One of the things that many people wonder about is what accounts to invest in first. There are so many choices now, with online brokerages making it easy to open trading accounts. However, before you begin investing a great deal in a regular investment account, it’s a good idea to take stock of your tax […]
In these financial times, many people are looking for ways to get a little more cash — usually in lump sum form. The thinking is that a lump sum could pay off debt, or cover medical bills. For those receiving some sort of settlement payment, or receiving annuity payments, it is tempting to turn to […]
Depending solely on other people for your investment decisions can mean dying a slow death. Over the last few decades, the switch from employer-managed pension plans to self-managed retirement accounts (i.e., IRAs and 401k’s) has turned each person into his or her own pension fund manager. Financial advisors often compare this switch to a scenario […]
Do you lie? I was taught that lying can be appropriate in certain situations. These “white lies”, as we call them, often keep the zen flowing in relationships, while other times, they can help encourage others and give them the much needed confidence to improve themselves. But we go too far. We really do, especially […]
A Mcdonald’s combo now costs $7 but it used to be less than $5. Then again, the McChicken sandwich used to cost $2.45 and it’s only a buck now. Inflation is a phenomenon that most people hear about often. The media reminds us of it, our financial planners talk about it and if you need […]
Seriously. You think I’m just joking, but retirement is no laughing matter unless you already accumulated millions and retired early (in which case you can laugh out loud 24/7). I think everybody should max out their Roth IRA, right now. Here’s why.
