The oldest members of Gen X begin turning 59 1/2 this month. That is the earliest age when they can start withdrawing retirement assets without a penalty. But many members of Gen X are far from prepared with almost half saying it would take a “miracle” for them to be able to retire. That’s leftContinue reading “Gen X Is Not Ready For Retirement”
Category Archives: investments
Simple Method to Evaluate Mutual Funds
There are thousands of available mutual funds for investors. It can be overwhelming trying to find the best ones for us. Here are my tips that I’ve learned over the years to keep it simple. First, the number of available funds will be cut down significantly if you have a job due to what isContinue reading “Simple Method to Evaluate Mutual Funds”
Time to Build Cash
As a small retail investor it is important to take a patient and disciplined approach to your money. You have to attempt to maximize your ability to buy low and sell high. In this spirit you have to watch out for getting caught up in market momentum. It truly is a lot of fun toContinue reading “Time to Build Cash”
Bet On The U.S. Economy!
The longterm advantages of the U.S. make it the best bet in the world. It has advantages that have made it and will continue to make it the most powerful economy on Earth. It is large and has favorable geography and climate. It has a large educated population, good demographics, and abundant natural resources. Finally,Continue reading “Bet On The U.S. Economy!”
Market High? Time to Lock in Gains?
The DOW, NASDAQ and S&P 500 are at very high levels right now. If we are attempting to always “Buy low and Sell high”, right now is a definitive moment when we should consider locking in gains on certain investments. Which investments should we consider selling? Look at those investments that have run up rapidly,Continue reading “Market High? Time to Lock in Gains?”
Why Saving the First $100,000 is the Most Difficult
Saving money can indeed feel challenging, especially when you’re just starting out. Several factors contribute to why the first $100,000 might be particularly difficult to save: Despite these challenges, saving the first $100,000 is a significant milestone that can set the foundation for future financial success. It requires perseverance, discipline, and a commitment to yourContinue reading “Why Saving the First $100,000 is the Most Difficult”
How Many People Get To 1 Million in Retirement?
I came across this article which asks this very important question, what does the data tell us about how many people actually do retire with 1 million in the bank? The 1 million sum is great because first off it is a lot of money. Next, it is also a nice round number that isContinue reading “How Many People Get To 1 Million in Retirement?”
Saving Takes Discipline!
Making money is hard. Saving money I will argue is even harder. It absolutely takes a discipline and patience that just does not come naturally for everyone. If you want to make money one of the most important things that you can do is to work really hard. If you are willing to put theContinue reading “Saving Takes Discipline!”
Importance of Demographics
While I absolutely love reading fiction as a primary source of entertainment, I recently have started reading Peter Zeihan’s books. He is a political scientist and demographer and has made and continues to make very bold predictions about the global future. I’m a bit obsessed with everything he has to say as he has been proven correctContinue reading “Importance of Demographics”
Are Target Dated Funds For You?
While I am not personally a fan of Target Dated Funds, they do have a place for people just starting out investing or people who are too busy or lack the interest to follow the market on a regular basis. They are definitely better than doing nothing at all. Target Dated Funds are designed andContinue reading “Are Target Dated Funds For You?”
Patient and Disciplined Saving 