Some bulls see great opportunities in this correction. “The lower things go, the more I buy.” The legendary Warren Buffett said those words on August 9 in a chat with Fortune. Buffett is a buy-and-hold kind of guy, and even if you don’t buy into his...
Unimpressed with U.S. deficit reduction plans, S&P delivers on its warning Unprecedented and unsettling. Standard & Poor’s issued a historic downgrade of U.S. debt on August 5, sensibly waiting until the market week had concluded to send a shock wave toward global investors. It reduced America’s...
WEEKLY QUOTE“It takes a long time to grow young.” – Pablo Picasso WEEKLY TIP Try to pay for nights out with cash. Dinner and a movie might turn into a $150 night on the town; why pay 14% interest on the memory? WEEKLY RIDDLE There are 2 nouns in the English language that...
WEEKLY QUOTE“If you don’t like something, change it. If you can’t change it, change your attitude.” – Maya Angelou WEEKLY TIP How much money do you spend on coffee annually? $1,000? More? If you are looking to save some money, buy instant and make coffee at home – or cut...
WEEKLY QUOTE“If you’re too big for a small job, you’re too small for a big one.” – Queen Rania of Jordan WEEKLY TIP Recognize the two kinds of risk in investing: the risk of losing principal and the risk of losing purchasing power. Many investors grasp the first risk, but...
WEEKLY QUOTE“You can't talk your way out of problems you behave yourself into.” – Dr. Stephen Covey WEEKLY TIP If your adult child takes a job without health insurance, remember that he or she can be covered by your employer's plan until age 26 under the new health care laws. WEEKLY RIDDLE New...
Why these stocks are looking attractive again to high net worth investors. Large caps have kept up with small caps this year. 2010 was a great year for small stocks – the Russell 2000 advanced 25.31% while the S&P 500 returned 12.78% (15.06% including dividends). This...
If you can’t afford a long term care policy, this may be a good alternative. Are you familiar with critical illness insurance? Some people aren’t. It doesn’t get as much attention as disability insurance or long term care coverage. But if you face a serious health...
Taking Care of Your Business After You’re Gone Business owners are builders. They spend their lives building a business that provides goods and services to their clients and provides themselves a living. But nothing can tear down that lifetime work faster than their own death, or...
Are you financially ready to raise a child? Family planning often means financial planning … and quite likely, a change in the way you see your finances. Whether you are starting a family or welcoming a new addition, there are financial realities you can’t ignore. Planning...