I read once that something like 94 percent of all mutual fund managers under-perform the stock market. That figure seems to fluctuate a bit depending on whom you’re talking to. One thing seems to stay consistent with the percentage though – the implication that active investing is damn hard. It is. There’s a lot that [...]
Why Productive People Never Really Retire
There are many people in this world who are obsessed with retirement. They’ve gone so far as to make plans for it. That school of thought goes something like this: …when I turn 65 (or 70), I want to stop working so that I can relax or do what I really want to do for [...]
→ 1 CommentTags:making money·money·retire·retirement·retirement savings·savings
Should You Change Auto Insurance Carriers To Save A Few Bucks?
There’s a dark side to switching insurance companies. New paperwork, new premium payments, new automatic (ACH) withdrawals. Is any of it worth the hassle? Sometimes. Sometimes not. A few years ago, I found myself engaged in a conversation with someone about insurance. Yes. Insurance. People normally don’t yammer on about car insurance but this person [...]
→ No CommentsTags:auto insurance·health insurance·insurance·life insurance·saving money
Universal Health Care Does Not Work
I’m not sure why the calls for universal health care are getting louder and louder in the face of facts which clearly show that socialized systems that are already in place around the world just do not work. Socialized medicine violates the rights of individuals to make choices about their health care. Government intervention into [...]
Financial Planning 101
Financial planning is both necessary and practical for every single person alive today. I’d say that it is something that no one – at least in a civilized and developed society – can ignore. People do often discount its importance or try to completely evade the issue altogether…to their own detriment. One trend that I [...]
→ No CommentsTags:financial plan·financial planning·retirement planning