“Buy on the dips” is a good strategy only because of the first word.
We recommend that you fund your Health Savings Account (HSA) to the maximum limit each year and that you keep funding it to the maximum as long as you can no matter how much money you have in the account.
This 2008 article reminds us that anyone who spends more than 4% of their rebate will actually lose ground saving toward their retirement.
A gone fishing portfolio is a portfolio of just a few stocks which should weather the ups and downs of the market fairly well while only rebalancing twice a year.
This gone fishing portfolio is our default portfolio which can be used at any custodian.
We recommend this gone fishing portfolio for accounts hosted at Vanguard.
We recommend this gone fishing portfolio for accounts hosted at Charles Schwab.
We recommend this gone fishing portfolio for accounts hosted at Fidelity.
We recommend this gone fishing portfolio for accounts hosted at eTrade.
We recommend this gone fishing portfolio for accounts hosted at TD Ameritrade.
Gil Weinriech, Senior Editor for Seeking Alpha, wrote recently about investors whose personalities tempt them to stay on the sidelines of investing at times.
Although the NPR commentators suggest that the corporate heart is growing fonder of government, feeling wistful, and longing for government bureaucracy, nothing could be further from the truth.
Market corrections are so common as to be largely ignored by long term investors.
Schwab’s presentation is designed to show a real time accounting of your portfolio’s value. It is not designed to report on your portfolio’s performance.
On Tuesday, January 8, 2019, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss financial resolutions for the 2019 new year.
Regardless of your assumptions about future market returns, the impoverishment to families with credit card debt is massive.
“We have simply not been able to serve those who really need us the most.”
To make the strategy of jumping in and out of the markets successful would require a precision only achieved by luck.
For all of these reasons, our recommended investment strategy does not focus on dividend-paying stocks.
Brokers tell investors they’re trusted advisors, and then tell the courts they’re just sales people.
“My greatest regret is not being able to convince as many investors as possible of the difference between real risk and phantom risk.”
Punishing people for inflation is neither fair nor good economic policy.
Much can be learned from your earliest money memories. Here are some of mine.
On Tuesday, November 13, 2018, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss several tax saving ideas you can do before the year ends.
The dark side argues that without commission-based sales people, low and middle income consumers will not have access to a financial advisor. They are wrong.
In addition to all of the other reasons people hate annuities, seemingly fraudulent advertising and sales techniques is a major factor.
These are two simple but effective strategies to help calculate a very good conversion target for this year.
Any investment manager can use the Institutional Intelligent Portfolio technology to implement extremely different investment philosophies.
Ten years after our original article we review how sage the advice was.
Stock buyback programs are a method of returning profits to shareholders without causing a taxable event.
We have a limited amount of willpower. It is a waste to have to expend it to ignore advertising.
The average holding period for a stock is not simply the inverse of liquidity.
Since only a small portion of stock is traded each day, a large majority of shareholders prioritize the long term appreciation of the value of the company.
Run, do not walk, away from outrageous claims.
Excellence and low cost can go together.
If the TSA were abolished, that would not mean that airports would be any less secure.
The regulation is an attempt to protect participants who don’t understand the rules set up by the government.
This is called “regulatory capture” and is quite common in government regulatory agencies such as the SEC.
Any movement out of the stock market can cause you to miss future market appreciation.
A little bit of work upfront can save a great deal of nuisance later.
This 2007 post offers us a bit of timeless advice. Funding a Health Savings Account can be as much about your present medical bills as it is about your end of life care.
Ameriprise was fined $4.5 million for failing to appropriately supervise representatives who were stealing client funds.
Are you consenting to harmful conduct by your financial advisor?
Thank you, Robert, for your email and your readership. I hope that everyone enjoys our new “Do-It-Yourself” service level.
That the program failed is not a surprise. That the government decided to close a failed program, however, is.
There are as many as 60 different stock markets around the world.
There are always those who discount the power of having a diversified portfolio in favor of putting everything in whatever is going to go up the most.
These are complex formulas, but they are valuable calculations that show that there is an expected increase of return which will justify selling even a highly appreciated asset.
Who would ever want unplanned and unintentional financial advice?
For a currency intended to make money simple and easy, IRS regulations make it a nightmare of compliance issues.