It's been some time since I shared my asset allocation. In fact, my last update was just after I retired. Now that I've been retired some time and am getting used to it, I'm looking at my assets with new purposes in mind. Given this plus the fact that one of my 2017 financial resolutions is to review my investments, I thought I could kill two birds with one post. … [Read more...]
Archives for March 2017
You Can Become Wealthy with a Lower Income
In my third millionaire interview, one commenter was a bit put off by the fact that two of the three interviews featured people with incomes of $500k. He was not rude by any means, but wanted to see some alternative interviews: May I then make the request my own… The interview series has been really interesting. It is useful hearing people’s suggestions and their mistakes. I … [Read more...]
Success Hurts
No pain, no gain. I've joked several times with my trainer about the warnings on the workout equipment. On every weight set, treadmill, elliptical, etc. there's a warning about how the piece can hurt you. Ha! I thought they were supposed to help. Anyway, the joke is always around this particular warning that is a common one on the machines: "Stop exercising if you … [Read more...]
Why Don’t They Publish the Net Worths of Financial “Experts”?
In my post Not Experts: Financial Advisors. I had a reader ask (in part) the following: So let me ask you, if you ruled the world, how would you change the system? My answer (in part) was as follows: If I ruled the world the world would be in a lot of trouble! Theoretically, financial advisors would: 1. Not only know what they were talking about intellectually but also be … [Read more...]
