financial expert

September 23, 2011

The bigger picture is a monumental tug of war between the huge, unresolved, real world problems our economy is facing and the self-serving "things are good" spin from the financial services industry and, until now, from our government. We are facing huge unresolved economic problems that have been building for 15+ years and that our government cannot solve- problems with jobs, housing, burdensome government regulation and mountains of consumer, corporate, and government debt that must be wrung out, and painfully, in the real world. News like today's should be taken as a reminder and a motivator to put your own financial house in order.


August 30, 2011

The money saving tips I offer here are a recipe for simplifying your life, which can offer great rewards. I encourage you to think big and consider taking some major steps to save big money while enjoying a simpler lifestyle. These money saving tips are from the money book, Money Smart by Ted Hunter who is not your typical money management expert.


August 25, 2011

No one including Morningstar can reliably identify which mutual funds are likely to outperform the market, let alone match it, and so Index Funds are the best way to invest in the stock market.


August 3, 2011

It’s time to solve our debt problem, (nationally and personally) and create a plan to eliminate debt for good. Money should add to your happiness, not taking away from it. Be debt free and change the money game in your favor.


July 28, 2011

The problem with the Morningstar rating system is that strong short term fund performance is meaningless since the majority of the 4-5 star funds drop to 3 stars or less within a few short years. When the ratings drop, investors are advised to invest their money in the next set of 4-5 star funds. The result is both investment underperformance and additional losses from paying the substantial commissions required by the fund switch. This cycle is extremely damaging and yet is the norm.