If you have ever wished for a robot to do the dishes or pack school lunches in the morning, you are going to like the concept of Robo-investing.  Even though Robo-advisors are not new to the market (the first one was launched in 2008), very few people understand how robos work and the benefits of […]

If you are one of 9.6 million self-employed Americans, you have four great options to save for retirement:  an IRA, a solo 401(k), a SEP IRA, and a SIMPLE IRA.  If all this sounds like gibberish to you right now, don’t worry.  This post will go over everything you need to know to pick the […]

It’s summertime, and my boys are just like most kids – all they want to do is play sports or splash in the pool.  However, I know they are happy to sit down with me and pay close attention for 10 minutes a month, even in the heat of the summer.  It’s when we go […]

Teaching kids about money and investing from a young age is one of the best things parents can do.  Think about it.  Time is a key ingredient to investment success because you let the magic of compound interest do its work and build wealth for you. Kids have time!  Warren Buffett says that the biggest […]

Let’s talk about cleansing. Not the type where you drink kale juice for three days and walk around grumpy. I’m talking about a unique benefit of investing in index funds – its ability to self-cleanse. What is an index Let me explain.  An index fund tracks the performance of a specific index.  An index measures […]

Let’s talk about the most important decision you are going to make as an investor – choosing your asset allocation. Your investing journey should start with identifying your goals, investment horizon, and level of risk you can tolerate and still sleep well at night. The next step is deciding on your asset allocation.  Think of […]

I have a confession to make. I’ve been a longtime skeptic of cryptocurrencies, Bitcoin in particular.  I had no idea what it was, and I did not want to be bothered to dig deeper.  I told myself that I would follow Warren Buffett’s approach – I will not invest in what I don’t understand. But […]

Having a long-term financial plan and sticking to it is an essential part of investment success.  However, a completely “set it and forget it” approach to investing is not safe. It pays to revisit your portfolio at least once a year and check if your current asset mix is on target.  If it is off […]

We have all heard of compounding, but let’s break it down to bare basics because compounding is one of the most important concepts to understand when managing your finances. I love this quote by Albert Einstein – “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, […]