August 8, 2012
I was out shopping this past weekend with my wife and twice I was stunned to see so many people, even now, continue to spend their money in the same ways they always have.
Manage Your Money
June 21, 2012
Our higher education system has been and will continue to be a massive failure for most children...
June 7, 2012
I’ve been telling you it’s a bad time to invest in the stock market (even in index funds for now), so exactly where and how should you invest your money for the time being? Retirement money and other savings should basically be in very short term fixed income investments right now. But let’s break this down and understand where to (and not to) invest your money while returns are so painfully low, while still protecting them from unstable markets and likely to lose investment opportunities. I know it’s rough to even contemplate returns so low they don’t even make up for inflation, but most of the successful investors I know personally are doing what I am right now and are holding out until better returns can be achieved and most importantly keeping our money secure. We sit here waiting for the game to shift and the next opportunity to arrive, as they always eventually do.
May 31, 2012
The system of personal money management in this country has become corrupted beyond belief! Those that have trusted it and followed the advice of the vast majority of the financial services industry and the majority of the financial media have seen their finances, their futures, and often their lives, deeply damaged.
May 10, 2012
Earlier this week, a New York Times article came out that really caught my attention. It was disappointing to see the typical economic spin that encourages people to invest with the financial services industry NO MATTER WHAT taken to such great lengths, but was also encouraging to see that the article was in response to a terrific new trend by their customers. People are really starting to catch on that it’s not a good idea to invest in the stock market, especially not at this time, and have been pulling their money out. Now, that’s great news.
April 26, 2012
If there is one message that stands out with all that's going on in this country it is this: The only way to create lasting financial security and erase stress related to money is to depend on yourself. Don’t count on the stock market or money from the government, and especially don’t rely on the advice and guidance from the Financial Services Industry. This industry manages the savings and financial plans of most Americans, but does not know how to create profit for their customers; rather they are trained to successfully market the idea that they do. It’s an industry whose track record has been devastating to the finances of most Americans over the last 10-15 years.