You are sitting at the table with a pile of chips in front of you. Airfare is already covered as is your room and a few meals. The excitement of Vegas, Macau or whatever the venue is reverberating through your body and your momentum is unmistakable. You have finally...
Dude, where’s my cash reserve is never a question you should be asking yourself. Having 6 months of expenses in an FDIC insured account is the only way to go. You shouldn’t have any less, but circumstances may cause you to need more. Cherish that cash reserve. Be...
Target date mutual funds provide a one-stop shop for retirement portfolios. The target date is the approximate date when investors plan to start withdrawing their money and you get an asset allocation that is geared to a specific retirement year. It then gradually...
Dear Retirees, I wanted to start by congratulating you on getting to this point. You’ve worked hard for a number of years and have had the discipline to consistently save and accumulate the nest egg you have today. No more having to wake up at 4-5 AM in the morning to...
“If it ain’t broke don’t fix it” is one of my favorite proverbs. However, with all due respect to the great Bert Lance who coined the phrase, I’d like to make a modification that especially rings true in the investment world. Do we determine whether something is broke...
While I am a fairly conservative financial advisor, I like to step out sometimes. My interests include dancing, traveling to third world countries and consuming ethnic foods (particularly Indian and Ethiopian cuisine). I’ve even been convinced to eat a chocolate...
