Question: Because I was the beneficiary of my husband’s life insurance policies, I find myself sitting on a bit of cash that I need to be prudent with. I am in my mid forties and work a part time job which means my annual income is negligible. My financial advisor is nudging me toward putting about Read more »
Has Your Position Changed on Balanced Portfolio?
Question: Several years ago, probably more years than I care to think about, you presented your thoughts on a balanced portfolio that included commodities. The commodities part was not an insignificant percentage, maybe 20%. I jumped right in at that time. At first the commodity part did very well. Here lately, of course, not so well. Read more »
Seven Steps to Financial Peace of Mind
Before addressing specialized areas, I’d like to offer my thoughts on basic financial advice for do-it-yourselfers: Spend less than you earn Be an owner, not a loaner Commit to your service Locate yourself Adopt pay-as-you-go Protect against major threats Focus on relationships 1. Spend less than you earn. You want your life to point up rather Read more »