Don’t Be The Greater Fool
Bitcoin ETFs were just approved by the SEC, and the price of Bitcoin has been rising since Oct'23 in anticipation. Advocates of Bitcoin claim that this is proof of the demand from the investing public for access to Bitcoin. They say this is the future of investing.
Planning For A $300,000 Investment
Have you ever wondered about the financial commitment of raising a child? According to a 2022 study from the Brookings Institute, the estimated cost is $310,605 before college.
The Cost of Stock Picking
Index Funds for the win!!
Personal Finance Resolutions - 2024
The New Year is a great time to get your personal finances in order. Here are some ideas on small steps you can take today to begin building your net worth in 2024.
Adaptive Planning Explained
Traditional financial advisors will help you with investments, but little else. Have you considered how many financial decisions you will make in the next 5 years?
Best Places To Park Your Cash
You should not be trying to time the stock market and move money in-and-out of your long term investments. These options are for emergency funds, liquid cash needs, or short term investment needs only. The bulk of your money should be invested with your long term strategy in mind.
6 Celebrities Who Lost Millions In The NFT Crash
The NFT market has crashed in recent months, and celebrities have not been spared. Here are the top 6 celebrities who have lost millions in NFTs.
Saving Money on Taxes
As 2023 comes to an end, people are asking about tax saving strategies. Here are a few to consider.
Common Investing Mistakes
Recognizing common behavioral mistakes can make a world of difference in your portfolio's performance. Here are three issues that often trip up investors and how to navigate them.
Avoiding Lifestyle Creep
Lifestyle creep is a phenomenon where people increase their spending as their income increases, leading to a higher cost of living and less disposable income. This can be a dangerous cycle that can lead to financial instability and debt.
Pay Yourself First
Your savings rate is key for measuring your financial health and achieving financial independence.But which comes first: saving money or paying expenses?
Healthcare Plans
It's that time of year when you can sign up for a new health insurance plan or change your existing plan. It's important to choose a plan that meets your needs and budget.
The Death of Active Management
The latest SPIVA report card was just released showing a whopping 97% of mutual funds underperforming their own benchmarks. There is no legitimate excuse to be paying Wall St. mutual fund stock pickers anymore.
Navigating Insurance
In the confusing world of insurance products, the right approach is to separate the role of insurance from investments. As someone smart once explained it to me, "The role of insurance is to protect against sudden and catastrophic loss."
Combining Finances In A Relationship
Managing money in a relationship can be challenging, but sharing financial responsibilities can lead to stronger partnerships. According to a recent study by LendingTree, here's what we discovered about how American millennials view and manage their finances as couples.
Tax Planning Strategies
Tax evasion is illegal. Tax avoidance is encouraged. Here is how a financial advisor adds value with tax planning and strategy.
The Price of Real Estate
Census data speaks volumes about the uphill battle millennials face in achieving homeownership dreams. The numbers tell a tale of soaring home prices and stagnant wages, creating an increasingly challenging landscape.