?
Legacy planning is the new phrase that is used synonymously with estate planning these days, and is the general process of arranging your financial affairs in a way that reflects your main priorities and values. People often think about wills and trusts, and this type of planning will always incorporate that, but the documents are… Read More »
Are Complex Investments Worthy of Consideration?
Author, speaker and friend Mary Hunt of Debt Proof Living asked me recently to write an article about Credit Default Swaps, and I thought that was a great idea, and while I was at it, I thought I’d expand the subject to address complex investments in general. The simple answer to this question posed, is yes… Read More »
Do You Have a Financial Compass?
Many people do not have a financial compass, and they are constantly blown around by the financial winds of the day. The winds come from many directions; the demands of our personal and business needs, wants, emergencies, the emotions of the stock and bond market, and from sales offers from a wide range of investment… Read More »
Consolidate 401k, 403b and 457 accounts
Have you always worked for the same company? Most people answer no to this question. In fact, people change jobs much more frequently today than in previous generations. There are a whole host of reasons, from corporate downsizing to finding a better opportunity. Perhaps you have an employer-sponsored retirement plan with one or several previous… Read More »
Investment Terms Demystified
Many people these days are encouraged to become more knowledgable about financial matters, but often come across financial terms that are a mystery. This can be discouraging and confusing. The financial world, like everything else, has its own vocabulary. If you want to know about a hedge fund, ETF, or nearly anything else financial, just go to the… Read More »
Washington DC Corruption?
Did you know that our Federal lawmakers are exempt from insider trading laws? According to the report on 11/13/11 CBS 60 minutes lawmakers can and do buy stock and real estate based on secret inside information, in some cases information that they are privy to because they serve on special private committees. If anyone else… Read More »
Investment Secrets of the Rich and Famous?
From time to time I am asked if there are investment secrets that only the wealthy know about? When I walk through bookstores, I see titles of books that make me think so. Everyone wants to think there are short cuts, or secret ways to instant success or dramatic investment returns. I think that since we… Read More »
9 Steps to Master Your 401(k)
Your employer-provided retirement plan (e.g., 401k) is one of the most important pieces of your financial plan — yet it is often misunderstood and under-utilized. Master your retirement plan to retire early, on time, and achieve financial success. During this time of year, either 4th quarter or the 1st quarter of next year, your company… Read More »
The truth about teens in debt
This is a guest post from Stewart Smith In the present financial situation, the money that you earn from your job is just not sufficient to cover everything you want. Now, the most obvious solution would be to get a credit card in order to fulfill all your desires. Well, this is the way how… Read More »
The Economic Cost of Angry Birds
Interesting and funny but unscientific article about the amount of time consumed playing just one game, Angry Birds. This article cites a recent report that around the world people spend 200 million minutes on Angry Birds every day. This adds up to 866,666,667 hours per year in America, and might compute to 43.3 million working hours, that at $20 per hour… Read More »
