Example 1A: Why You Stay the Course
Investing won’t always feel good. But the times that feel bad are often the best, most important times to stay the course.
Investing won’t always feel good. But the times that feel bad are often the best, most important times to stay the course.
The eternal struggle of personal finance is evaluating many options and choosing a single financial plan to execute…at least for today.
Felicia received a $600,000 inheritance. How should she think about taxes, spending, and investing over the long run?
Put in some time and effort up front, don’t hover too much, and use time as a lever: make your portfolio work while you work.
Even simple financial planning tools – like a backdoor Roth IRA – can lead to $100,000+ savings in the long run.
Financial planning is vital for new parents. Plan for new expenses, put financial safety nets in place, and take advantage of the tax code where you can.
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
False proxies are misleading indicators that don’t align with the desired outcome you thought they did. And they can ruin your finances.
Stocks’ positive returns come from an incredibly small percentage of periods. If you miss out on those infrequent periods, you’re screwed.
What does highly-respected NYU professor Aswath Damodaran say about stock traders looking to get rich quick?