In a recent article, I explored results coming out of Morningstar’s recent research into the success rate of active funds vs. passive ones (the full report is online: US Active/Passive Barometer – Midyear 2023). The gist of the report is that in the short term (one year), active funds are more likely than not to […]
I was in my early 30s and had recently arrived in the US with a wife and two toddlers. Things were tight, living on $31k. Very tight. We were beyond happy to find that the local hospital cafeteria sold hot meals for under $3 because $0.20 supermarket ramen noodle packets were often dinner at our […]
How much you should invest in stocks in retirement depends on what you prioritize I’ve been thinking about “retirement” for three decades. I put the word in quotation marks because I don’t mean to ever retire in the accepted meaning of the word. When I was 30, an Ameriprise financial planner who wanted to sign […]
Whether you’re new to investing or have years of experience, embarking on your financial journey requires careful navigation through a myriad of choices and decisions. Selecting the right financial advisor is one of the critical decisions that can significantly impact your financial stability and growth. This step necessitates thorough research, due diligence, and a clear […]
Are you looking to optimize your investment portfolio and maximize your returns? Look no further! In this article, we will explore five asset allocation strategies that can help you achieve your financial goals. Successful investors understand the importance of diversification. By spreading your investments across different asset classes, such as stocks, bonds, real estate, etc., […]
While nothing is certain in investing, the trend of investors pouring more money into exchange-traded funds (ETFs) and pulling cash out of mutual funds continues unabated. ETFs have become the darling of financial media, with a chorus of industry pundits sounding the death knell for mutual funds as ETF adoption soars to new levels. Yet […]
Are you a Christian interested in aligning your investments with your religious values? A style of faith-based investing, referred to as Biblically Responsible Investing (BRI), offers Christians the opportunity to allocate their savings to companies and investment products screened for their commitment to upholding Christian values. You’ll likely find dozens of Christian financial advisors in […]
My most recent personal finance read was The Four-Minute Millionaire by Niklas Göke, and I’m still mulling over some of the insights gained. No, Göke does not show you how to reach millionaire status in four minutes (that would be a fun, if unrealistic, read). He does however give you a number of small daily […]
Have you started thinking about retirement and begun to worry about what life in retirement will be like if you don’t build a whopping big nest egg? Experts estimate a comfortable retirement requires $1.04 million dollars saved up. Factor in even a few years of high inflation and a couple of decades of average inflation, […]