Financial Blogger Wisdom: Fall 2017
Last week, Tadas Viskanta of Abnormal Returns rounded up some of the best finance writers around to answer a series of questions. Here were my responses.
5 Essential Estate Planning Documents
Estate planning is a little different for everyone, but there are five documents that you should consider regardless of your age, health, and wealth.
Active vs. Passive: The Wrong Debate
With the distinction between active versus passive becoming less informative, investors must seek out information on more relevant characteristics when evaluating investments.
Spending Too Much? Here’s What to Do
The idea of cutting expenses is often talked about like a tragic event, but that isn’t a productive way to frame the act of saving money.
Saving isn’t about making sacrifices. It’s about keeping your priorities and getting more of what you really want.
There are many ways to increase your savings that involve delaying gratification or examining the importance of your everyday expenditures. Here are a few to get you started.
How to Set Up Your Emergency Fund
Your emergency fund can help you cover the cost of life’s unpleasant surprises. But do you know how big your emergency fund should be and where to keep it?
The Market is Greater Than the Sum of Its Parts
People place too much importance on explaining individual pieces of the market and not enough on how others think those pieces will interact with each other.
Thinking About Markets Like Piles of Sand
When you view financial markets as a complex adaptive system, it is easier to eliminate the futile cause and effect thinking that plagues so many investors.
Introducing a New Series to Explore Complex Adaptive Systems
I’ve made many references to financial markets being a complex adaptive system. Over the next several weeks, I’ll go into greater detail on the topic.
Good Habits for Managing Debts
I spoke with Dan Gray at Fox 2 News St. Louis to discuss good habits for managing debt. View the replay below: https://www.youtube.com/watch?v=KV5oVDC3T_0
Do It Yourself or Hire an Advisor?
Should you manage your money yourself or hire a professional to help you?
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Peter Lazaroff, CFA, CFP® is Plancorp’s Chief Investment Officer, a financial advisor, speaker, and author of the book Making Money Simple.
