Should I Wait to Buy a House Until after the Real Estate Crash?

Should I Wait to Buy a House Until after the Real Estate Crash?

Table of Contents Is there a Real Estate Bubble?Are You Financially Ready to Buy a Home?Prepare Yourself to Buy a HomeFocus on What You Can Control Is now a good time to buy a house? Or should you wait to see if the real estate market completely implodes? After all, the next real estate crash…
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Focus on What You Save – Not on What You Spend

Focus on What You Save – Not on What You Spend

Most financial advice you see on the internet is focused on tracking expenses or starting a budget before saving money. But building a savings fund first can be a more realistic goal than tracking expenses. Why? You’ve got to start somewhere. Saving Money Doesn’t Have to Be Difficult The financial planning process can be a…
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Why You Should Skip Fake News and Be a Boring Investor Instead

Why You Should Skip Fake News and Be a Boring Investor Instead

Table of Contents What Does a Boring Investor Look Like?Being a Successful Investor Requires DisciplineBoring Investors Don’t Make the NewsFinancial Entertainment Doesn’t Make You a Successful Investor When it comes to investing, most people who are successful use a simple approach to achieve results. They’re boring investors. Most investors are awful when it comes to…
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What You Should Know About Retiring Early (And Staying Retired)

What You Should Know About Retiring Early (And Staying Retired)

Table of Contents Three Main Challenges of Early RetirementWhere the Early Retirement Movement Has it WrongWhy $1 Million Isn’t Nearly Enough for Early RetirementHow to Factor in Other Income SourcesFinal Thoughts on Early Retirement Financial independence bloggers have made the idea of “early retirement” all the rage over the last few years. If you earn…
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Focus on the Big Stuff to Cut Spending

Focus on the Big Stuff to Cut Spending

Table of Contents Why Tracking Your Spending Is So ImportantHousing and CarsFocus Here to Save MoneySave What You Don’t Spend Have you ever wondered why you struggle to save for future goals when you make plenty of money? You keep trying to cut subscriptions, restaurant outings, and hobbies…but it’s not enough. There should be plenty…
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The Salesman Is NOT Your Friend

The Salesman Is NOT Your Friend

Table of Contents How Sales Commissions WorkCommissions Make for Bad AdviceWhy You Should Work with a Fee-Only AdvisorConclusion 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…
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Should I Cosign My Spouse’s Refinanced Student Loan?

Should I Cosign My Spouse’s Refinanced Student Loan?

Table of Contents What is a Cosigner?What Does it Mean to Cosign a Loan?Can a Cosigner Be Removed From the Loan?Implications for Married CouplesBottom Line 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…
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Are Long-Short Mutual Funds Right For You?

Are Long-Short Mutual Funds Right For You?

Table of Contents Regular Investors vs Long-Short Money ManagersReason #1: Long-Short Mutual Funds are ExpensiveReason #2: They Can Have Limited Upsides with Infinite DownsidesReason #3: Long-Short Mutual Funds Need Active ManagementConclusion: Save Your Sanity If you’re thinking of using long-short mutual funds as part of your investment strategy, you may want to think again. Despite…
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