DO YOU WANT TO CRUSH THE MIDDLING 401-K INVESTORS? THREE FUNDS THAT’S ALL WE NEED!

  Years ago I worked for BP Oil and Gas. BP had the best 401-K plan I have contributed to, matching seven percent of my salary, IF I contributed my seven percent. Easy decision! But one thing I found interesting (the British usage) was the huge number of funds we had to select from. It was well over 200 funds we could choose from. Maybe you love choices, but for many people ...

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DO NOT DONATE YOUR HARD EARBED MONEY FROM YOUR RETIREMENT ACCOUNTS TO COLLEGES TO PAY FOR YOUR KIDS EDUCATION!

Years ago, due to a layoff, my friend faced the dilemma of cashing in his 401-K Plan for his kids education or letting them take college loans. Today this is a common dilemma many parents face. Seventy five percent of parents report a willingness to delay retirement to help their kids get through college. It is expected by 2024, ~25% of those 65 and older will ...

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Is Buying A Home A Great, Good, Or Risky Investment – Today?

The answer to above question depends on a lot of factors, from your financial health/stability, the location you live in and the health of your local real estate market.  I purchased my first home when I was 25, and admit I was  clueless on the process and cost associated with buying a home.  It turned out to be a good investment, I was LUCKY! Instead of relying on luck, lets look ...

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$1 MILLION – THINGS YOU NEED TO KNOW! (Interview #1)

This week I interview a young man, Jake, whose household Net-Worth is on a great trajectory. Jake and his wife Jen, in their early 30’s, have already built a Net-Worth, that is 30 times greater than the average American Household for a couple their age. THIRTY TIMES GREATER - bears repeating. So lets take a look at their strategy and accomplishments! By the way, Jake ...

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GOOD VERSUS BIG, BAD and UGLY DEBT!

Last week I wrote about debt. Majority of people during their journey to wealth will use and manage debt. But some debt is simply BIG, BAD and UGLY. Too many Americans are deeply in debt, and taking no steps to come out. MY INTRODUCTION TO CREDIT CARD DEBT After college, the easiest credit card to obtain was Sears. I needed to build my credit, so I applied and received the Sears Credit ...

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The Three Little Pigs Are BROKE!

As a child, I loved the story of the three little pigs.  But just imagine if the Three Little Pigs had a debt problem.  To be fair, sometimes we have no choice but to acquire debt: medical emergencies, loss of a job, school loans, etc.  But we must avoid choosing debt to fulfill “wants”.  If there is no emergency, and you simply have a “want”- pause for a few days ...

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It’s Ok To Be Stupid – Just Not Consistently!

How many truly stupid people do you know who are rich? The objective today is to avoid being consistently stupid. Stupid happens every day and it happens to the best of us. But you can learn from others and from me to avoid making stupid investments. You are on your own in other matters. My definition of stupid: - Making decisions that appear to lack common sense. I cannot count the ...

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