Insurance Deductible: The (Insurance) House Always Wins

Insurance Deductible: The (Insurance) House Always Wins

Today, I’m going to show you how to save money by not having an insurance policy. This is the opposite approach from what we’ve been taught for many generations. Insurance is supposed to protect our investments and save us money when harm comes our way, right? Not always.  If you want to truly protect your…
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The 7 Best Questions to Ask a Financial Advisor in 2020

The 7 Best Questions to Ask a Financial Advisor in 2020

Today I’m sharing the best questions to ask a financial advisor. In fact, these are the exact questions I tell people to ask us when they are considering our firm. So if you’re tired of seeing the same old questions to ask a financial advisor (“how often will I hear from you”), you’ll really enjoy…
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The Secret to Investing

The Secret to Investing

Ah, secrets. One of the most intriguing words in our language. Especially in investing. I mean, if you just knew the secret – you’d be richer than Warren Buffet, amiright? Well, the “secret” is out – and it’s more disappointing than you think. Is There a Secret For Investing Successfully? Recently, a friend asked me:…
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Use This Benchmark to Measure Your Wealth (and Your Goals)

Use This Benchmark to Measure Your Wealth (and Your Goals)

With a dollar bill, you can usually go out and buy a candy bar or few postage stamps, or even a deeply discounted ribeye steak. Unfortunately, you may not be able to do so forever, mostly due to the fact that inflation exists. Inflation is the reason candy bars and postage stamps cost more today…
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Which Bonds are Best?

Which Bonds are Best?

The current global pandemic certainly has spun our lives around. I’m taking COVID-19 very seriously, doing my best with social distancing and preventing any potential spread of the disease. But I miss seeing my dad. I do wonder, “would hanging out together be worth the risk?” Even though we’ve been following the guidelines, I know…
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Should I Open a 529 College Savings Account for My Grandchild?

Should I Open a 529 College Savings Account for My Grandchild?

Are you thinking about opening a 529 College Savings Account for your grandchild? It may be more advantageous to make a financial gift to your grandchild instead. We’ll dive into why grandparents may want to shy away from opening their own 529 College Savings Accounts for a grandchild – and what method might leave everyone…
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Bid-Ask Spread: Why Free Trades Aren’t Free

Bid-Ask Spread: Why Free Trades Aren’t Free

Wouldn’t it be great if trades were free? A newer investing platform that comes with its own snazzy app aims to do just that. It’s called Robinhood. But does it really move wealth into the hands of the common man with free trading? Not really. Here’s why. Common Investing Fees The reality is, there’s no…
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The Right Way to Use Homeowners Insurance

The Right Way to Use Homeowners Insurance

Homeowners insurance is more than just another bill we have to pay every year. It’s the price we pay for peace of mind if our property is damaged or destroyed. Unfortunately, homeowners insurance isn’t cheap. And if you don’t take steps to mitigate the costs of this coverage, you could wind up paying way more…
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