Being wealthy doesn't mean having all the money in the world, just not having to worry about it.

What’s the Best Global Allocation?

Question: About ten years ago, you recommended the following asset allocation: 40% US Total Stock Market Index Fund 30% European Stock Index Fund 20% Pacific Index Fund 10% Emerging Markets Index Fund I see the 10-year average return for the Pacific fund is somewhat below the others. Do you still recommend this asset allocation? Answer: Read more »

Do You Recommend Using a Credit Card to Pay Regular Monthly Bills Rather than a Bank’s Bill-Pay System?

Question: Do you recommend using a credit card to pay regular monthly bills rather than using a bank’s bill pay system? Answer: For people who always, without exception, pay their entire credit card bill each month, the benefits of airline miles, hotel points, and other perks can be substantial. For people who are inclined to Read more »