Most people don’t give themselves enough credit in being able to positively influence their portfolio’s performance. Sure, the world of investments is nuanced, but embracing one of the basic principles of personal finance can tilt the scales in your favor tremendously. The principle I’m referring to is lower costs means more money in your pocket. …
The Surprising Value Behind Trimming Investment Fees Read More »
Whether you’re already working with a financial planner or about to begin your search, there are a couple of questions that can quickly help determine whether the advisor sitting across from you is a good fit or not. Asking a few of these uncommon questions can essentially serve as a “cheat code” in your objective …
3 “Cheat Codes” For Finding Your Ideal Financial Advisor Read More »
Americans are coming off more than a decade of lackluster returns on their cash accounts, and it’s caused a lot of us to get a little too relaxed in our cash management strategy. Starting in the midst of the 2008 Financial Crisis, interest rates were cut to nearly zero, and held to historically low levels …
Rule 1A in investing is “Know what you hold, and know why you hold it”. Many investors will admit to not fully understanding what’s in their investment accounts, or how much they’re paying in fees. To their credit, it’s not always straightforward. It is, however, crucially important not only to understand how much it’s costing …
For decades the financial advice industry has been dominated by advisors selling products for a commission. Even today most financial advisors are partially or fully compensated through product-based commissions. Meaning they get paid more when they sell more. When it comes to a commission-based compensation structure, we can very quickly see how the interests of …
The books are now closed for the first half of 2022, and investors are struggling to find a reason to be optimistic. The S&P 500 closed out the first half of the year down 20% from its January open. That makes it the S&P’s worst start to a year since 1970. The bond market hasn’t …
