We all love getting bonuses. Or any big windfall of money, really. Let me show you how I have advised former clients and friends on how to spend a big bonus in the past. Account for Taxes There is a common misconception about bonuses. Most people believe that they are Read more…
The use of robo advisors are one of the fastest growing sectors of the investing world. And for good measure. However, they are not good for all people in all situations. Let me explain. What is a robo advisor? A robo advisor is a financial advice service that is built Read more…
There are a LOT of different ways to value stocks. You can look at a specific stock to buy or sell through a whole bunch of different lenses. And depending on what you are doing and what your goals are, you will need to use a different combination of those Read more…
Investing doesn’t have to be as complicated as you might think it is. The biggest thing to remember is the tradeoff between risk and reward. I explain it in depth here. Today, let’s talk about one of the most conservative investments that there is, revenue bonds. What is a Revenue Read more…
Inflation. We’ve all seen it in the news and felt it at the grocery store over the past couple years or so. Let me explain what inflation is and how it affects you and your wallet. What is Inflation? Simply put, inflation is the cost of goods and services going Read more…
Risk is an EXTREMELY important topic when speaking about investing. After all, risk and reward go hand in hand. How do you measure each one? With reward, that is easy. It’s measured in how much money you made on your investment. But with risk, it is a little bit more Read more…
A common investment strategy that some people use is dividend investing. This is how it works. You invest in a mature company that pays a regular dividend and you take home those dividend payments to live on. But in order to do that, you have to understand how dividend dates Read more…
How much money do I need to retire? This is one of the most common questions that I have been asked as a financial professional. There are a lot of considerations to take into account, let me explain. Considerations to Make The amount of money that you need to retire Read more…
Term insurance is the most basic and simple form of life insurance that there is. Let me explain how it works. What is Term Life Insurance? Most people intuitively understand what life insurance is. If you die while you have it, then your beneficiary will get a payout. And that Read more…
There are an infinite number of ways for someone to invest their money. You can be conservative, aggressive, or somewhere in between. And within each of those options there are an infinite number of ways to invest. But there are a few big indices out there that are really common Read more…