I read once that something like 94 percent of all mutual fund managers under-perform the stock market. That figure seems to fluctuate a bit depending on whom you’re talking to. One thing seems to stay consistent with the percentage though – the implication that active investing is damn hard. It is. There’s a lot that [...]
Entries Tagged as 'Philosophy In Financial Planning'
Investing With An Ace Up Your Sleeve
April 14th, 2012 · No Comments · Insurance & Savings, Philosophy In Financial Planning
Why Productive People Never Really Retire
February 26th, 2012 · 1 Comment · Philosophy In Financial Planning, Psychology In Financial Planning
There are many people in this world who are obsessed with retirement. They’ve gone so far as to make plans for it. That school of thought goes something like this: …when I turn 65 (or 70), I want to stop working so that I can relax or do what I really want to do for [...]
Should You Change Auto Insurance Carriers To Save A Few Bucks?
January 19th, 2012 · No Comments · Budgeting & Money Management, Insurance & Savings, Philosophy In Financial Planning
There’s a dark side to switching insurance companies. New paperwork, new premium payments, new automatic (ACH) withdrawals. Is any of it worth the hassle? Sometimes. Sometimes not. A few years ago, I found myself engaged in a conversation with someone about insurance. Yes. Insurance. People normally don’t yammer on about car insurance but this person [...]
Universal Health Care Does Not Work
January 13th, 2012 · 2 Comments · Current Events, Insurance & Savings, Philosophy In Financial Planning
I’m not sure why the calls for universal health care are getting louder and louder in the face of facts which clearly show that socialized systems that are already in place around the world just do not work. Socialized medicine violates the rights of individuals to make choices about their health care. Government intervention into [...]
Financial Planning 101
January 13th, 2012 · No Comments · Philosophy In Financial Planning
Financial planning is both necessary and practical for every single person alive today. I’d say that it is something that no one – at least in a civilized and developed society – can ignore. People do often discount its importance or try to completely evade the issue altogether…to their own detriment. One trend that I [...]