These financial “gurus” reach millions of people a day, and for the most part, give pretty good advice. However, that doesn’t mean that their advice is good for you. Why? The financial shows they advise for are geared towards the sound bite; entertaining, generic, broad, and quick. For example, a common piece of advice given is that a Roth … Read More
Incredible Retirement Tip: How To Measure Market Performance
Can you tell me how your investment portfolio performed last year? Don’t worry, this isn’t a trick question. Some of you will probably answer that your holdings were up X% from the previous year or that you outperformed the stock market. That is one way to assess your investment success but, in my view, it’s not the right way. … Read More
Could your spouse take over the family finances
Here’s what you need to know if your spouse can’t (or doesn’t want to) handle the family finances if something happens to you!
A Retirement Story: The Biggest Money Mistake That Couples Make
Many spouses assume certain roles when it comes to finances. One person tends to make more of the financial decisions themselves, while excluding their spouse from the process; sometimes even keeping important information from their family. This story, from Brian Fricke, shares how falling into those roles and habits can be a big money mistake later on: Mary, a … Read More