Anecdotes or Evidence?
A frequent topic of discussion with my friends and family is health. I love learning new ideas and strategies for being healthier. Sadly, implementing all the new ideas is much harder than talking about them.
High Fees + Low Bond Yields = A Recipe for Disaster
In today’s interest rate environment, investors (especially those in retirement) are scrambling to find ways to increase the yield of their investment portfolios.
What the humble Tootsie Roll can teach us about investing
The Tootsie Roll is an iconic American candy. Who among us hasn’t experienced one of the sweet little nuggets? As a kid, they were delicious. I remember eating piles of them on Halloween or out of a piñata at a birthday party.
What Blackjack can teach us about investing
Imagine you walk into a casino with your entire retirement portfolio in tow – whether that’s a few thousand or a few million. You walk up to the blackjack table determined to beat the house and boost your retirement savings.
6 Mistakes That Could Keep You From Financial Independence
In my years as a financial advisor, I’ve seen many families achieve financial success and enjoy the subsequent benefits. Unfortunately, I’ve also seen people make entirely avoidable mistakes that had long-lasting effects.
Is 1% of $5M still just 1%?
The financial industry has managed to get away with incredible price discrimination by charging clients based on their assets, rather than based on the services provided. This practice needs to stop.
SwitchPoint #2: The Behavior Gap
I just finished a new book by Michael Lewis, author of many bestsellers including The Blind Side and Moneyball. His new book, called The Undoing Project, is about the fathers of a relatively new field of study called behavioral economics.
The Original SwitchPoint: Fees
The investment industry has done a phenomenal job of masking their fees – whether hiding them completely or trying to minimize them by stating them as a % of assets.
How to Become (and Stay) Debt-Free
Does it seem like every time you pay off one loan, you find yourself saddled with some new debt? Or maybe you have student loans or a mortgage that seems like will never be paid off? You’re not alone.
Another Wild Market Prediction
It seems the financial media’s favorite thing to do is make wild predictions. The more extreme the headline, the better. Today’s headline1 on Yahoo! Finance was particularly grabby:
“2016 marks the end of the great bond bull market”