Why Market Downturns Are Our Friend!
A young colleague of mine was shocked when she looked at her most recent 401K investment returns. You see, her relatively short experience with investing has been contained entirely during the longest bull market in modern history. For someone who’s entire experience…
Its Raining Lawsuits – Do I Need An Umbrella?
What is umbrella insurance? The short answer is that umbrella insurance provides coverage in excess of what your homeowners (or renters) and auto insurance cover. It gets its name because it’s an extra layer of protection, like an umbrella, that…
Robo-Investing
A Modern Twist On Paying Yourself 1st! We all do it. I can remember as a child being warned by my mother about the dangers of it, so it’s nothing new. Advertisers and marketers are counting on it. Amazon built…
loan Forgiveness More Difficult Than Admission to Yale?
Public Service Loan Forgiveness Program There has been a lot of chatter in the press lately about the Public Service Loan Forgiveness (PSLF) Program and how difficult it is to actually qualify. So many people were rejected after 10 years…
There’s a F.I.R.E. – I Just Don’t Feel The Warmth…..
There’s a “movement” afoot and its called Financial Independence and Retire Early or F.I.R.E. To oversimplify, the followers of F.I.R.E. live relatively frugal lives using the money they save to pay down debt and invest. The goal? To have enough passive income that…
Veterinary Medicine Loan Repayment Program (VMLRP)
Today we are talking about the Veterinary Medicine Loan Repayment Program (VMLRP). If you are a recently graduated (or about to graduate) food animal veterinarian who has at least $15,00 of student loans and is willing to practice in an…
Real Estate Investment Trusts (REITs) – A Primer
Real estate is considered by many to be an essential part of any balanced investment portfolio. Why? Well, although far from perfect, there is somewhat of an inverse correlation between stocks and real estate. So when stock process slide, real estate…
Don’t Fall Into The 529 Plan Grandparent Trap!
Those that follow my blog know that I’m a big fan of the 529 plan. The 529 plan is the go-to instrument when saving for children’s education. Although they are funded with after tax money the funds grow tax-free and then,…
Study shows we need to save more for retirement – A lot more!
So earlier I tackled the issue of how much to save for retirement. A lot of advisors suggest that when we strategize for retirement, we will probably need to plan on spending some fraction of our current income. In one…
Calculating Net Worth – Your Financial Report Card!
The underlying premise behind “net worth” is the question: What would I be worth if I were to sell everything I own and paid off all of my debts. Its not very realistic – no one is actually going to…
