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Many financial writers get the answer to this question wrong.

It is important to understand your investment philosophy well enough to know what they aren’t telling you.

A 2007 article that stands the test of time. This is the year you should keep your financial resolutions. Getting help from an objective advisor can provide both a powerful catalyst for action and real peace of mind.

An initial equal weight strategy of these 26 companies implemented on January 1, 2021 and held without further buys or sells through December 31, 2021 had a +8.64% advantage over the foreign healthcare benchmark.

Many people think that Roth IRA contributions can only be from earned income. Those people are only half right.

In this podcast, I discuss my recent article “Account Funding Priorities for 2022” and describe a savings waterfall for 2022. The idea is when new money flows your way, which one of these buckets is it going to land in?

You as the business owner have until the tax-filing deadline to complete both your profit-sharing and elective deferral contributions.

Schwab offers protection by the Securities Investor Protection Corporation (SIPC) and Lloyd’s of London for investment accounts and Federal Deposit Insurance Corporation (FDIC) coverage for deposit accounts.

You can easily view the trades that have been placed in your Schwab account(s) online by following a few simple steps.

Here is a reference chart with 2022 income tax rates, capital gains rates, retirement contribution limits, and more.

This 2014 article reminds us: don’t wait until you “have more” or “make extra money” – start saving now! It is worth more.

Knowledge and emotion can play off each other in ways that cause investing mistakes.

Avoiding PMI, if possible, is better for your long-term finances. Here are three strategies to avoid PMI.

When an HSA is left to a non-spouse, the account stops being an HSA.

We recommend keeping all but the funds needed to pay the annual deductible for your health insurance plan invested in your HSA investment account.

In general, you can use 529 funds to pay for your student’s off-campus housing costs. However, housing is one of many expenses that are subject to a reimbursement limit.

If you are still in your 60s, the good news is your decision doesn’t have to be permanent. You actually have two ways in which you can change your benefit amount.

With the grandparents as the owner rather than the parent, the student may have a better chance of receiving financial aid.

ABLE accounts offer people with disabilities a new opportunity to save and invest for the future.

“If you have been asked to serve as a board member or trustee for a non-profit organization, feeling honored is a natural response but a terrible reason for saying yes to the job. Your role as committee member, board member, or trustee will likely designate you as a fiduciary, a role with specific legal responsibilities.”

When endowment funds fall victim to poor management, the results are as bad as they are far reaching. This 2016 article reviews the six most common pitfalls of endowments and how to avoid them.