Financial Planning
« Previous Entries Next Entries »Quote of the Day – Annuities
Friday, September 23rd, 2011I would like to get into the habit of posting a quote of the day every day but for now I’ll post them when I come across them. Today’s (rather long) quote comes to us from the pages of The Ultimate Financial Plan: Balancing Your Money and Life* by Tim Maurer and Jim Stovall in [...]
PLEASE Make Your High School Kids Watch This Financial Planning Video Series!
Wednesday, July 13th, 2011I just found this on YouTube this morning and have been working my way through the videos. This is very well done except that it’s hard to hear the questions from the audience. Regardless, if you want to give your kids something that will have a positive impact on their lives, have them watch this [...]
My Advice to Those Just Starting Out: Keep Good Records
Wednesday, January 5th, 2011I spent the entire weekend organizing our files. I don’t know about you but going through files is like taking a walk down memory lane. There were the documents from our first mortgage (1999), medical files from my wife’s three pregnancies, pay stubbs going all the way back to 1998, 401(k) statements going all the [...]
A Baker’s Dozen of New Year’s Resolutions for Investors
Tuesday, December 14th, 2010Larry Swedroe sent me this email yesterday and I thought it was worth sharing. Each new year brings with it the opportunity to get a “fresh start.” Among the traditional New Year’s resolutions are to lose weight, get in shape and quit smoking. The following are my suggestions for resolutions for investors. 1. If you [...]
Another Equity Indexed Annuity I Would Avoid
Friday, September 10th, 2010My friend, Allan Roth, posted an article today about an equity indexed annuity that he came across (you can read Allan’s piece here). It’s an interesting piece that details certain tricks that companies use in order to lure people into their products. I want to focus on his trick #2 – “average annual” return. According [...]
The Basics: Setting and Reaching Financial Goals
Friday, August 6th, 2010One of the most important areas of personal finance is setting and reaching financial goals. Why are financial goals important? Without them, it’s likely you won’t save and invest your money wisely. Having goals tends to help us focus on what’s important. Without them, we tend to allow life to just happen to us. What [...]
16 Financial Tidbits for Newly Weds
Monday, April 19th, 2010My neighbors’ son is getting married in June. Thinking about his wedding, made me think of all the “advice” I have for this couple. I have a few things I can share from my own experience of being married nearly 17 years: 1. PATIENCE! It takes time for your finances to grow. When I moved [...]
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