The takeaway: Dave Ramsey has devoted much of his adult life to helping folks get out of debt. His debt relief teachings seem to work. When he branches into areas like investing, caution is required. But if debt’s the issue, Ramsey’s the man. Here’s a review of two of his best sellers. $$$ When Dave … [Read more…]
The takeaway: large-cap, mid-cap, and small-cap stock funds in your nest-egg are ways to stem market losses and enhance market gains. Just make sure that your personality matches the personality of these large-, mid-, and small-cap stocks before you buy. $$$ Last month’s post was an affair by the numbers. We looked at 40 years … [Read more…]
Takeaway: Diversified stock funds can stem losses and enhance returns for your retirement nest-egg. Trees don’t grow to the sky and neither will this stock market. You’ve already seen here how owning both stock and bond funds reduce damage to your nest-egg. You can further reduce damage, not just by diversifying between stock and bond … [Read more…]
The takeaway: Ok, Boomer? Better than ok! Here’s the evidence for how we Boomers have changed the world–and we’re not done yet. Despite the age-shaming–which we invented by the way–we’re rooting for you, Gen Z. $$$ When I walked past you, I pretended I didn’t hear you. But I did. “Ok, Boomer. Have a terrible … [Read more…]
The takeaway: There are four ways we Boomers ruin our retirement lives. The only time we really hear about these four ways is when a pro athlete makes the news for squandering millions and being broke. Bulletin: We Boomers are just as capable of squandering our lifetime earnings and ruining our retirement lives. Avoid these … [Read more…]