Managing your financial life is not just about money.

Archives for Finance

Investing 101 – Pt.14 Stuff You Need to Know

This is the 14th article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful.  Here is my take on what those things are. What kind of investments should I use in my investment strategy? Should I invest in individual stocks and bonds?  No.  Too much risk, and not enough diversification.  There is one exception to this, and that is if you work for a company that
Read More

Investing 101 – Pt.13 Stuff You Need to Know

This is the 13th article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way. Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful. Here is my take on what those things are. You need an investment pie! Well, the official phrase is “a proper asset allocation”. There is a pretty good chance your retirement plan at work has some very colorful investment pies available. There are probably four or five of them, and these pies
Read More

Investing 101 – Pt.12 Stuff You Need to Know

This is the 12th article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way. Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful. Here is my take on what those things are. All the articles in this series so far have discussed stocks and bonds and the advantages and disadvantages of these investments, along with some history and some perspective. This article, and the ones that follow, will discuss how to be a successful investor,
Read More

Investing 101 – Pt.11 Stuff You Need to Know

This is the eleventh article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful.  Here is my take on what those things are. More thoughts on owning bonds Bond investors are lenders. Somebody pays you interest, and when the bond matures (comes due) you get your capital back.  Because that interest and that return of capital are guaranteed, owning bonds makes you feel good.  Understand that
Read More

Investing 101 – Pt.10 Stuff You Need to Know

This is the tenth article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way. Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful. Here is my take on what those they are. In my last column, I bravely suggested that bondholders will find it very difficult to earn any real money (what you get to keep after you pay taxes and inflation on your earnings) for quite a while to come. I also stated that
Read More

Investing 101 – Pt.09 Stuff You Need to Know

This is the ninth article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful.  Here is my take on what those things are. You need to own some bonds in your portfolio, but probably not as many as you think.  Actually, I don’t think you should own any bonds in your portfolio until you are at least 45 years old.  The reason for owning bonds in
Read More

Investing 101 – Pt.08 Stuff You Need to Know

This is the eighth article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some there are things you need to know to be successful.  Here is my take on what those things are. What is the big picture?  What is behind the long term upward movement of the stock markets of the world?  Let’s start with a question. Would you rather have been born on your birthday, or 500 years before that date?  The
Read More

Investing 101 – Pt.07 Stuff You Need to Know

This is the seventh article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful.  Here is my take on what those things are.
Read More

Investing 101 – Pt.06 Stuff You Need to Know

This is the sixth article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some there are things you need to know to be successful.  Here is my take on what those things are. Emotions will cost you some money, and maybe lots! The investment firm Black Rock, whom I believe is the world’s largest money manager, has a chart called “Investing and Emotions – The Ups and Downs of the Market.” It is one
Read More

Volatility

I'm sure you've noticed, volatility has returned to the stock market.  As of 4 PM on Thursday
Read More