Why Timing the Stock Market Never Works
Wouldn’t it be great if you knew when the markets were going to take off or tank? Armed with that knowledge, you’d have no trouble achieving your investment goals. You’d just buy if the markets were going up and sell if they were going down. Here’s the problem with that scenario: Market direction is driven [...]
Pay Off Investment Property Or Pay Down Mortgage?
Decide to payoff an investment property or pay down the mortgage. Don't pay off an investment property and pay down the mortgage at the same time. Consider interest rates on loans before paying off mortgage loans on an investment property or primary home mortgage. Refinance mortgage loans before you pay down a primary home mortgage or investment property mortgage loan.
10 Golden Rules All Investors Should Follow
Smart investing is not very difficult. It is in the interest of the securities industry to convince you otherwise so you will use its services. I have distilled intelligent investing and financial planning down to these ten golden rules. They are easy to understand and to implement. If everyone followed them, the misery index for [...]
6 Biggest Estate-Planning Mistakes You Can Make
You have worked hard all your life. You love your heirs and want to provide for them after your death. You have good intentions. Yet most Americans make critical mistakes in their estate planning that eviscerate their wealth and leave their heirs scrambling to figure out what went wrong. Here are the biggest estate-planning mistakes [...]
529 College Savings Plans Are Best For Saving For Your Grandchildren’s College Education
The recession and market turbulence have made the dire financial situation facing some baby boomers much worse. Few were prepared for retirement before the financial crisis. Most are hopelessly behind in their retirement savings. Consider these statistics: By some estimates, almost 10 percent of retirees have children dependent on them for financial support. Almost 33 [...]
Bonds and the Bonds Market: A Basic Primer
Bonds confuse most investors. The securities industry likes it that way. The more you believe investing is just too complex to figure out on your own, the likelier it is that you will need the services of a “financial consultant.” Going down that road is often the beginning of a frustrating journey (for you-the consultant [...]