There are times when I look at my life and realize that I’m not 20-something any more. The phrase “Just Do It” showed me that last weekend. When I hear “Just Do It,” I think about Nike and the ad campaign that started in the late ‘80s. It’s tough to believe that Nike campaign is over 25 years old. Continue reading “Are You Suffering From Analysis Paralysis?”
If you’re hiring an advisor to pick investments that will outperform the market, the answer is probably no. There’s no evidence that financial advisors’ recommendations add value in this way even if their advice were free. Add a 1% advisory fee and you’ll probably underperform the market. There are also now a host of “robo-advisors” that will help you put together and manage a customized portfolio of low cost index funds for a much lower fee. However, here are some services that may be worth paying a financial advisor for: Continue reading “Is A Financial Advisor Worth Paying For?”
Did you make any financial New Year’s resolutions this year? According to Fidelity, approximately 54% of Americans planned on making one this year. Whether you avoid making New Year’s resolutions or embrace the challenge of making financial changes in the New Year, we all have financial goals that require some attention. Continue reading “7 Ways to Blow Your New Year’s Resolutions”
In case you haven’t heard, the 2010 tax filing day has been extended until Monday, April 18, 2011. That means taxpayers get one extra weekend to find as many credits and deductions as they can before sending their returns off to the IRS. Now it’s not often that waiting until the last minute pays off, but consider these tax tips a reward for your procrastination: Continue reading “Last Minute Tax Tips for Last Minute Filers”
