Sometimes we are so busy living our lives that we don’t notice the years going by. Suddenly, the “baby” starts high school and the soldiers look younger every day. Before you know it, it will be time to consider retirement.
The main problem with not noticing the years going by is that retirement can creep up on you and catch you off guard. … Read more
Personal Finance
You Are Your Family’s CEO
Running your household and raising your family are possibly the greatest investments that you will ever make. The more that you invest, the greater the returns, and even though the risks may be higher than anything on the stock market, the dividends that you will receive are more than priceless.
Indeed,… Read more
Should You Leave Your Children an Inheritance?
Ask parents why they work so hard, and very often you will hear the answer, “So that my children will get a good inheritance.” Indeed, apart from personal ambitions, most folks hope to leave behind a cushion for their children to minimize the possibility of their offspring suffering economic hardships.
But have you ever wondered if leaving your child a whole pile of money is really the best thing?… Read more
Risk: Too Little is as Bad as Too Much
In personal finance, risk management is generally thought of as deciding on a stock/bond/cash allocation in your investment portfolio. Think about your tolerance for risk, and then figure out how much money to put in investments that could lose. But you still need to think of more…
Diversification Matters
Consider the risk and return of your career when determining an asset allocation…. Read more