Submitted by Rick Kahler on Thu, 02/20/2014 - 3:00pm
A survey done by the financial services company HBSC finds that only 59% of U.S. parents intend to leave their children an inheritance, the lowest of the 15 nations studied. The fact the U.S. is last came as no surprise to me. What did surprise me was that 59% seemed high.
Submitted by Joseph A. Clark on Wed, 02/19/2014 - 3:00pm
To listen to me commenting on the Olympic figure skating in Sochi, you’d think I was an expert. But I know very little about it. Tragically, too many investors make decisions whose basis is as thin as my knowledge of skating.
As we watched the Winter Olympics skating competition on TV, I pointed out to my wife a Salchow jump and then a death spiral. She looked at me with surprise and marveled at how much I knew about the sport.
Submitted by H. Jude Boudreaux on Mon, 02/10/2014 - 12:00pm
Setting goals for a new year can feel overwhelming. We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s a clearer path for setting and reaching your goals.
I love complex processes. Intricacies of a large spreadsheet really get my brain going and I can spend lots of time deeply analyzing financial questions.
Submitted by Roger Wohlner on Wed, 02/05/2014 - 9:00am
Market and economic forecasts for 2014 abound throughout the financial news media, especially cable shows. Take them with a ton of salt. Even someone who makes a great call once is unlikely to repeat that feat. Several one-hit wonder pundits showed us that. Better ways exist to direct your investing.
There is only one forecast that is guaranteed to be accurate.
Submitted by Joseph A. Clark on Fri, 01/31/2014 - 3:00pm
If you follow financial news, you hear a lot of ideas about strategies to strike it rich. Some advice: Don’t listen. Every once in a while it’s important to go back to basics when evaluating how you manage your money.
There is an investment strategy out there for just about everyone, whether you want to be aggressive or preserve your capital long-term. What is often too easy is getting bogged down in the Investing section of a Barnes & Noble bookstore, looking at all the books promising to make you rich in five easy steps.
Submitted by Mary Beth Storjohann on Fri, 01/31/2014 - 12:00pm
You need to get financially organized for 2014. Here’s how.
Many people remain unsure where to start with their finances. Kick off with this printable financial checklist with actionable strategies, boxes to check off and spaces to fill in on your own. Stop stressing about your money and start writing down goals and checking your financial status.
Submitted by Joseph A. Clark on Wed, 01/29/2014 - 3:00pm
Thinking – and acting – long-term is not easy. It requires the resolve to be consistent and persistent into the future. More than that, though, it requires that you set the right objectives. What’s the point of expending cost and effort if the objective is ill-defined or unwise?
Submitted by Mary Beth Storjohann on Fri, 01/17/2014 - 3:00pm
Your net worth, representing your assets minus any liabilities or debt, measures your financial health. One of the first steps on your path to workable wealth: Calculate your net worth to give you a starting point to look back on in the future.
Maintaining a positive net worth not only keeps you on a positive financial course; it helps you qualify for loans and more attractive credit terms – saving you a lot of money over the long run.