The Salesman Is NOT Your Friend

The Salesman Is NOT Your Friend

At the risk of throwing salespeople everywhere under the bus, I’m going to share a few stories that might change the way you think about how these professionals are compensated. Recently, I had a client tell me that they asked their life insurance agent for an increase in their disability insurance policy. And it didn’t…
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Should I Cosign My Spouse’s Refinanced Student Loan?

Should I Cosign My Spouse’s Refinanced Student Loan?

Cosigning a loan may seem like a straightforward way of helping a loved one refinance their student loans. A solid cosigner could result in better loan terms or a lower interest rate for the borrower. But not everyone should cosign on a loan, even for a spouse. Read on for what it means to cosign…
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Are Long-Short Mutual Funds Right For You?

Are Long-Short Mutual Funds Right For You?

If you’re thinking of using long-short mutual funds as part of your investment strategy, you may want to think again. Despite what you may have read in an investing magazine, this investment plan isn’t for the faint of heart. Long-short mutual funds are a lot more work than many people realize. And you have a…
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Life Insurance vs Investing More in Your 401(k)

Life Insurance vs Investing More in Your 401(k)

Are you better off putting extra money into your 401(k) instead of purchasing a life insurance policy? While investing in your 401(k) is a must if you want to retire, leaving your family without life insurance can impact them greatly if you die prematurely. Here’s how it works. The Problem: Life Insurance or 401(k)? Today’s…
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Rainy Day Fund

Rainy Day Fund

There’s a lot of anxiety and tension that came with the current global pandemic: Compulsively washing your hands Being holed up in your home Disinfecting everything that comes through your front doorway Anxiously waiting for your Federal stimulus money Despite all this, there is one thing I don’t have to worry about: having cash. That’s…
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Are ETFs better than Mutual Funds?

Are ETFs better than Mutual Funds?

Some people argue that exchange-traded funds (ETFs) are always better than mutual funds. But is this true? It’s time to set the record straight. Let’s clear the air surrounding this wonderful investment vehicle: the good ol’ mutual fund. If you have always wanted to know the difference between mutual funds and ETFs, you will enjoy…
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No One Knows What’s Going to Happen & That’s OK

No One Knows What’s Going to Happen & That’s OK

Recently, I was excited to attend an investor meetup – remotely, of course. (Aren’t Zoom meetings great?) I was looking forward to socializing and talking nerdy money stuff with friends. Alas, after the excitement wore off, I left the discussion slightly disappointed. Here’s why: To clarify, this was a mostly amateur investor club. But, these…
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