For many of us summer brings a nostalgia of memories from years past and a longing to create new memories of summer with loved ones. In case you’ve been busy all year or just haven’t paid attention to the headlines, here are some of the most surprising events from the year compared to their Read more…
4 Money Lessons for College Students
As a current student, I can tell you with certainty that college is a weird time. Eighteen-year-olds are thrown into a tiny room in a miniature city with electric scooters instead of cars and party mansions instead of houses. Combine the already jarring lifestyle change with the ever-looming fear Read more…
Millennials Are Breaking the “Money Taboo”
“How much money do you make?” If that question makes you uncomfortable, you are like most Americans who believe money is a taboo subject, much like politics and religion. However, the Millennial generation may be changing this ideal. Read more…
Asset Allocation
Asset allocation is the most important decision a long-term investor makes, and it’s one of the few things in the world of investing that is fully within your control. A famous paper published 1986 determined that asset allocation explains 93.6% of variation in portfolio returns. More recent Read more…
The Power of Compounding
Time mixed with the power of compounding is the most potent combination for wealth creation. Read more…
Disability Insurance: The Missing Piece in Your Financial Plan
Five years ago when my wife and I were expecting our first child, I was quick to get term life insurance policies in place. It wasn’t until last month, however, that I protected my human capital from disability. Read more…
Put Your Personal Finances on Autopilot: How to Automate Your Income, Expenses, and Investments
Remember in high school when you had to read The Odyssey? Read more…
Fees Matter
When I look through the funds that investors use – be it an individual, institution, or 401(k) plan – I’m always amazed by the high fund expenses. Read more…
Time Beats Timing
As the stock market continues to reach new highs, it’s tempting to think about the possibility of buying and selling at just the right moment. Here’s a dirty little secret that most of the investment industry doesn’t want you to know: Time is more important than timing in investment success. Read more…
Thinking About Markets Like Piles of Sand
The idea of complex adaptive systems might sound overwhelming, but an experiment conducted by physicist Per Bak makes the concept easier to understand. Read more…
