Working with a financial advisor is a great decision. Would you argue a serious case about a legal document in a court of law without an attorney? Would you opt to have surgery from someone who wasn’t trained as a medical professional with expertise in your specific area of concern? Read more…

When it comes to picking a health insurance plan, the options can seem confusing. For years, I avoided my company’s high-deductible health insurance plan with a health savings account (HSA) because it felt scarier than simply paying the monthly premiums and predictable co-pays of a PPO plan. Read more…

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…

Time mixed with the power of compounding is the most potent combination for wealth creation. Read more…

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…

Remember in high school when you had to read The Odyssey? Read more…

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…

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…

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…

Nearly everyone needs life insurance, but it’s easy to end up with a bad policy. Read more…