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Source: Rule #1 Finance Blog By: Phil Town I sometimes get asked by investors what is a bull market and what is a bear market and how does it relate to Rule #1 Investing? Well, let me put it in our terms… We’re really excited about buying when there’s a lot of fear and we’re
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Source: The Street By: Fisher Investments Jun 16, 2017 9:04 AM EDT Costly insurance programs dressed up as investment strategies are unlikely to prove beneficial to your financial health. What if we told you there was an investment that… Grows 100% tax deferred Provides 100% tax free income Is NOT reportable to the IRS Pays an average of 5% Allows investors
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Source: Real Investment Advice It is always interesting reading article comments as they are generally full of excuses why saving money and building wealth can’t be done. The general thesis is that as long as you have social security (which is threatening payout cuts over the next decade) and/or a pension (which only applies to 15% of the
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Source: Real Investment Advice Let me start out by saying that I am all for any piece of advice which suggest individuals should save more. Saving money is a huge problem for the bulk of American’s as noted by numerous statistics. To wit: “Americans have an average of $6,506 in credit card debt, according to a new
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Source: Get Rich Slowly Written by J.D. Roth — published 19 October 2009 (updated 28 May 2019) One of the oldest rules of personal finance is the simple admonition to pay yourself first. All the money books tell you to do it. All the personal finance blogs say it, too. Even your parents have given you the same advice. But it’s
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Source: The Motley Fool An index fund can give you exposure to many stocks in a single investment, and without the high fees of actively-managed funds. An index fund is a mutual fund or ETF that is designed to track a specific index of stocks, bonds, or another type of investment. For example, an S&P
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Source: Kiplinger By MICHAEL REESE, CFP® | Centennial Wealth Advisory, LLCAugust 21, 2019 That massive 401(k) nest egg that you’re so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. Just about every financial expert I know advises savers to contribute to their company’s
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Source: the balance BY DANA ANSPACH Updated November 11, 2018 [Click Here] for more of our videos on YouTube. As you think about retirement and start planning for your income needs, you might hear about some financial rules of thumb that have circulated for years. One of them is the ‘4 percent rule’. While it promises to
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Source: ThinkAdvisor If a life insurance company can afford such generous caps and floors in their IUL policies, why can’t private investors do the same? By Tom Martin | April 06, 2015 at 10:49 AM | Originally published on Lifehealthpro We are often asked by our clients, “How can the insurance company afford such generous caps and floors in their indexed
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Source: Forbes By: Stephanie Denning Senior Contributor Mar 31, 2019, 05:00pm “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” ―Bill Gates Compounding is a magical concept. It’s a little like putting something into a black box
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