There’s something crazy about investing in stocks. I used to trade mining and other resource stocks many years ago. It’s a tough industry because those companies are like “burning matches.” You have to buy startups with the potential to be bought out by major oil and gas producers and… lots of startups fail so… you […]
Archives for August 2018
The only STD that’s safe to pass around
I have an important “Save The Date” (STD) you need to know about, and that date is… TODAY. I’ve been working on a semi-secret project for the last several months. Turns out, people really do want to know how life insurance works and how it can help them pay off debts, make their investment plan […]
The only people who think whole life insurance is a good idea are the ones selling it
There is a common misconception among random financial bloggers, quite a large number of professionals, and most amateur investors (and people trying to scrape together enough savings for their future) that the only people recommending life insurance are the ones selling (and presumably making money from) it. There are a couple of issues with a […]
The risk with 401(k)s no one likes to talk about
Was reading some interesting stats the other day. According to the DOL, there are, like, 650,000 retirement accounts in the U.S…. 80% of which are 401(k) plans. When these plans were audited by the Employee Benefits Security Administration (EBSA) (which is the regulatory body that enforces the Employee Retirement Income Security Act which governs retirement […]
Terrible tips for saving money
This is an undeniable fact: When it comes to building a successful business… or just saving a little extra coin for next year’s vacation… it all comes down to money management. Sales… marketing… these things are very important. You can’t have a business without marketing. But you can actually end up worse than if you […]