Simple Practices that Lead to Wealth
It’s the most treacherous time of the year for stock market investors, the dreaded month of May. This is the time of year when the stock market most often tanks and heads into the summer doldrums.
With 10,000 baby boomers reaching retirement age every day, there is a scramble to grab a share of the largest money transfer in American history.
Just in case you haven’t watched the financial news lately, everyone is up in arms about High Frequency Trading. HFT is employed by financial firms with superfast computers, who can execute stock trades much faster than retail investors.
I read an interesting article over on Main Street.com where they claim half of the financial planners don’t have a financial plan for themselves. So, how are you supposed to trust someone with a plan for your money, when they don’t have a plan for their own? Either they are completely incompetent, they don’t believe it’s that important …
Continue reading “Why You Need a Financial Plan”
The median American household will earn roughly $2.5 million during their working life. Married households will earn roughly $3.8 million. Most people make more or less. Others work longer or retire sooner. The point is, Americans earn millions during their lifetimes and never become millionaires. Don’t let that happen to you. Source: US Census Bureau …
Continue reading “You are Wealthier than you Think”