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)
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?
What to Remember When Markets Fall
"Don't do something, just stand there!" -John Bogle This happens often. The average intra-year decline of the S&P 500 is 13.8% per year. 2017 was an exception with the largest top to bottom drop being only 3% [1]. There have been 152 declines … [Read more...] about What to Remember When Markets Fall
