The act of planning for your financial future is all about making tradeoffs. It’s essentially a question of dealing with the constant tension between living for today and saving for some future event. [Read more...]

I know that this is not a new idea, for we have all heard the story of the tortoise and the hare since we were little. Slow and steady always wins the race. [Read more...]

One of the biggest mistakes we make is confusing investing with entertainment. Somewhere along the line, investing became America’s favorite spectator sport. [Read more...]

Investor behavior matters a lot. In fact, it probably matters more than skill. To understand why this is true, first you need to understand one fundamental concept: Investment returns and investor returns are almost always different. [Read more...]

Most everyone needs financial advice. The big question is how much. There are tens of thousands of advisers out there, with varying levels of expertise, who charge varying fees for their services. And professional advice doesn’t guarantee good returns. [Read more...]