With election season heating up, debates on what a Trump or Biden victory could mean for the stock market are intensifying, too. Questions on how each candidate’s potential victory would impact the market aren’t unique to the 2020 U.S. presidential election. We see...
As interest grows in environmental, social and governance (or ESG) investing, a lot of people may wonder why their 401(k) plan does not offer ESG funds. I’ve even noticed some smart financial thinkers suggest that people should lobby their employers to add ESG funds...
How can two people with the same income, financial experiences, or education have very different levels of financial wellbeing? It’s simple: a sense of wellness doesn’t come from numbers alone. It’s all about the sense of security and freedom of choice each individual...
Listen to This Episode On The Podcast An updated version of this post with new content is also available on my podcast The Long Term Investor. For most of your life, saving for retirement probably wasn’t a high priority. But as the years count down on your career,...
When I wrote Making Money Simple, my goal was to give people a blueprint for turning career success into financial success. People who experience success in their careers often dedicate years acquiring knowledge and honing their craft. But enjoying professional...
Time mixed with the power of compounding is the most potent combination for wealth creation. Compound interest allows you to grow wealth faster by earning a return on your past returns. This isn’t a linear relationship – it’s exponential. The human brain isn’t good at...
