A Financial Literacy Blog for All
The All Seasons Portfolio reports amazing statistics about its returns. I’d never heard of the All Seasons Portfolio, so had to check it out. As I’ll discuss in more detail, it is an asset allocation strategy with more than 50% of the portfolio allocated to …
It is so important that kids learn about financial matters when they are young. Although we didn’t have any formal plan, our kids took away a few important tidbits over the years. In this post, I’ll provide you with the 7 most repeated pieces of …
Before we talk about the specific indicators that would signify stock market sell signals, we must understand why we bought each stock in the first place. The simple theory of ‘buy low, sell high’ seems practically very easy, but the reality of the situation is …
A Reverse Mortgage for Retirement Planning
A reverse mortgage can be a valuable financial management tool for seniors and their families. However, if misunderstood or misused, borrowers and their heirs can encounter any one of a number of different challenges. In this post, I’ll define "reverse mortgage" and provide illustrations of several of its variations. I’ll ...
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Smart Account Choices Juice Long-Term Growth
Compound interest allows your investments to grow exponentially in value. This post provides six online compound interest calculators to help you understand the benefits of compound interest on the future value of your investments. Importantly, you can see the impact of income taxes on the ability of your investments to ...
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How Short Bets on GameStop Took Big Slides
The financial news in the past week or so has been full of stories about GameStop, AMC Entertainment Holdings (AMC), Blackberry, Reddit, r/WallStreetBets, hedge funds, short squeezes, margin calls and Robinhood, among other things. Many of these stories explain parts of what is happening. However, they often use terminology that ...
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Don’t Sweat those Mortgage Terms
A mortgage is key to buying a residence for most people. Mortgage loan documents are often lengthy and full of technical terms. As such, many people either don’t read them in their entirety or don’t understand the details. As with all contracts, I recommend that you read your mortgage from ...
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