High Advisor Commissions for High-Risk Investments

Financial advisors who charge commissions are two to eight times more likely than those who charge fees to recommend risky investments. This is the finding of a survey done by the North American Securities Administrators Association (NASAA) of 516 financial firms with...

How Much Money Equals Wealth?

How much money do you need to have to be considered rich or wealthy? The best answer is “it depends,” considering your definitions of rich and wealthy. Are they terms defined by one’s net worth, income, or overall wellbeing? Is the context local, national,...

Realities and Risks of Being a Landlord

Watch this video on YouTube In a recent column on ways to share an unneeded stimulus check, I suggested you could consider giving it to someone struggling to pay their rent. Initially, I added, “Doing so will benefit both the renter and the landlord.” Upon...

Scary Bear Market Deja Vu

Watch this video on YouTube It’s hard to believe one month ago the Dow Jones average hit a high of 29,551.42. Since then, we’ve experienced a US stock market meltdown and volatility similar to that of 2008. The Dow plummeted to 23,185.62 as of closing on...

Where Would You Put Your Cash?

Watch this video on YouTube The COVID-19 virus. The drop in the stock market. The presidential elections. Alarmist news reports and “expert” predictions about the economic impacts of each. No wonder investors are feeling fearful. When our brains perceive...

Higher Life Expectancy, Lower IRA Required Distributions

Watch this video on YouTube If you are over 72 and own an IRA, 401(k), 403(b), or TSP, you may be on the receiving end of a gift from the President. In 2018 he issued an Executive Order on “Strengthening Retirement Security in America.” One of the...