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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Should I Cosign My Spouse’s Refinanced Student Loan?

Should I Cosign My Spouse’s Refinanced Student Loan?

Cosigning a loan may, at first glance, seem like a fairly straightforward, no-risk way of helping a loved one secure a student loan or a refinancing. Having a solid cosigner may result in better loan terms or a lower interest rate. But everyone should be fully aware of what it actually means to cosign, and…
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What’s a Long-Short Mutual Fund?

What’s a Long-Short Mutual Fund?

If you’re thinking of using a long-short mutual fund 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. The reason why is simple: Most money managers who successfully use a long-short strategy are exceptionally skilled….
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Life Insurance or 401(k)?

Life Insurance or 401(k)?

I love reader questions – and always jump at the chance to answer them. Today’s question comes from Phillip. Phillip just had his first kid, Alexander. Being a good parent, Phillip is making progress towards three vital things for new parents: Life Insurance Disability Insurance A Will Like any budget-conscious person, Phillip is aghast at the…
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Roth 401(k) vs Traditional 401(k)?

Roth 401(k) vs Traditional 401(k)?

Today’s post is inspired by a client, who asks about his Roth 401(k): I just looked at my 401k account and I have the option to do a Roth 401K. What are your thoughts between traditional and Roth? I’m a strong believer in the Roth option. I’ve got a few reasons why. Tax Arbitrage The…
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