The Cash Box: Saving Money Is About Developing Good Habits

The Cash Box: Saving Money Is About Developing Good Habits

I’ve been a financial advisor for over ten years and it’s hard for me to imagine doing anything else. Nothing makes me happier than steering my clients toward a comfortable retirement, or maximizing the effectiveness of those 401K contributions. And the only thing...
Beware Inflation, the Devil in Disguise

Beware Inflation, the Devil in Disguise

Imagine you have $1 million saved and you live in a fantasy world where there are no taxes. You need to take out $40,000 each year for expenses, a very reasonable 4 percent starting withdrawal rate. Inflation is 3 percent, but you can get 5 percent a year risk-free...
How to Use Options for Insurance and Extra Income

How to Use Options for Insurance and Extra Income

Most individual investors will be better off if they never touch options. This is not to say that they can’t be good tools, but most people struggle to use them correctly and fail to appreciate the costs involved. Options are not dangerous if you know what you are...
State Street’s GLD ETF: Is it Just Paper Gold?

State Street’s GLD ETF: Is it Just Paper Gold?

Because so many people own it, and because we utilize it in some of our portfolios, it is appropriate to post a very brief discussion about the popular gold ETF, GLD. Managed by State Street’s SPDR ETF group, GLD has over $60 billion in assets as of this writing. As...


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