Your Emergency Fund: How Much Is Enough?
Bad things happen to the best of us, and sometimes it seems like they come in waves. That's when an emergency cash fund can come in handy.
The Anatomy of an Index
Did you know that an estimated $13.5 trillion in assets are indexed or benchmarked to the Standard & Poor's 500 Composite Index, including $5.4 trillion in index assets?
A Taxing Story: Capital Gains and Losses
Chris Rock once remarked, "You don't pay taxes – they take taxes." That applies not only to income but also to capital gains. Capital gains result when an individual sells an investment for an amount greater than their purchase price.
Money Missteps: Beneficiary Blunders, Part 1
“I’ll name one of my children because I know they will split it equally among my other kids.” While this sounds simple and harmless, there are a few very important reasons as to why this is probably not a good idea.
Money Missteps: Mistakes Happen
While we can generally recover from a single financial mistake, if we continue to make mistakes and compound the problems those mistakes make, they can soon become very serious issues that are extremely difficult to correct.
A Cure For Financial Stress
I have come to learn that generally it is not the money that causes the stress, it is the unknown consequences of having too little or too much that causes the stress.