Here’s a great process to go through before investing your hard earned dollars in the latest investment trend (or fad). Continue reading
I often talk to people who have several hundred thousand dollars in a 401(k) that they can borrow from but just a few thousand dollars in their savings account. Would it make sense for them to suspend their 401(k) contributions in order to accumulate more savings outside their retirement plan? Not necessarily. Continue reading
Tweet Last week we released our 2012 Year in Review research, and there were several troubling statistics that came out of the report. For starters, only 51% of employees reported having an emergency fund, which means there are 49% that … Continue reading
Tweet The fiscal cliff may be resolved but the deal only makes our “national debt cliff” even bigger. While we all hope our politicians can find a way to implement the necessary changes to reduce our national deficit AND national … Continue reading
Tweet I saw this article about a monkey lost at an IKEA furniture store when I was doing my morning news reading the other day. There were some videos of the monkey on some of the news channels as well … Continue reading
Tweet We all know it’s a good idea to check the smoke detectors once a month to make sure they are working properly, but let’s be honest; how many of us actually do? If you’re like me, you probably don’t … Continue reading
Tweet Ten thousand dollars is a lot of money but certainly not enough to make you independently wealthy. I remember watching the California lottery television show when I lived in Sacramento. The lottery ticket scratcher winners were chosen randomly to … Continue reading
Tweet People often ask me what to do with $10,000 or $100,000 because they have saved those assets in their 401(k) and want to make sure they are invested appropriately for their retirement. I can’t recall anyone ever asking me … Continue reading
Tweet In his blog post last week titled “Why I Hate Credit Scores,” my colleague Michael Smith wrote about his aversion to debt and why he wants to get to a point where he doesn’t care about his credit score. … Continue reading
