Money Clinic: Dow 20,000 in Perspective

Nearly 18 years have passed since the Dow Jones industrial average first reached 10,000 on March 29, 1999. This equates to a gain of just under 4% per year on an annualized basis. While it is hard to find anything wrong with benchmarks hitting new highs, there are also sobering realities that we must embrace. […]
Continue reading…

Enjoyed this post? Share it!

 
 

Money Clinic: The Tortoise Doesn’t Always Win

I have to laugh when I hear investment pundits proclaim that “set it and forget it” is the right strategy for most investors. Slow and steady doesn’t always win. Neither does ignorance or laziness. You can’t count on learning what you need to know about investing by watching TV commercials or reading magazine ads. Yet, […]
Continue reading…

Enjoyed this post? Share it!

 
 

Money Clinic: Roadblocks to Retirement Saving

No matter what generation, the question remains: Why don’t more Americans plan better for retirement. Over half of workers say they woefully unprepared for retirement and plan on working into their late 60’s. The answer lies in the many distractions that hinder saving money. Perhaps the biggest roadblock to retirement planning is the tendency of […]
Continue reading…

Enjoyed this post? Share it!

 
 

New Year’s Resolution: Stop Making Stupid Money Mistakes!

For many Americans, money is a constant source of stress. Managing your personal finances isn’t easy. Also, it doesn’t get any easier if you let other people’s perceptions of what is “right” lead you astray. For example, some people think it’s a waste of money to eat out frequently, and others demand an annual beach […]
Continue reading…

Enjoyed this post? Share it!