Category: Saving Money
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What Is Value Investing?
What Is Value Investing? Value investing is an approach to increasing wealth where investors actively search for stocks that are undervalued. After the initial investment, value investors usually hold on to these stocks for however long it takes for their share prices to increase. If these stocks appreciate and approach their underlying values, they need…
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Smart Stock Investing Minimize Risk, Optimize Returns
Smart Stock Investing: Minimize Risk, Optimize Returns Losing Money is Easy Too easy. While no one will say they want to lose money, many investors just can’t help themselves. They focus only on the short-term. They see trendy stocks going up, providing great short-term profits for other people, and they want their piece of the…
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Two Most Common Misconceptions About Stock Investing
Two Most Common Misconceptions About Stock Investing Investing is simple, but not easy. Warren Buffett Regularly, I speak with many people about stocks, and I found that most people have at least one of these two most common misconceptions about stock investing: If the above sounds like they make sense to you, that’s because these…
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Saving for College-Is a 529 Plan Enough
Saving for College – Is a 529 Plan Enough? Saving for College Does the thought of paying for your children’s college tuition scare you? According to bestcolleges.com, the average tuition and fees increased from $8,661 to $14,307 per year from 2000-2021. So, for a 4-year degree in 2024, you probably need to pay around $60,000…
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Repair Your Car or Buy a New One
Should You Repair Your Car or Buy a New One? Things to Consider Similar to being asked whether someone should buy or rent a house, I received another question: “Should you repair your car or buy a new one?” My 2005 Honda Civic just reached 100,000 miles and I have my car scheduled for a…
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Should You Buy or Rent a House
Should You Buy or Rent a House? A common question I’ve been asked a lot over the last decade is “Should you buy or rent a house?” Recently, I’ve been asked this question 5 times. This topic is so deep that it would require the research equivalent of a doctoral dissertation to answer this question…
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How a not so frugal dad thinks and spends during this Halloween weekend
How a Not-So-Frugal Dad Thinks and Spends During This Halloween Weekend I wrote this update this Saturday morning (Oct 29, 2022) to all my clients, because one of them requested it. October 29, 2022 Dear Partners, On Thursday, Oct 27, 2022, one of you requested me to write more about tips and tricks on how…
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Non-term Life Insurance Products are not Good Investments
Non-term Life Insurance Products Are Not Good Investments Non-term life insurance products, such as annuities, and whole life and universal life products, generate very high commissions for insurance agents and high profit margins for the insurance company. These commissions and profits are coming out of your wallet. Additionally, you need to question the investment guarantees…
