If you haven’t read the book The Millionaire Next Door, this is an absolute must to put on your reading list. The bestselling book identifies several common traits that show up many times over among those people who have accumulated wealth. … Read more
10 Secrets of Millionaires That Might Surprise You
1. Job Stability. Contrary to popular belief, there are many millionaires out there that weren’t handed a trust fund, nor did they make a million dollars overnight during the internet boom. They are people who stayed with one employer for a very… Read more
7 Things to Put on Your Year-End Financial Checklist
1. Sit Down for a 30-Minute Family Report Card Something that I often suggest is to do a “30-minute family report card.” During this time, you can assess your current financial situation and review the past year. Did you meet your… Read more
Financial success requires daily discipline and consistency
Have you ever made the decision that it was time to get into better shape? If so, you know what that entails. On a consistent basis you need to exercise, eat right, get enough sleep, and drink enough water. You… Read more
8 Financial Laws of Happiness
As a financial planner, I meet with soon-to-be retirees all of the time that want to meaningfully understand how they can get on the road to happiness in retirement. These people are often surprised when I talk about things that… Read more
4 Steps To Take If You Are Forced Into Early Retirement
Every year, there are many retirees that are forced into an early retirement. In fact, according to the Employee Benefit Research Institute, almost half of retirees enter retirement earlier than they planned. Of those early retirees, only a quarter of… Read more
7 Simple Ways to Increase Your Net Worth
When it comes to our finances, there are lot of different numbers that we’re all concerned about. We are oftentimes looking at the numbers in our checking account, savings account, various retirement accounts, and investing and trading accounts. All of… Read more
Best Mutual Funds for Kids
The best mutual funds for children are not unlike the best funds types for any other beginning investor. The basic idea is to find a smart place to start and to select the funds based upon the child’s investment objective,… Read more
ways to retain clients
A 2% increase in client retention has the same effect as decreasing costs by 10%. While most IFAs grow their business by acquiring new clients, retaining existing clients is also equally important to achieve sustainable growth in advisory business. In… Read more
How to build a portfolio of mutual fund
Building a portfolio of mutual funds is similar to building a house: There are many different kinds of strategies, designs, tools and building materials; but each structure shares some basic features. To build the best portfolio of mutual fundsyou must… Read more