The Goals-Based Investing Illusion

The Goals-Based Investing Illusion

So you like to set long-term goals and then save for them. Well it turns out that goals-based investing may be highly overrated, at least while we’re young, since our lives in the future almost never resemble the future we’re envisioning. Michael Kitces, a guru with a large financial advisor ...
Overstuffed and Under-experienced

Overstuffed and Under-experienced

Experiences make people much happier than material items because we become bored with our purchases rather quickly, while the memories of experiences are ingrained forever. Never have I felt this more than when I recently came across some autographed framed photos and baseballs hidden away in ...
Turbo Charge Your 401(k)

Turbo Charge Your 401(k)

If you’re earning a six-figure salary and enrolled in a company 401(k) plan, here’s a “hot investment tip” that could result in significant annual tax savings and a larger future nest egg—and you may not need to save a penny more than you’re saving now. Warning! This article is going to get ...
The “B” Word

The “B” Word

Sometimes I wonder if I’m the only financial planner who hates Budgeting.  I’m a good saver, but I can’t imagine a life where I get an alert three weeks into March telling me that I spent too much on groceries. Don’t get me wrong - many people’s lives have been greatly improved through strict ...
All In or Bust

All In or Bust

So much for beginner’s luck… Less than an hour into my first-ever game of Texas Hold’em I was told that I had no choice but to go “all in” with the last of my poker chips. (The all-in moment is where you put what’s left of your chips into the pot and hope for a winning hand that will keep you ...
The Volatile-Income Saver

The Volatile-Income Saver

Ever heard the story of the guy who burned through an entire fortune worth $150 million and still has debts to pay?  If only Cher could have delivered a 2nd smack on the cheek of Nicolas Cage and another “snap out of it!” maybe things would be different. One thing that’s certain with those who ...