529 Plans are a big piece of many of our client’s educational plans. While 529 Plans are not the sole educational planning tool, they are in my mind probably the best for most people. One point about 529 Plans that I really try to emphasize with families is that anyone can contribute to them. So parents, even though you might not be able to funnel monies … Read More
A Bit of College Can Be Worse Than None at All
What if you had $40k of college debt and still had no degree to show for it? This is the real-life example that this WSJ article touches on and how some college is actually worse than no college at all. Nearly one-third of students who started college in 2012 didn’t return to a U.S. school the following year, according to the … Read More
How The Economic Machine Works by Ray Dalio
Anyone interested in a introductory lesson on how the economy works this 30 minute below by Ray Dalio is a great educational tool. Ray Dalio is the legendary investor and founder of investment firm Bridgewater Associates.
Office Stress: His vs. Hers
This is a rather personal post for me since my wife maintains a full-time career. Stress is something that my wife and I have had to deal with our entire careers and especially since we had our triplets nearly 4.5 years ago. I speak to a lot of couples who face similar issues in trying to find some balance in … Read More
Scott Hanselman – It’s not what you read, it’s what you ignore
When watching this video remember…..hope is never a strategy Webstock ’12: Scott Hanselman – It’s not what you read, it’s what you ignore from Webstock on Vimeo.
IRS provides details into Suspicious e-Mails and Identity Theft
The information below comes directly from the IRA and was recently posted on the IRS website. The Internal Revenue Service has issued several recent consumer warnings on the fraudulent use of the IRS name or logo by scamsters trying to gain access to consumers’ financial information in order to steal their identity and assets. When identity theft takes place over the … Read More
10 Things About Living Longer in Retirement
Hat tip to Barry Ritholtz at The Big Picture
Most investing is simple, but we complicate it
I am a big believer of simplification, especially when it comes to investing where there is still a significant amount of luck involved with investment returns. There is up to a certain point where a high IQ helps you before it starts to hurt you in the investment world. Morgan Housel of the WSJ touched on this in his article in which he zones in on … Read More
The Millionaire Next Door
According to research by Thomas Corley author of “Rich Habits: The Daily Success Habits of Wealthy Individuals,” and “Rich Kids: How To Raise Our Kids To Be Happy And Successful In Life.” it takes the average self-made millionaire 38 years for 52% and 42 years for 21% to mint their first million dollars. Only a handful, 4%, became wealthy in less than 27 years. … Read More
Why Productive People Get Up Insanely Early
Trying to balance a business, dual careers with my wife, and 4 kids under the age of 5 certainly take a lot of balance. Many times I feel like I am running through life out of balance. But what is balance? It is largely subjective and relative to each person. So how do I try to find balance in my … Read More
