Estimated Reading Time: 2 minutes According to a recent research paper by Vanguard (How America Saves 2019, 401(k) Statistics), an overwhelming percentage (77%) of retirement account investors utilize target date funds in their 401(k)’s. The lure of target date or…
Estimated Reading Time: 2 minutes Life is full of numbers, ratios, and percentages that have some particular meaning. The financial aspects of life are no exception of course, but some of these numbers bear more weight than others. Here’s a…
Estimated Reading Time: 2 minutes Your 50th birthday ushers in a decade that largely determines how much you will enjoy the balance of your life. The transition from vibrancy to maturity can happen quickly or slowly, but it happens to…
Estimated Reading Time: 3 minutes Let’s face facts. The overwhelming majority of firms operating broadly as financial advisors are of the “lowest common denominator” variety. Traditional financial services firms (Wall Street firms, insurance companies, banks, etc.) aren’t really about “service”…
Estimated Reading Time: 2 minutes Unfortunately, we sometimes have conversations with prospective clients that we can’t help. If someone just wants to maximize investment returns, we can’t help. Focusing only on maximizing returns is really a fleeting, ephemeral aspiration that…
Estimated Reading Time: 4 minutes Most financial decisions are a battle between the world as it is and the way we want the world to be; between reality and wishful thinking. To avoid letting wishful thinking put you on the…
Estimated Reading Time: 2 minutes We live in a noisy world. Today, we are overwhelmed with more information and choices than any previous generation. This can also apply to your finances — what we like to call “financial noise.” J.E….
Estimated Reading Time: 3 minutes Investing should be done not just for good returns but for a particular purpose. That exact purpose varies from person to person but one commonality we all share is our investing lifetime. As I explain in the…
Estimated Reading Time: 3 minutes Have you ever wondered why so many investors are glued to the financial news channels and websites in a desperate search for information that might help them put their financial house in order? In my…
Estimated Reading Time: 1 minute The basic math notations we learned in elementary school can be very helpful in framing the foundational building blocks for a sound financial life. Here are my Top 14: 1. Good behavior >…
