If there’s anything we learned in 2021 when it comes to investing in stocks, bonds, and real estate, it’s that yet again, the markets can prove to be unpredictable, defy logic and offer surprises around every corner. Sometimes we can correctly anticipate what’s coming based on our past investing experience. Other times, we’re reminded no […]
The year was 1955. My parents were buying their ever first home. My then-28-year-old mom pushed my then 31-year-old dad into taking on far more debt than he was comfortable with – their mortgage payments ate up half their income! To say things were tight would be an understatement. My oldest sister tells stories of […]
I’ve been (re) reading Your Money Or Your Life, by Joe Dominguez and Vicki Robin, and I’m glad I did, as is often the case, when you re-read a book that you read at an earlier life stage. I’m a different person now, and I understand some of the concepts in the book differently. Here […]
Most of us spend too much during the holidays, and most of us finish them feeling more stressed than we went into them. We tell ourselves it’s inevitable, but it’s really not. Being aware of why we over-spend can be the first step towards sticking to a sensible holiday budget. Here are ten reasons we […]
Are you entering or already in your peak earning years? If so, here are some great financial tips…. According to CNBC, college-educated, full-time workers reach peak earning around age 55, with median income about 87% higher than at age 22 for men, and 57% higher for women. At age 40, men’s median income is already […]
Seven months ago, I quoted Warren Buffet’s famous advice: “A low-cost fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.” I then wrote, “I’d be the last to argue that […]
Four of us weighed in on it, with different perspectives. It’s likely partly due to our age differences. Charlie Brown and Ben Le Fort are youngest, in their late 30s, Jason Clenenden is into his 40s, and the oldest of the bunch, I’m (barely still) in my 50s. But I think the real differences have […]
We all have those memories. The one decision that makes us cringe to this very day. The one other decision we’re incredibly happy to have made. These worst & best decisions aren’t limited to money decisions, but that’s what we’ll dig into today… Worst-Ever Money Decisions Revealed by Top Personal Finance Authors I’m happy to […]
If you live in a “developed country,” you know that two of the three biggest-ticket items you’re likely to ever buy are cars and homes. (The third is likely a college education – those come with some steep price tags these days! Sheesh!) It’s true for me too (except the college part – that was […]