When you are buying a car, there is a sticker price on the windshield, and there is the “real” price, the one that includes the
Most financial advice reflects a cautious, balanced perspective. You’ll hear statements like: Don’t put all your eggs in one basket. Diversify. Borrow, but don’t take
Almost every discussion about preparing a will, trust or other estate planning documentation begins with “I know I/we should do this, but…” followed by some
A fundamental purpose of life insurance is to replace an individual’s economic value should they die earlier than anticipated. Considering that the ability to earn
When the 401(k) was introduced a little over three decades ago, it was intended to supplement monthly checks from Social Security and employer-sponsored pension plans.
(Courtesy of Elozor Preil) As much as we might want to believe there is a magic formula for personal finance which simply requires plugging in
Remember this term: Horizontal Apartments. That’s what some real estate developers are calling clusters of single-family homes in rental communities that combine the privacy of
Ever have this experience trying on new clothes? The “fashion consultant” raves over each new garment, saying things like: “Ooh, I can’t believe how good
Imitation may be the sincerest form of flattery and often a template for those who aspire to achieve the same status. If you want to
The essential function in all successful personal finance programs is saving. But while it is essential, saving alone may not be enough. The following article
In May 1961, President Kennedy announced an initiative to safely land an American on the moon before the end of the decade, and before the
The random returns from non-guaranteed investments can be compared to playing cards drawn from a shuffled deck. You know that a regular deck of playing
