I read an article today that sounded depressingly familiar. Someone didn’t trust the stock market so they put their money into an investment their broker recommended that they didn’t fully understand and had some ...(more)
For many, death is something we don’t want to talk or even think about. But the passing of the family wage earner can be devastating, both emotionally and financially, so you may want to consider what your family would ...(more)
It is a cold fact that most married women will one day be widows – U.S. Census figures indicate that, on average, widows survive their spouses by 14 years. In one out of five cases it won’t happen, but in the backs of ...(more)
More than 80% of married couples disagree about important aspects of their retirement plans, according to a recent survey, the latest among several that show couples either at odds over their plans or unaware of ...(more)
I probably shouldn't be telling anyone this (as a financial advisor), but money management can be really easy. So easy that you think you are doing it wrong or missing something.
Here are some basics for people who ...(more)
Your financial advisor is probably a nice guy. You might even be connected to him/her personally in some way.
I hate to say it, but chances are this nice guy is overcharging you. If he works for a big brokerage firm ...(more)
Each year, the financial magazine Barrons ranks the top financial advisors.
How do they do it? On their website, they say their methodology is proprietary, but has three major components: assets managed, revenue ...(more)
When I tell young people who have no assets and are in love to get a prenup, they look at me like some crazy old man who is insulting their holy, eternal bond.
Getting married without a prenup is one of the stupidest ...(more)
What happens after you are dead is up to you.
Do you want to leave chaos and angst behind, or do you want to help your loved ones deal with your passing and perhaps provide them with the best possible ...(more)
“You know the funny thing, I don’t get along with rich people. I get along with the middle class and the poor people better than I get along with the rich people.”–Donald Trump
“Money solves your money problems.”–James ...(more)
Did you take the time to read The American Taxpayer Relief Act of 2012? If you are like most Americans not only did you not read it, you may not even know what it is! The Act, better known as the Fiscal Cliff deal, ...(more)
Do you hear people talk about being in the financial “red zone” and wonder what this means? The “red zone” is often referred to as those critical savings years, just before retirement.
Are you looking for ways to ...(more)
Many myths surround these popular estate planning tools.
If you fear probate, consider a living trust. If you worry about your will being contested or your heirs fighting over your assets, a revocable living trust ...(more)
What makes financial sense for some baby boomers may not make sense for you.
There is no “typical” retirement. Many baby boomers want to believe they will have one, and their futures may indeed unfold as planned. ...(more)
When people talk about the market being “up” or “down,” they are specifically referring to the overall performance of securities traded through the various exchanges. These peaks and valleys can be identified through ...(more)
Blood and tears too.
“By working faithfully eight hours a day you may eventually get to be boss and work twelve hours a day.”–Robert Frost
I was fortunate enough to be able to cofound a company which, seven years ...(more)
First of all, remember that the money is yours and not the company you are leaving. It's your retirement account and you have the right to decide what to do with your 401(k) when you switch jobs, but you need to know ...(more)
Life isn’t one of these.
“I notice that you got it. You notice that I want it. Know that I can take it to the next level baby.”–Nicki Minaj
Yes, I feel dirty for quoting a Nicki Minaj song, just for the record.
How ...(more)
Dear Investors,
I’m not sure that the change of a calendar year holds as much significance to any other profession as it does to the professional investor. Investors are by practice intensely aware of cyclicality ...(more)
Dear Investors,
It’s already been a great year for stocks, and we’re only a month into 2012. January was the best first month of the year since 1997 with the S&P 500 finishing up over 4%. Historically, such ...(more)
