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Reject Your Inner Trader
Tweet Share on Facebook October 6, 2011 CommentIt would be difficult to find a less reliable source of investment advice than Breakout, often hosted by Jeff Macke. Macke has featured guests extolling the virtues of market timing, stock picking, and espousing the silly notion that “buy and hold is dead.”
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Saving for Retirement or Your Children’s Future
Tweet Share on Facebook October 5, 2011 Comment (2)As a father, I completely understand the desire to provide the best for one's children. But we shouldn’t do so at the cost of our own financial future. Faced with a decision between buying a new bike for your kid or contributing to a Roth IRA for a retirement that is decades in the future, the choice seems clear. However, the next time you choose to buy the best for your children, consider the following:
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Is a Home Still a Good Investment?
Tweet Share on Facebook October 4, 2011 Comment (1)Most baby boomers have had good experiences owning homes for the last 30 years. I bought my first house in 1977. When I sold it in 1982, I joked to my friends (but it was almost true) that I'd made more money from my house than I had from my job. Despite a substantial loss in the past four years, over the last three decades I've still made a lot of money owning my own home.
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How Much Money Do You Need to Retire Overseas?
Tweet Share on Facebook October 3, 2011 CommentHow much money do you need to move to and retire in a new country? That question might seem like an obvious starting point for planning a retirement adventure overseas, but I suggest another tactic.
