New year’s resolution may be too late

Like all new year’s resolutions, the sooner we change, the more we benefit. And much like our health, the consequences of poor financial decisions can take years to appear. Fortunately, it is possible to restore our financial health later in life.

Just like exercise, but different

But just like exercise, the longer you delay saving, the harder [...]

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Uncommon Financial Sense

Have you ever heard the phrase “financial sense”?

While the phrase may sound awkward at first, possessing a head full of financial sense is just as important as common sense. Understanding how to save, spend, and invest is essential for financial success. Unfortunately, financial sense is not always the same thing as common sense.

Due to this [...]

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Step 4 - Own everything

If we can’t beat the market, what’s left? Well, we can cross our fingers, selecting individual stocks and fund managers in hopes that we’re making the right decision.

Or we can approximate the market’s returns by owning everything. There are several benefits to this approach:

You’ll beat approximately 85% of managed funds When the market goes up, you [...]

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Step 3 - Minimize expenses

Most investors skip this step and billions are made thanks to their oversight.

Investors spend countless hours trying to find an angle to give their investments a boost. This hope persists because the financial industry invests millions spreading the myth that you can beat the market.

Unfortunately, beating the market is highly unlikely, especially over the long [...]

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