Einstein referred to the law of compound interest as the 8th wonder of the world. It truly is a remarkable thing. You’d think, as someone who works in the investment world, it would become an ordinary subject for me, but I get fired up every time I think about it. I’m [...]
Over this past weekend, whenever I heard anyone in the media talk about Labor Day, it was consistently described as a day to celebrate the fact that you don’t have to go to work. It was almost portrayed as a one-day reprieve from the grueling punishment that is your job. [...]
Recently, I took a day off from work and decided to catch up on some daytime TV. It was interesting to me how different the commercials are during the day, and how targeted they are to stay-at-home moms, the unemployed, and seniors. Of particular note to me was how much [...]
Trying to stay fit might be hazardous to one’s health! In late March, trying to perform exercises directed by my trainer, I suffered a complete thickness tear of my left supraspinatus tendon. That is the shoulder muscle that allows us to raise our arms out to the side. The experts [...]
If you’ve read my columns before you have probably figured out that I am frugal with my money…no, not frugal, cheap. I come from a long line of bargain hunters that wear the title of cheapskate like a badge of honor. In fact, I couldn’t tell you the last time [...]
Last week I explored the topic of whether paying for your child or grandchild’s education was the right thing to do. This week let’s look at some of the better ways to help fund these soaring education costs. As you are probably aware, education costs are not only rising for [...]
As a child you knew that after Independence Day school was going to come faster than you wished. As a parent, you are probably ecstatic for your kids to get back into a full routine. Back to school season makes for a great time to talk about ways in which [...]
Over the weekend I saw a report related to the late Anthony Bourdain’s estate only being worth $1.2 million at the time of his death. Assuming that the former celebrity chef and TV personality’s estate would have been worth much more, I decided to look into the matter further. What [...]
A recent study conducted by TD Ameritrade revealed some very interesting insights into how the millennial generation views money, and possessions. In the limited amount of space I’m given for this column, I won’t be able to go into all of them. However, I felt a couple of takeaways from [...]
Money management will always produce better results if you have a wise plan for it. Today we are going to focus on uses of money. Where do we have opportunities to be wise about those uses? A few weeks ago, I suggested you think about your basic beliefs and attitudes [...]
