When it comes to managing one’s monthly cashflow, how does a behavioral scientist go about doing it? Today’s article outlines the monthly cashflow optimization system of one behavioral scientist – one that he has refined over many years to “maximize [his] happiness per hour spent thinking about money.” For more – including why he only budgets for “boulders”, why he…
The author of today’s article advises that “when it comes to selecting investments for each part of your portfolio, you can really skinny things down by focusing on investments that provide a lot of diversification in a single shot.” She proceeds to highlight a number of funds that both retirement accumulators and those who are already in retirement could consider…
Stocks? Bonds? Exchange-traded funds? Mutual funds? Annuities? Unit investment trusts? Real estate? Given the wide range of options available when choosing investments for an Individual Retirement Account (today’s article notes you can invest in “almost anything” with an IRA), the critical question is what to select. For some insights on this question, taking into consideration how far you are from…
The author of today’s article describes it as “the one surefire way to retire rich”: harnessing the power of compounding. Or, to be more specific, harnessing the power of compounding using dividend stocks – and amassing a multi-million dollar nest egg in the process. What does the author outline as some of the best strategies in this regard? For more…
“Although dividend stocks are a mainstay of a retirement portfolio, they are not the only stocks you should have,” advises the author of today’s article, who proceeds to highlight three stocks offering income and growth to consider for retirement. For these three stocks, as well as the author’s advice regarding the right amount of portfolio diversification in retirement and his…
Far more retirees are afraid of running out of money before they die than are afraid of dying, at least one survey finds – and the author of today’s article notes that “This ever-present background fear is especially rearing its ugly head right now, given the bear market that to many came out of nowhere.” But is this fear overblown?…
How do you keep your retirement from becoming compromised due to a decline in the stock market close to your retirement? This is the question the author of today’s article gave some thought to after his uncle, who is planning on retiring in 2019, lost around 30% of the value of his portfolio in a matter of weeks thanks to…
It has been 10 years since the housing crash of 2008, the fallout from which decimated the retirement accounts of many – and now one financial security expert is warning that “the danger of another crisis lurks despite assurances to the contrary.” She cautions that “The massive regulatory response to the subprime crisis meant that banks were no longer allowed…
The problem with investing and saving for retirement, according to the author of today’s article? “People are “psychologically ill-equipped” to invest in risk assets, even if they need to do so. They also don’t save very much for retirement, possibly because they don’t think they need to yet or because they can’t afford it.” This is where behavioral finance can…
Despite the volatility associated with the oil industry – and the fact that oil prices have once again crashed into a bear market – the author of today’s article points out that there are still solid picks in this area for conservative investors, including retirees. He proceeds to highlight three blue-chip oil stocks with “attributes that make them high-yield retiree…