The term “a large sum of cash” has a different meaning to everyone. To me, $500 would be a large sum of cash, but to others who are wealthier than me this may not seem like something to get excited about. Maybe a better question would be, “If you were handed a meaningful sum of cash today, what would you do with it?”
Invest
Why Should We Invest for Retirement in the First Place?
5 minute read
Why do we need to invest our money for retirement? Why not just stockpile it into a savings account where it feels safe? The stock market is risky, right?
What’s the Best Way to Pay Off Debt?
3 minute read
Some people absolutely hate the debt that they have and want to get rid of it as soon as possible. Some people (dangerously) have no clue how much debt they have and would rather pretend that it’s not there than to be proactive and do something about it. If you’re one of those people who want to get rid of your debt, then what’s the right way to go about doing so? Do you pay down the highest balance first or the debt with the highest interest rate first? Should you actually be paying down your debt more aggressively than required?
Apparently young people don’t want to hear about saving for retirement
3 minute read
Last week, Alessandra Malito published an article for MarketWatch titled Money Milestones: This is how your finances should look in your 30s which caused an uproar among millennials on Twitter.
What’s The Riskiest Asset Class?
2 minute read
My colleague, Tim Woodward, once brought up a point to me that has stuck ever since:
Young Professionals – Think About Your Retirement Savings
< 1 minute read
Some inspiration from my colleague and friend, Jared Defore, for this message. Give him a follow on Twitter for more financial tips.
“Investing”
< 1 minute read
Lately, I’ve been hearing people talk about the things they’re “investing” in.
Tuning Out The Noise
< 1 minute read
Dimensional Fund Advisors published a great 2 minute YouTube video yesterday on the value of working with a financial planner and “Tuning Out the Noise” of the market to lead to a successful long-term investment approach.
Focus on the Fundamentals
< 1 minute read
This morning, I overheard someone talking about how gullible some people are with their wealth and how they can end up making life-changing mistakes by being too greedy. I thought this was so wise coming from someone who said that he doesn’t have any money.
What is (Who is) a Fiduciary?
< 1 minute read
Have you ever heard the word “fiduciary”? There’s a big fight over this word in Washington right now regarding the Department of Labor Fiduciary Rule.
