No one has to sell us on the idea of retirement. We do however need to be reminded of the benefits of Findependence. Most of us don’t need reminders of why we want to retire some day. As the decades fly by, salaried jobs can be stressful and that doesn’t seem about to change in […]
Author Archive | Mike Bayer
I was once asked, at a journalism conference, how I defined my job. I said: My job is to write the exact same thing between 50 and 100 times a year in such a way that neither my editors nor my readers will ever think I am repeating myself. That’s because good advice rarely changes, […]
Here’s a holiday suggestion that only a personal finance blogger would make: While you’re celebrating Independence Day, take some time to nail down the day you want to become financially independent. Declaring your Financial Independence Day is a better idea than trying to come up with “the number” you need to retire, especially if you’re […]
Why We Make Bad Decisions About Money (And What We Can Do About It)
What fee-only advice really means and how to choose a planner. Real estate investors famously focus on location, location, location. If they started reading up on hiring a financial adviser, they might conclude the three most important things are fees, fees, fees. At least that’s the view from the outside looking in after scanning various […]
On this week’s Consuelo Mack WealthTrack – legendary financial consultant Charles Ellis. His “Winning the Loser’s Game” is an investment classic. Now he’s written a new investment primer with Princeton economist Burton Malkiel, “The Elements of Investing.” Financial Thought Leader Ellis offers basic rules to succeed in the financial markets.