How to teach your kids about money.
I’ll never forgot my daughter’s response when I told her we weren’t going to be buying a $399 Cinderella Castle Lego Set: “But daddy, we’ll
Following the market is bad for your (returns)
Scott does a great job here summing up why individual investors are much better served going on "auto-pilot" than they are taking an active role in their investments. Logging in every day, getting emotionally involved with the fluctuations, turning on CNBC, etc - these all lead an investor down a path of worry & fear. I think Yoda put it best: “Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering.”
[UPDATED] Year End Tax Planning Ideas
As we draw closer to the end of 2017, the proposed tax-reform legislation is taking more of a defined shape and looming larger. Both the House & Senate have passed their own versions of the bill and now they must come together to merge the two into a consolidated package which can pass both chambers. Both bills presented plenty of widely-anticipated changes as well as a few surprises. Because of the likelihood for lower rates and fewer deductions in 2018, it’s a great idea