Boomer, today’s book review is about purpose and “calling.” As noted in this book, and exemplified by my friend Susan, our purpose and calling can change throughout our lives. And it can have a profound impact on our lives. Proceed with caution… My friend Susan’s purpose and calling was to build a successful business. After … [Read more…]
The takeaway. Today we discuss how Asset Allocation enables you to buy low and sell high–the holy grail of investing. It’s powerful stuff. Also included is how asset allocation let yours truly leave my job, pay off my house, and move to Italy for a year. It works when you work it.  $$$ Ahoy, Boomer! … [Read more…]
The takeaway: Asset allocation is the percentage of stocks and bonds in your portfolio. These percentages can supercharge your nest-egg or cause it to plod along. What should the percentages of stocks and bonds in your portfolio be? This post gives you standard rules of thumb to consider.  $$$ Greetings, Boomer! In Part 1 of this … [Read more…]
Asset allocation is the relative percentage of stocks and bonds in your portfolio. Over time, it determines your investment results. The takeaway: Asset allocation, the percentage of stocks and bonds in your portfolio, is the main driver of how fast your nest-egg grows. It’s a tool that, when followed, forces you to buy low and … [Read more…]
Boomer, it’s never too early to start thinking about what you’ll do after you finish your primary career. Maybe you’re still in the throes of your primary career. Maybe you’ve already finished your primary career and are asking yourself, “now what?” Either way, it never hurts to start thinking about how you’ll transition into retirement. … [Read more…]