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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What a Trump Presidency Means for Your 401(k)

What a Trump Presidency Means for Your 401(k)

A few nights before the election, my wife and I were out for a walk with our Jack-a-Bee. The topic of the presidency came up. Our conversation went something like this: Lien, my wife: Hilary is going to win the election. Me: I wouldn’t be so sure. Lien: All the polls show Hilary is in…
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A Simple Guide to College Savings Plans

A Simple Guide to College Savings Plans

Why should you consider college savings plans? $440,223! That’s why! $440,223 is the estimated cost to send my unborn child to my alma mater – The University of Arizona – in 18 years. It’s also close to the median home price in San Diego. Here, see for yourself and share in my misery:      …
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