Issues of Liquidity: When Cash Isn’t Just Cash
It’s a good problem to have: Cash accumulating in an account. Liquidity that gives breathing room. Or it could be you just doing a good job of living below your means, with the result being that what you don’t spend accumulates in one of the aforementioned accounts. The Challenge: What should you do with it? It’s just sitting […]
Don’t Take On Risk To Impress
Trying to measure how comfortable we are with the concept of risk tolerance is challenging for many people. There’s a plethora of tools out there to get this crucial metric right, but really it comes down to this: How accurately we assess risk. Risk Tolerance It can be stressful for the person: Even though there […]
Target Date Funds: Should You?
Target Date funds, each usually a ‘Fund of Funds’ made up of various mutual funds, attempt to meet, or ‘target’, an asset allocation suitable for an individual’s time horizon. Do they succeed in doing so, or, at least, are they doing a better job at it than an employee left to her or his own […]
Examples of Fixed Income Portfolios
Fixed income is a popular segment of asset classes for conservative investors. What are the asset classes that comprise fixed income?
Forrest Gump Was Right: It’s One Less Thing
One of the common misperceptions people have of me = ‘She is a Financial Planner, hence she is obsessed with money and making money’. I won’t deny that I like making money and that I like building my personal Balance Sheet. But there’s a larger picture to why I do this: It’s to help people […]
Means-Assessed Medicare and Social Security
Medicare and Social Security are 2 different programs. Social Security pays retirement, disability, or survivor benefits. Medicare pays for inpatient hospital care, nursing care, doctor’s fees, drugs, and other health related costs for those aged 65 or over. Means-Assessed Means assessed means that something is based on your means. It’ll be based on your ability, […]