Warren Buffett’s $1 Million Bet
Warren Buffett is the man. The Oracle of Omaha just seems to make the right move almost all of the time. One of my favorite Buffett moves has been 8 years in the making…so far. About 8 years ago Warren made a $1 million bet with a hedge fund company that a simple S&P Index […]
Your Monthly Budget Is Already Garbage
Throw away your useless May 2016 monthly budget and just start over. Seriously, 99% of us have not stuck completely to the plan, and that’s expected. But that doesn’t mean you should go and spend as you please, it just means it’s time to start over. Reconstructing your budget around the middle of the month is […]
Why Is It So Hard To Save??
savingNo matter how much we need to save, no matter how badly we want to break out of the paycheck to paycheck life, saving money is hard. It’s hard because we get an immediate reward for spending money. I give you $5 you give me a Mocha Latte. Saving on the other hand forces us […]
The Problem With The Stock Market
Wow! Can you believe it? What in the world is going on now? No one understands this, it just makes no sense. Has the world gone mad? All of these sentences could be uttered every week if you have a conversation about the stock market. It never seems to change, there is always something nutty […]
Are All Index Funds the Same?
Where do you draw the line for ethical behavior and corporate greed? This weekend I saw an online article about expense ratios and index funds that claimed there were funds that do nothing more than track the S&P 500 Index, yet charge investors fees greater than 1% to do so. I have a license for […]
Learn From My Fail: Bill Ackman and Valeant Pharmaceutical
If you haven’t heard of Bill Ackman before then good for you! You’re out living your life and are not too plugged into CNBC. Bill Ackman is a hedge fund manager, he is a really smart guy and made a lot of money for his investors…until recently. His big bet on pharmaceutical company Valeant has […]
Why Own Bonds?
You have heard of the importance of owning a diversified portfolio. For those who do not manage money professionally, the mantra to diversify by investment class is pounded into their heads by the consumer finance media and is rarely questioned. The reason bonds are included in a balanced portfolio is usually to reduce the overall […]
Now or Later
If you think risk is the chance your investment dollar will go down today, then I challenge you to ask the question “When should I take on risk?” If you choose to put your money in a CD or savings account, you avoid the risk of any fluctuation of the principle. You do have the risk of interest rates. Will […]
Breaking the Credit Card Habit
One of the most insidious problems I often face with clients is the use or rather misuse of credit cards. Swiping a card doesn’t feel as painful as spending your hard earned paycheck, but it should be. The road to credit card abuse starts like this: “I’ll have the money next month” which turns […]
ABCs Of Reverse Mortgages
Reverse mortgages have been around for decades but their popularity remains low. The primary reason seems to be home owner’s reluctance to take any chance when it comes to their home. Reverse mortgages are also confusing, complex, and expensive, making them an option of last resort in the minds of homeowners. A reverse mortgage is like a home […]
