Grandparents love their grandkids! Once their own needs are looked after many grandparent’s want to help out with their grandchildren’s education.
I had my fantasy football draft on Tuesday evening.
Everyone is motivated in different ways to reach their goals. If you are a runner you might be able to jump out of bed and hit the streets to train by yourself. Or maybe you need to join a running club to help motivate you to reach your next race goal.
There is no sugar coating it. Last week was a bad week for stock in the US and around the world. The S&P 500, which represents the 500 largest companies in the US, declined 5.7%. This was its worst weekly decline in almost 4 years (September 23, 2011.) Markets around the world followed suit.
One thing I have learned is that diversification can be an easy concept to explain to clients but difficult for them to embrace. Diversification is typically presented using the analogy of holding all of your eggs in one basket. This is far too simple.
The answer to reaching your financial goals is as easy as looking at your shampoo. On the back of every shampoo bottle there are three simple instructions; Lather. Rinse. Repeat. A simple three step approach can also be applied to your financial goals: Contribute. Be Disciplined.
My wife and I were shopping a few weeks ago when she used a line that pretty much everyone has used at least once in their life, “We need to invest in a new…” You fill in the blank on the purchase but every one of us has tried to justify a purchase as an investment. We all know in reality that we are just buying something.
Our financial lives as couples are complicated. Merging together two people’s financial life can take time particularly if you got married a little later in life. In most cases, we have structured are home life around one person taking ownership of certain tasks. The same usually applies to your family’s financial tasks.
A common theme I keep hearing from clients, friends and acquaintances is they feel the stock market is running out of steam.
Many employers are offering you the option to contribute to a Roth 401k as part of their 401k plans. This option has been around for about 10 years and is slowly being added to more plans. This has created some confusion on which way you should direct your retirement contributions.