Rolling the dice on returns. When a man walks into a casino in Monte Carlo and rolls a pair of dice at the craps table, he has a 1 in 36 chance (62=36) of the dice lying face up in any particular combination. He knows this because...
Are you taking full advantage of your company’s 401(k)? The 401(k) plan is one of the most widely-utilized wealth creation tools offered Americans. These retirement savings plans have several advantages, including dollar cost averaging, tax savings and tax deferral. However, one of the most powerful advantages...
Why might the wealthy be directing more money into this middle-class bedrock? For generations, Americans have thought of life insurance as a midlife purchase of the middle class. Today, that perception is less accurate. Wealthier Americans seem to be buying more life insurance. Affluent individuals are recognizing...
There’s nothing like doing your homework and being selective. When we buy a car or a house, consider a school for our children, or plan our next vacation, what kind of approach do we take? For one thing, we take our time. We shop around and...
A new perception has taken hold: “independent” is better. That search often leads them to a fee-based or fee-only financial advisor. A pleasant alternative to Wall Street. A paradigm shift is happening, and the traditional brokerage houses are lagging. While old-school “stock brokers” have gone the way...
These two objectives are not mutually exclusive. It can be done. All across America, families are meeting a mighty financial challenge – the challenge of paying college costs with retirement potentially on the horizon. How do they do it? They go about it consistently; they also...
Is your investment strategy as socially and environmentally conscious as you are? It’s not uncommon … Many a well-educated, socially conscious, environmentally friendly investor winds up buying shares of companies whose beliefs and business practices are far removed from their own. Why? Most investors simply haven’t...
If you’re going to say “I do”, here are some things you might want to do. Are you marrying soon? Have you recently married? As you begin your life together, it's important for you to start planning your financial future together and putting your finances on...
The Market Has Rebounded … Is it Poised to Keep Rising? Remember when people were getting out of stocks? In the last quarter of 2008 and the first quarter of 2009, some people made the decision to move money into forms of investment with low or...