Stop looking at your portfolio. The Digital Age has made access to stock market data and real-time portfolio values increasingly easy, but it causes investors to lose sight of the big picture as their mental time horizon shortens to match the frequency of feedback...
People say that cash is king, but they don’t give their cash the royal treatment it deserves. The biggest mistake people make is having too big a cash balance in their primary banking account. Since cash loses purchasing power over time, efficient use of cash is...
According to the IRS, U.S. taxpayers received $264.5 billion in total refunds in 2016. That makes the average refund total about $2,993. That may feel like nearly $3,000 of “extra” money, but keep in mind a refund is what you overpaid to Uncle Sam during the last tax...
When I first meet a potential client, I’m always disheartened to see the poor retirement plans offered by employers. Most people don’t have the training to identify whether their company is providing them with a good option. Even worse, employees have very little...
My first distinct memory of money was during a night out with my family at a local pizza shop. I don’t remember how old I was, but I’d guess no older than six or seven. The restaurant had a jukebox and I asked my dad for money to pick out a song. Instead...