Topics
Topic:
Financial Literacy & Fundamentals
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Biggest Mistake: A Great Stock and a Great Investment May Not Be the Same
The following is an excerpt from Hello Harold, a book by Harold Evensky – click here for a free hard copy! “That’s a great stock; I think I’ll take a big position in my portfolio.” That’s how all too many investors make their investment decisions. Mistake, big mistake. Randi: Hello, Harold. Harold Evensky: Hi, Randi. What’s new in…
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Market Timing: A Fool’s Game
The following is an excerpt from Hello Harold, a book by Harold Evensky – click here for a free hard copy! — Markets don’t care about what you need. The Trujillos visited me a few months after the technology market crashed in 2002. They were a lovely couple—both in their mid-seventies—Mr. Trujillo was dapper in his tailored blue blazer,…
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What Should You Consider When Reviewing Your Cashflow?
Monitoring cash flow is universal and critically important to the health and well-being of your financial plan. Perhaps you have: Income streams that have changed; affecting your savings, taxes, or debt service. Essential and discretionary spending has experienced upward creep; affecting your ability to save, service debt, or save for your future. Savings goals that…
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Taxes: It Pays to Treat Them Right
The following is an excerpt from Hello Harold, a book by Harold Evensky. — I know how most people feel about taxes: don’t tax me, don’t tax thee, tax the man behind the tree. Unfortunately, ultimately we gotta pay. Everyone’s interested in minimizing the pain and that’s why I’m sitting here trying to put together…
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Mo’ Money Mo’ Problems
These problems are of the first world variety so we can start off by being grateful for them. Now onto the “problem”. You are generous and want to give a trusted friend or family member some cash. Handing money over to a trusted friend or family member can (unfortunately) be more complicated than you want…
