Conventional wisdom is that your choice between a traditional pre-tax retirement account and an after-tax Roth is irrelevant as long as your tax rate never changes. As a reminder, both a traditional IRA and Roth IRA are tax-deferred retirement … [Read more...] about The Roth IRA Advantage
Fake News (Finance Edition)
The purpose of fake news is not to change the mind of the audience, but rather reinforce the beliefs which the audience already has. Today, when we hear the term "fake news" we think of politics, but fake news is also very rampant in … [Read more...] about Fake News (Finance Edition)
Interest Rate Math
I can't imagine how many people deleted the email after seeing the title of this article. Thanks for making it this far. The Federal Reserve has now raised interest rates 7 times in the past 19 months, with a couple more rate increases predicted … [Read more...] about Interest Rate Math
Strategy Versus Outcome
The Seahawks had the ball on the 2 yard line with 26 seconds left in Super Bowl XLIX. In their backfield was one of the greatest running backs to ever play the game, Marshawn Lynch. Everyone knew the ball was going to him......except it didn't. A … [Read more...] about Strategy Versus Outcome
The Knowledge of London
"A little learning is a dangerous thing; drink deep, or taste not the Pierian Spring: there shallow draughts intoxicate the brain, and drinking largely sobers us again." -Alexander Pope London has one of the most complex city grids in the world. A … [Read more...] about The Knowledge of London
Is This The Best Time Ever to be an Investor?
Source: The Behavior Gap by Carl Richards The last few years I have read from different sources that this is the best time in history to be an investor. Investment expenses have dropped precipitously for several decades now. The choices at our … [Read more...] about Is This The Best Time Ever to be an Investor?