While it is too late to change what we did before this episode, it is helpful to think through what prudence looks like in investing. Right now, in the
In the opening paragraph to a chapter in my new book on financial planning, I wrote the following just a few short weeks ago:
"My grandfather would often say
Anytime a person makes a decision to invest or save his money, he or she has probably formulated an expectation of how much they will get back at some time in
If you've ever taken an economics course, you might remember this basic principle: Economies and financial markets, such as the stock and bond markets, move
Being financially literate in today’s economic climate is more important than ever. Understanding finances can help you make better money management
It’s no secret that the financial services industry doesn’t have the best reputation. Despite significant and helpful efforts from the Certified Financial
According to multiple organizations that provide statistical data, over half of Americans are covered by an employer-sponsored plan. The 401(k) is the most
Two particular sectors of the economy have seen significant increases in cost over the past few decades: healthcare and education. Many parents, who are
Health Savings Account were created in 2003 by an act of congress, one of the few good ones in recent memory, to help Americans cope with increasing medical
Financial Advisor or Broker
Financial advisors are typically brokers who execute trades on behalf of clients. They are licensed by state security regulators
The first strategy that we will discuss is the Deduction Lumping Strategy and using Donor Advised Funds (DAF). Because of the new tax law, the standard
The year 2019 closed out the second decade of the twenty first century on a strong note. The S&P 500 index delivered a return of 31 percent. In addition