Posts Tagged ‘Investor Identity’
Ted Benna: Reflections from the “Father of the 401(k)” – TMA 032
If you listen to the “financial experts” on tv or the radio, you will hear the typical blanket advice that you should put money into a 401(k). But the question is, does that advice apply to everybody? To get as much of an insider’s perspective as we could find, we interviewed Ted Benna, “inventor” of…
Read MoreThe Family Office Model: Investing Like the Wealthy, with Richard C. Wilson – TMA 022
There’s a divergence between the investing strategies of the status quo and those of the ultra-successful. The ultra-wealthy leverage a family office model so they can focus their efforts on what they do best. Viewing wealth as a team sport allows you to stay focused and do what you love. Most people use common…
Read MoreDiversification Is Ignorance Protection
Diversification is typical financial planning advice that average investors use to protect themselves from losses. Simply put, diversification is ignorance protection. It is admitting that you don’t know what you are doing. It is common to think of investing and the stock market as one and the same. However, investing encompasses much more than just the stock…
Read MoreSaving vs. Investing: What Is Investing? Part 2 – How to Find Your Best Investments – TMA 021
In a sea of investment choices, it can be overwhelming to determine which are the best investments for you. But don’t let overwhelm keep you in the dark, procrastinating, making mediocre decisions, losing money, and perpetually frustrated. The first step to confident investing is having a clear picture of exactly what you want and WHY. …
Read MoreSave Automatically & Invest Intentionally
Often when we put money automatically into retirement plans, things like 401ks, 403bs, this is usually through a payroll deduction from an employer. This is commonly referred to as ‘saving for retirement.’ However, this is investing because that money is often at risk in the stock market, and can lose value. It’s time to save…
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