March 28, 2012

Book Review – The Behavior Gap

The Behavior Gap – Simple Ways to Stop Doing Dumb Things with Money, by Carl Richards

About 5 years ago, I was researching an investment topic and ran across a great article written by a fellow financial planner named Carl Richards. His article explained why there is a difference between investment returns and investor returns. This

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March 22, 2012

Flying Solo

Living the single is life no longer an anomaly. According to the U.S. Census Bureau, 45 percent of households nationwide are maintained by a single person. Being single (and thus, living on a single income) affects many areas of your life when it comes to financial planning, including parenthood,  insurance and retirement.

Review your

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March 13, 2012

Is Investing in Your Genes?

Whether you’re a safe, conservative investor or a fast-trading stock-swapper, genes may actually play a role in some of your decisions, according to new research from business professors Stephan Siegel and Henrik Cronqvist .

Individuals frequently exhibit investment biases, such as not diversifying enough, being reluctant to sell stocks that have lost money or simply

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March 6, 2012

12 Financial Planning Steps for 12 months in 2012: March

In March, resolve to talk to your children or grandchildren about the importance of saving and investing.

Some experts recommend teaching children about the differences in coins as early as age 3 or 4, giving them a piggy bank by the time they’re 5, opening a savings account by age 9, and

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February 28, 2012

The Trouble with Debt Consolidation Loans

For cash-strapped consumers, debt consolidation loans might seem like a quick fix to solve their money woes. Yet, new research supported by the National Endowment for Financial Education (NEFE)  reveals ads for these loans do not give consumers a full picture of the total costs. Furthermore, these loans may cause consumers to make their

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