An interview with financial expert Jim Rogers, the author of Street Smarts: Adventures on the Road and in the Markets.
An interview with Professor Michael K. Salemi, author of Money, Banking, and Financial Markets: What Everyone Should Know.
If you are thinking of purchasing individual stocks, ask yourself whether you have sufficient knowledge to choose these investments yourself.
An interview with Professor Meir Statman author of 'What Investors Really Want.'
Did you know that the most important part of a financial planning meeting occurs even before you set foot inside your financial adviser’s office? Before you meet for the first time, you need to do your homework. Even the most professional adviser can’t help you if you haven’t done these three things.
I am a big believer in math. I studied many complex topics in college, and I think others should, too. But first teach kids practical math in school, and then if they decide to study further, only then start with the abstruse topics.
As a financial planner, I often ask new clients why a particular investment is included in their portfolio. One answer that I find somewhat worrying is: “I don’t really know how to explain it, but I just had a gut feeling that this stock was going to be a winner!”
As a financial adviser I notice that certain money mistakes are very commonplace. Are you making these kinds of errors that can destroy a fortune? Instead of learning from your own mistakes, try learning from other people’s mistakes. Here is a list of some of the most common mistakes in financial planning.
There are thousands to choose from… which mutual fund is right for you?
Though every investment has pros and cons, consider using one of the most common investment tools around.
The best-selling book The E-Myth examines the success of McDonalds and what we can learn from it.
What did you do when you received a purple vase decorated with green stripes and gold roses as an inheritance from your late Aunt Minnie? Did you give it a place of honor in your breakfront, hide it away in the attic, or did you follow your spouse’s instructions and “sell that hideous thing because at least you might get some money for it”? Chances are that you wouldn’t dare sell the vase, simply because of its sentimental value.
There’s no such thing as a perfect investment.
Have you thought about investing in dividend-paying stocks? As the name suggests, these are stocks that pay out a certain percentage of the company’s earnings as a dividend periodically (usually quarterly) to the investor. Recently, dividend-paying stocks have received a good press in publications such as The Wall Street Journal. Have you considered why dividend-paying stocks might be good for you?
Should you sell out of your portfolio now?
What kind of investor are you? Do you try to time the market and jump in at the right minute? Or are you a more cautious kind of person who spends hours researching market performance before you consider buying or selling anything?
If your main reason to buy an investment is that you think someone else will buy it from you at a higher price, you may be sorely mistaken.