Investing Benchmarks Defined (with Beer & BBQ!)

Investing Benchmarks Defined (with Beer & BBQ!)

Before I define what investing benchmarks are and why they are important, allow me to set the stage for today’s lesson. Those who know me well know that, in addition to being a finance fanatic, I am obsessed with beer and barbecue. Today, I’ll combine all three passions and share with you some recent experiments…
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Save 95 Percent On Investment Fees with This Flash Sale

Save 95 Percent On Investment Fees with This Flash Sale

Before I talk about investment fees, allow me to start with a story. July 4th has come and gone and so has some of the summer’s most lucrative sales. But, thanks to my wife’s diligent coupon-clipping, we scored a sweet 20 percent off coupon for Harbor Freight. Obviously, I used that coupon to pick up some tools…
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Focus on What You Save – Not on What You Spend

Focus on What You Save – Not on What You Spend

The financial planning process can be a wake-up call for many, mostly because people tend to have multiple revelations as the process unfolds. Recently, a client emailed to tell me she was surprised at just how much money she spends. As I told her, this is a normal reaction for someone who is getting acquainted…
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Why You Should Skip Fake News and Choose Boring Investments Instead

Why You Should Skip Fake News and Choose Boring Investments Instead

When it comes to investing, most who are successful use a simple formula to achieve results. For starters, successful investors actually research different investment strategies before moving ahead – and this is after they study their strategy’s fees and historical data. Lastly, successful investors typically pick a single strategy and stick with it for the long…
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What Everyone Ought to Know about Early Retirement (and Staying Retired)

What Everyone Ought to Know about Early Retirement (and Staying Retired)

The internet and its many financial independence bloggers have made the idea of “early retirement” all the rage. If you earn plenty of money and invest it wisely, early retirement enthusiasts say, you can quit work earlier than your peers and enjoy decades of freedom before you reach old age. The good news is, these people are absolutely right….
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Annuity vs. Annuitization

Annuity vs. Annuitization

What Is an Annuity? An annuity is a financial product. It’s one possible way people can invest money. Technically, an annuity represents a contract made between the insurance company and the person who bought the annuity. When you purchase an annuity, you can make a one-time payment for it. In exchange, the insurance company promises…
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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. Let’s start at the beginning. Recently, I asked my life insurance agent for an increase in my disability insurance policy. (You can learn more about…
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