There are three types of investors, but only one type is right for you. You must carefully match your investment strategy with your skills, resources, and interests if you want to achieve your financial goals as easy as possible. Many investment strategies won’t fit your financial situation. The good news is you can advance to another investment type with the right education and skill development. Take this test to gauge where you are at now and what the right next step will be for your situation…
Simple, Free Investment Advice Can Cost You A Fortune
The investment marketers and media give us simplistic, free investment advice because that’s what sells best. It’s what people want regardless of whether or not it’s profitable. However, the cheapest investment advice can be the most expensive. Discover why personal finance should be simplified, but investing should not be. This knowledge will help you sort good investment advice from bad and make you a better investor…
Is It Safe To Withdraw 4% From Retirement Savings?
How much can you withdraw from retirement savings each year without jeopardizing your financial security? Conversely, how much money do you need to retire so that you can afford your current level of spending? In this post I overturn the conventional rules of thumb and offer you another viewpoint…
What Big Winning Stocks Have In Common
Did you know that nearly all the stock market gains from 1983-2007 came from just 25% of the stocks? Similarly, 75% of stocks contributed zero performance on average and the average stock actually lost money – during one of the greatest bull markets in recorded history. If you want to pick stocks that outperform the averages or develop a greater understanding of trend-following risk management techniques for your investment portfolio then this is a must read…
