What is the “Dow” and what does it mean to me?
Any investor who has listened to the morning radio or turned on a television during the week has heard the performance of the Dow Jones Industrial Average. The investing media pundits seem to go into [...]
Make changes or rely on chance?
So, you survived your first tax season under the new tax law. Do you need to make changes now? Tax Cut and Jobs Act of 2017 This was the first tax season filing tax returns [...]
Will you reduce expenses in retirement?
This post is another in a series about the dangers of using rules of thumb as a basis for your financial plan. As I’ve mentioned before, many of these so-called rules were only marginally true [...]
My take on Rich Dad, Poor Dad
I've been asked a number of times for recommendations for books on personal finances - both for adults and for teens. I've read lots of books on different financial theories, behavioral economics, financial management and [...]
What do you do if you’re laid off?
According to the Bureau of Labor Statistics, the unemployment rate is currently around 4%, which is still low by historical standards. And many companies still have difficulty filling some positions because the skills they need [...]
How to overcome the fear of tax season
There’s no two ways about it. The U.S. tax code is complex. Even if you have an understanding of how the tax system works, there are seemingly endless specific provisions that affect some situations but [...]
Is this the right time for a financial Resolution?
Happy New Year! Time for New Year's Resolutions? It’s that time when you see references to New Year’s Resolutions all over the internet. People ask each other what their New Year’s resolutions are. Parents tell [...]