Retirement savingsWhat the self-employed need to understand about saving for retirement. (peterlazaroff.com)Michael and Ben talk with Bill Sweet about how to choose between traditional and Roth IRAs. (awealthofcommonsense.com)What’s the difference between the Roth IRA and the Roth 401(k)? (financialducksinarow.com)InvestingWhat to do if you have made a fortune on a single stock. (awealthofcommonsense.com)The problem with thematic ETFs: there’s always a new one coming down the road. (monevator.com)Your gut is likely not a very good investor. (humbledollar.com)Buy-and-hold is really: buy, rebalance, repeat. (morningstar.com)Financial adviceJacob Schroeder, “There’s no shame in handing over the keys to your portfolio if it is in your best interest.” (incognitomoneyscribe.com)Why you shouldn’t ask friends or family for a recommendation for a financial advisor. … [Read More...]
Review Your Credit Profile
Picture Credit: Daniil Vin || As a condtion of using the picture, his firm is CreditDebit Pro. This is NOT an endorsement of his services; it is a “thank you” for use of the image. Before I start this evening, I want to mention three old articles that I have written on personal credit issues. Now some of my articles on having enough cash on hand would also apply, but the following three articles meet the topic the best: On Credit ScoresThe Asymptote of Joy and Woe (Okay, this is a cash management article, but it could have been written through the lens of credit scores as well.Long-term Relationships and Credit Scores The last article is a little “out there” but the range … [Read More...]
How to Collect a Will
In Mexico, the minimum age to do this process varies in each state of the Republic. [Read More...]
Personal finance links: avoiding major blunders
PodcastsBrett McKay talks with Ramit Sethi author of “Will Teach You to Be Rich” about finding a new job. (artofmanliness.com)Christine Benz and Jeff Ptak talk all things retirement income with Steve Chen who is the founder and CEO of NewRetirement.com. (morningstar.com)InvestingDon’t let somebody’s financial exploits move you off your plan. (awealthofcommonsense.com)At some point you have to take some profits and diversify your portfolio. (ofdollarsanddata.com)Why public forums often devolve into stock picking and cryptocurrency hype. (whitecoatinvestor.com)Investment scammers don’t take time off during a pandemic. (riaintel.com)SpendingWhy buying stuff only provides us with a temporary dopamine hit. (tonyisola.com)Why you have to be flexible when it comes to spending in retirement. (humbledollar.com)Six apps to help you cancel unused subscriptions. (wired.com)ResolutionsThree financial … [Read More...]
Personal finance links: real wealth
Money resolutionsTen tips for 2021 including “The more often you look at your portfolio, the worse your investment results will be.” (humbledollar.com)Some solid money resolutions for 2021 including ‘Review your investment expenses.’ (aaii.com)Simplifying your financesConsolidating small accounts makes it easier to keep track of your finances. (wsj.com)There are a lot of good reasons to simplify your finances as you age. (mutualfundobserver.com)InvestingThe best gift you can give a young person in your life is to help them started investing. (humbledollar.com)Why it makes perfect sense to split your portfolio into a boring portfolio and fun/play portfolio. (marketwatch.com)There is a big difference between preparing and predicting. (retirementfieldguide.com)Personal financeMichael H. Baker, “The timing may never be perfect to create your plan, change careers, … [Read More...]
The 7 Financial Purposes You Should Have for 2021
Meet your goals in this new decade with these tips. [Read More...]