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 →
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 →
Self-Employment Taxes are a Special Kind of Hell
“That’s a x#$% rip-off!” I shouted. “Why do I have to pay 40% in taxes on the amount I earned extra this year?!” That’s how a recent conversation with my own accountant went this past week. My accountant was surprised I... Read More →
4 Reasons to Avoid Multiple Financial Advisors
Many investors I talk to use multiple advisors. When I ask why, I commonly get the response, “I don’t want to put all my eggs in one basket.” That defines diversification for investments and that’s smart. It may not be... 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 →
4 Things Your Investment Plan and The Walking Dead Have In Common
Imagine waking up in a hospital bed. You have no idea how you got there. You look around confused and start pulling off wires. You push the little nurse button again and again. No one responds. There are no sounds... Read More →
Facing The 7 Biggest Money Fears This Halloween Part 2 of 2
In Part 1 of Facing The 7 Biggest Money Fears This Halloween, we faced: Fear of Never Getting Out Of Debt Fear of Reviewing Bills and Bank Statements Fear of Losing Your Job Wow! Pretty spine tingling stuff. Now we’ll... Read More →
Data Breaches – What’s A Poor Credit Card User To Do?
Holy crap another credit card data breach?! What’s a poor credit card user to do? First, well first and second, it was Target. Then Home Depot and now K Mart. These breaches are starting to be more and more common.... Read More →
The Stupidest Investment Question Ever
Believe it or not, September is home to Ask A Stupid Question Day on the 28th! So in honor of Ask A Stupid Question Day, I conjured up a Diligent Advisor article. In fact, thank goodness for the inspiration because... Read More →
Is Cash Obsolete?
Do you use cash anymore? With the wide use of debit and credit cards, we seem to need it less and less. In spite of the fact that we kill ourselves to acquire more and more of the green stuff!... Read More →