Patience is a Virtue
I completely understand that the last few months have been scary with the swift drops in the market. Clients call everyday expressing their concerns, and asking me where do I think we go next. Look, it’s completely normal to have... Read More →
401(k) No-No’s
Want to know what not to do with your 401(k)? I’ve seen a little of everything in terms of no-no’s over the years. These are the classics. From borrowing too much, to being too aggressive or way too conservative. There... Read More →
4 Don’ts for Investors During a Correction
It’s finally here. The stock market correction that we’ve all been fearing and anticipating. We haven’t seen a 10% correction since 2011. In addition, we haven’t seen a bear market since 2008-2009 credit crisis. I’m sure you’re wondering just how long... Read More →
Should You Prepare for the Bear Market?
It’s been six glorious bull market years since the last correction. It’s been a nice ride. When will it come to an end? There are probably plenty of reasons to start preparing for trouble. Far be it for me to... Read More →
Money Equals Choices
The one financial concept I preach to my kids constantly is – having money equals choices. Lack of money means limited or no choices. Think about this for a minute. The wealthy can hire better attorneys, better financial advisors and have... Read More →
Don’t Put off Retirement Savings to be Debt Free
I’ve always thought of being debt-free as the Holy Grail in personal finance. It’s a prize that can be nearly impossible to obtain. Yes there are some people that are debt free. I say congratulations, because it is quite an... Read More →
Money Isn’t the Root of all Evil…it’s Procrastination
We’ve all heard the phrase, “Money is the root of all evil.” After 22 years of counseling hundreds of investors and savers, I’m pretty sure it’s procrastination. Procrastination can kill you when it comes to saving. Putting off saving, investing... Read More →
Time to Stress Test Your Investments
When I think of stress test, I imagine a patient in a doctor’s office running on a treadmill. Along with tons of sensor patches connected all over the chest. The point of the stress test is to measure just how... Read More →
My 10 Favorite Posts from 2014
I wrote quite a few articles this past year. Today I wanted to provide a list of my favorite posts of 2014. All of these are from my blog, The Diligent Advisor, and all are from 2014. Perhaps you missed... Read More →
Dow 18,000 Spooking You?
The Dow is within striking range of 18,000 and may hit it by the time I post this article. To be honest, it really doesn’t mean a lot. Many investors get really spooked by these levels. I’m not sure why.... Read More →