There's a gremlin nibbling away at your wealth as fast you can accumulate it. It's a real threat operating under a rather benign-sounding name, "opportunity cost."- Michael Masor Opportunity cost is a financial principle that is critical to understanding how to build and preserve wealth. Yet, most people fail to grasp its' importance for their [...]
Many things in the United States are in flux right now because of the pandemic. Perhaps nowhere is the uncertainty and confusion more apparent than in the US education system. As a parent or grandparent, you obviously want to give your kids the best possible chance of success in life. Until recently, the path to [...]
"Many people who carefully plan for their income needs in retirement do so based upon a fixed retirement horizon of average life expectancy and thus might give short shrift to the significant probability of living longer." - American Association of Actuaries Blues legend Albert King once observed, "Everybody wants to go to heaven, but nobody [...]
How much longer is the pandemic going to last? TV anchors and various media pundits have all been giving their opinions and asking whomever they could when will the Coronavirus pandemic be over. When will their lives return to normalcy and when will the stock market finally bottom? And even suggesting financial questions to [...]
As we enter new and dangerous waters, there are many new questions and concerns we’ll need to re-visit. Not only is our health at-risk daily, but so is our livelihood. Retirement, whether you’re already there or are approaching it, may face drastic, never-before-seen adjustments. Our personal goals and values may need adjustment too. And, perhaps, [...]
How to prepare for the next stock market crash.