Dinner Party Conversation Starters

“The more that you read, the more things you’ll know. The more that you learn, the more places you’ll go.” – Dr. Suess I’m constantly reading and I tend to come across interesting information about the financial markets, businesses and the economy.  So I thought I would start collecting some of the most interesting little…

3 Mistakes to Avoid Courtesy of Warren Buffett

“You don’t need to look at the prices of the stocks you own from week-to-week, or month-to-month, or even year-to-year.  If you own a cross-section of American businesses, and you don’t get excited (and buy) just at the very top, and if you buy in over time, you are going to do well.” – Warren…

Losing Weight, Saving & Decision Fatigue

“Reduce decision making. Think about the routine things that can be made automatic—from what you eat for lunch to where you live.” – Dr. Michael Joyner Personal finance people love to compare losing weight and getting your financial house in order. It’s the go-to personal finance analogy and I’ve heard it hundreds of times.

Why Costs Matter

“You can’t control what markets can do, but you can control the costs you pay. The less you pay to the purveyors of investment services, the more there will be for you. The quintessential low-cost investment vehicles are index funds, which should comprise the core of every investment portfolio. The high fees charged for active…

Why Scary Retirement Stats Don’t Work

“Habit is habit, and not to be flung out of the window by any man, but coaxed downstairs a step at a time.” – Mark Twain I feel like every week I read another story about the terrible state of retirement savings by individuals. Here are some of the scary retirement stats I read about…

Am I Ready to Retire?

The following guest post comes from Ed Carlson. Ed is a retired Healthcare CFO (and my father) who is spending his time during retirement helping others prepare for the financial, estate planning and healthcare issues that arise once you leave the workforce for good. Ed is a Certified Senior Advisor (CSA).  Feel free to ask…

European Stocks and Headline Risk

“Heaven: Where the Police are British, Chefs are Italian, Mechanics are German, Lovers are French and, it’s all organized by the Swiss. Hell: Where the Police are German, Chefs are British, Mechanics are French, Lovers are Swiss and it’s all organized by the Italians.” – Proverb

Beware of Market Experts Wielding Misleading Graphs

“Stupidity well packaged can sound like wisdom.” – Burton Malkiel Having a historical perspective on the markets is crucial to be able to understand the present and plan ahead for the future. Looking back on how the markets have performed in various economic, interest rate and investment cycles can give you a broader sense of…