Warren Buffett once said the key to successful investing is to avoid making major mistakes. Kinda. He actually said “don’t lose money,” but I think my paraphrase is more useful. You …
Warren Buffett once said the key to successful investing is to avoid making major mistakes. Kinda. He actually said “don’t lose money,” but I think my paraphrase is more useful. You …
It’s difficult to get into an “active vs passive investing” discussion on the internet without somebody throwing out the “yeah, but if everybody indexed it would stop working&r…
Ed: First of all, it should be noted this title is only half sarcastic. Have you seen some of the stuff rich people feed their pets? We should be so lucky. Regular readers of this blog already know th…
Current conventional wisdom holds that interest rates are at unsustainably low levels and have nowhere to go but up. Neverminding the fact that people have been saying this for several years now, they…
Last week’s post about the quality of Dave Ramsey’s investment advice got a lot of attention. Today, I’d like to focus one just one of the claims Ramsey made in the March 11, 2013 ep…
You’ve no doubt heard of Dave Ramsey, the popular get-out-of-debt guru. Those of you who pay attention to such things have probably heard the following about him: his advice for getting out of d…
I’m going to start off this post with what seems to me an obvious given: the retirement system in this country is broken. Social security is all well and good, but the do-it-yourself retirement …
Target Date Funds catch a lot of flak these days. They were originally designed as an easy, one-stop solution for people who didn’t have any interest in managing their own money (or hiring someb…
It happens every time the Dow comes close to a new all-time high (why people pay attention to the Dow instead of a more suitable index, I’ll never know): nervous investors flood internet forums …
Vanguard announced, well over a year ago, a new Total International Bond Index fund (read my take on their suitability). Well, they finally go around to giving us a few concrete data points as well as…
The hallowed emergency fund is among the sacred cows of personal finance. Practically everybody preaches its importance and few dare to question its necessity. I personally have a moderately-sized eme…
Most articles I’ve seen on the web giving out group interview tips say things like “dress professionally” and “don’t be racist.” Duh. While it’s good to know …
2012 was a mixed bag in terms of goal-meeting. On the one hand, I easily met all my personal financial goals. On the other hand, I didn’t meet any of my major business goals. Part of that was du…
First off, it’s not a very good sign that I half-forgot I had even published my goals publicly until a few days ago. But when I dug up the post, it turns out I didn’t actually do all that …
Diversification is the name of the game in personal finance. For a long while, diversification meant a US stock fund paired with a US Bond fund. Then, when international investing became en vogue in t…
Assuming you’ve decided small/value tilting is for you (I won’t discuss whether or not you should here. Check out my previous article on the subject), how exactly do you go about implement…
The bond barbell strategy is a variation on the bond ladder strategy particularly well-suited for rising interest rate environment. The most common complaint leveled against bond funds, especially lon…
Everybody loves a good debate. Open debate is as American as baseball and apple pie, right? Wrong. People don’t like to debate, they like to argue, which is completely different. Oh, argumentati…
Bonds are essential tools in any investor’s portfolio toolbox, but as with everything there are trade-offs. A few of the characteristics that make owning them so advantageous, such as a steady, …
These types of “should you invest in x instead of bonds for income since interest rates are so low” posts have been popping up all over the internet recently. With current treasury yields …