Blog

Don’t put all your eggs in one basket. I have no idea where that idiom originated from but it is perhaps the best and simplest way to describe diversification. Instinctively investors know they should diversify their portfolio and most do this. Having looked at hundreds, if not thousands, of portfolios, I can tell you that diversification amounts to more than just owning multiple funds. A common mistake that investors make when trying to diversify their IRA or 401k is that they, inadvertently, create a portfolio that has the illusion of diversification. Let me explain.

"It was not even three weeks ago that I wrote and sent our last communication about the “Coronavirus Chaos” correction. That piece was easy to write. This one was not. Not because I am at a loss for words, but because there is too much information that I want to convey. With that being said, I had to narrow this down to a handful of key topics: What you are feeling right now is normal, Bear markets are not especially rare. Why you should not “bail out”, Timelines of previous Bear/Bull Markets."

The recent news from Charles Schwab, TD Ameritrade, and E-Trade that they will be reducing commissions on Exchange Traded Funds (ETFs) and Stocks to $0 is huge news. The road to $0 commissions (transaction fees) has been a long time coming. From the birth and proliferation of the discount broker in the 90s, transaction costs have been shrinking.

"It’s no secret that student loan debt is a major problem in this country. Many individuals in the generation that is now having babies and raising children are still paying down student loan debt. As a result, parents and grandparents are thinking more proactively about saving and planning for college expenses. Here are my favorite three strategies to save for college expenses."