Archive for June, 2014

Don’t Plan to Work in Retirement Unless You Have To

Filed in Living by on June 26, 2014 2 Comments
Don’t Plan to Work in Retirement Unless You Have To

Some people will have no choice but to work in their later years for financial reasons. They either don’t have a pension or haven’t saved enough. This is understandable. However, I have often heard people who are well-prepared financially for retirement say they plan to find a part-time job after they retire. The reasoning is […]

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The 10 Things Many Parents Fail to Teach Their Children

Filed in Living by on June 19, 2014 3 Comments
The 10 Things Many Parents Fail to Teach Their Children

I take issue with the seemingly single-minded focus on self-esteem that has been propagated in our popular culture to parents over the last couple of decades. It is touted as the greatest gift we can impart to our children. What has become of basic values? Aren’t these as important, or more important, than simply feeling […]

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The Biggest Myth About Successful People

Filed in Living by on June 12, 2014 3 Comments
The Biggest Myth About Successful People

There are a lot of misconceptions about what it takes to be successful. One myth is that successful people are always those who have the highest IQ. In fact, many successful people are not particularly “book smart,” but instead either have great people skills, outstanding creative abilities, an entrepreneurial spirit, or are just extremely hard […]

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What Happens If My Mutual Fund Company Goes Broke?

Filed in Money by on June 5, 2014 0 Comments
What Happens If My Mutual Fund Company Goes Broke?

Some of the people I assist with financial planning have been astute enough to ask the following question: “So you recommend Vanguard as an excellent mutual fund company to use for my investments. Well, what happens if Vanguard goes bankrupt? Shouldn’t I spread my money around to more than one mutual fund company? You’ve told […]

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