It may seem shocking after just a few short years from the greatest market panic of our lifetime but major stock market indices are hitting new highs almost on a daily basis these days. Are you thinking of adding to your investment portfolio? Are mutual funds part of your strategy? FutureAdvisor helped me put together [...]
Would you pay hundreds of thousands of dollars if you could get the same (or better) product for pennies on the dollar? Probably not. Unfortunately, that’s exactly what people are doing with their 401k plans. The management fees these plans charge sound very innocuous. How much does 1 percent really add up to? The answer [...]
Sometimes, it seems as though personal finance advice is all about what you should have done. But we’re all able to easily identify the mistakes we’ve made in the past. The important advice is what you should do to correct those old mistakes. Shoulda coulda woulda is singularly unhelpful in those situations. This is particularly [...]
It wasn’t that long ago when a career would begin and end in the same workplace. For our parents and grandparents, staying with one job throughout the working years would not only foster a sense of job security, but it would also ensure a retirement. Those days are gone however, and with it the ability [...]
Common sense finance should be easy, right? But it’s not. Human nature and our inherent weaknesses cause us to make serious, expensive financial mistakes. What are the most basic, yet also most important financial tips that we would want our kids to follow? Some of these tips are painfully obvious, and we’ve included them here, [...]
Did you know that most New Year’s Resolutions are eventually broken? Some experts say that it just doesn’t make sense to make them – you end up disappointing yourself. But I still think New Year’s, or the beginning of each year, is a good time to reflect on the past and decide on things to [...]
