If you own a great stock or mutual fund, should you also buy the investment for your children? Or, if your parents tell you about a great performing investment that they own, should you go out and buy it for your own account?
In both cases, the answer is probably “No.” While having a high-performing asset is definitely desirable,… Read more
3G technology is a standard for mobile phones to help the user connect with the world in real time. Mobile phones and services advertised as 3G are required to meet certain technical conditions, including reliability and data speed transfer. This way, the user stays up-to-date and informed.
How can you use 3G technology in your portfolio?… Read more
The chance of realizing your financial goals is greatly increased when you choose suitable investments. Depending on your objectives and time frame, some investment vehicles may be more appropriate than others. Just like you choose your vehicle to get to work carefully (car, bus, or bike), choose the vehicles for investing your money carefully (stocks,… Read more
In today’s climate of instant gratification, waiting for water to boil can seem to take forever. With a distorted perception of time, how can an investor determine when to invest for the long-term or short-term?
Generally “long-term” refers to anywhere from five years and beyond, while “short-term” refers to a period of six months to two years…. Read more
A few years ago, I met with a couple who needed more cash flow. I suggested that when they retire, they should consider selling their spacious house and getting a long-term rental. Selling the house would provide a lump sum of cash, which would enable them to achieve their retirement goals of traveling and helping the kids…. Read more
While investigating pictures for my newly redesigned web site, I searched photography sites for images that conveyed security, strategy, and trust….all of which are important traits for a financial advisor to have. There were the usual images of handshakes, business meetings, vaults, and golden eggs in nests. Visit my website to see which images I chose…. Read more
Many movies are made about the simple guy who suddenly becomes rich overnight. Very often, like the hero of Brewster’s Millions, he receives a sudden inheritance with strange conditions attached to it, or like in Half a Sixpence, he inherits wealth and his whole life changes…. Read more
Grocery shopping may be easier than investing. An empty pantry dictates that now is a good time to buy more food, but how can you know when is a good time to buy stocks? Most people tend to make their investment decisions based on historical performance. But imagine if you always traded that way…. Read more
Last week, I mentioned an investment ad I had seen on a flight that pushed people to invest with a certain bank because of the bank’s location (Switzerland), its secrecy policies, and its “unique” investment schemes. I argued that none of these were sufficient reasons to work with them…. Read more
The principle of not putting all of your eggs in one basket applies to life in general, and particularly investing. You don’t have to be an egg farmer or a Nobel Prize winner to understand the sense in planning your finances carefully and not putting all of your money in one place in order to spread out the risk…. Read more
