Rising Interest Rates & Their Impact on Your Portfolio
For the 86%+ of people whose money is sitting with banks & in old fashioned portfolios here is a guide from New York Life on how inflation affects investments. For […]
Will your critical illness policy pay for THAT particular cancer? Words Matter – Critical Illness Insurance, Cancer Definitions & What You Need To Know
If a bank, an agent or a broker is selling you a critical illness policy without this definition be very suspicious of their motives. Those who know me know that […]
Dickens’ Mr. Micawber Teaches Us About Personal Financial Planning
“Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.” In David Copperfield by Charles Dickens (free […]
Bad Investments, Closed Minds, and Holding On to the Wrong Person’s Nuts
Monkeys are cute, fun, intelligent, and a little ridiculous. I only mention this because I required an opening statement for what is to follow. In many towns and villages in […]
Cognitive Bias, Logical Fallacy, and How Brain Shortcuts Cost You Money
What would you say is the number 1 reason that people don’t achieve their financial goals? What do you think the greatest single threat to financial un-breakability is? It isn’t […]
Ten Most Common Wealth Accumulation & Financial Planning Mistakes
If your goal is to be financially unbreakable you want to avoid these 10 common mistakes. Procrastination. This is the biggest money mistake of all – putting off until tomorrow […]
Every take off is optional, every landing is mandatory (Or why math doesn’t always align with real life) – Part 2
This is post 2 of 2 in the series “Every Landing is Mandatory (Or why math doesn't always align with real life)” Every Takeoff is Optional, Every Landing is Mandatory […]
Do I Really Need Life Insurance?
Here are 9 reasons you should buy life insurance: Replace lost income and guarantee the standard of living for your loved ones should you die too soon. Cover final burial/cremation […]
Every Takeoff is Optional, Every Landing is Mandatory (Or why math doesn’t always align with real life) – Part 1
This is post 1 of 2 in the series “Every Landing is Mandatory (Or why math doesn't always align with real life)” Every Takeoff is Optional, Every Landing is Mandatory […]
Volatility vs Risk: Don’t Mix Them Up!
Volatility is not the same as risk. Let me be clear, volatility is not the same as risk. Financial people like to equate the two because it’s easier to sell […]