How Are You Aligning Your Lifestyle To Meet Your Goals?
It can be empowering and encouraging to set financial goals. It can also be overwhelming. They can seem big (ie cost alot of money). They can seem very, very far away (ie 20…30…40 years…). But, when we know they are important to us and when we make funding them a priority, things can fall more […]
Diversifying By Market Sector Via Mutual Funds
In working towards asset allocation, it’s crucial to diversify by market sector in mutual funds.
Focusing on the Fundamentals
Whenever there’s turbulence in a stock market, either the US or another country, it can create anxiety. We know we should keep our focus on the fundamentals. Yet some distracting thoughts that come to mind for many people include: ‘Will this affect my account?’ ‘Will this affect my ability to still grow my account and […]
The Consequences of Investing in Hedge Funds and Limited Partnerships
Hedge funds and master limited partnerships (MLPs) have their fans and can make sense for some investors. However, they are incredibly complex and opaque, and not suitable for most people. Hedge Funds Hedge funds can be opaque, as they are not held to the same standard of disclosure as other investments, say, mutual funds. MLPs […]
Retirement Spending: How Much Variability Can You Afford?
Being able to determine how much variability in retirement you can afford is a matter of (financial) life or death. Variable Retirement Spending That may sound dramatic, but when you consider the consequences of missing the target, it really isn’t. Being able to plan for how much you can expect to live on in retirement […]
What Is Your ‘Good Life’?
When looking at living the kind of life you want, you may already have many aspects of ‘the good life’ in it. Family, adventure, health, meaningful work, joy. Friends, learning, knowledge, community. Solitude, simplicity, hobbies, passions, independence. ‘The Good Life’ can be a myriad of these things and more to any of us. It tends […]