I’m often asked about the benefits of tax loss harvesting and how this strategy can be used advantageously. In some circumstances it makes sense, however, I think this strategy is oversold. Let’s define these terms and take a deeper look. Tax Loss Harvesting Tax Loss Harvesting is a practice that can be executed throughout the ... Read More.
As of June 2020, I am no longer creating new content. Some details may change from year to year, but my approach takes a long view. It is my hope that the concepts and philosophy in the archives prove timeless and helpful.
Historical Perspective on Market Volatility
I am being inundated with new headlines about market declines and volatility. The last time I wrote about this topic was in 2016. Since that time, the S&P has increased by almost 50% even factoring in the bear market losses we have seen this year. During the last six years, we have experienced declines of ... Read More.
Covid-19: Personal Financial Strategies
In light of the Covid-19 crisis, I’ve created a list of things to consider when it comes to your personal finances. This is not an exhaustive list and resources, circumstances and strategy seem to be changing almost daily. Regardless, I hope this will give you practical and actionable ideas to help you during these unpredictable times. ... Read More.
Maximizing the Happiness of Every Dollar
What if every dollar you made was put to work with the goal of maximizing your happiness? What would that look like? It’s honestly hard to imagine. In our consumer-driven culture, we’re constantly inundated with ideas about things that should make us happy — a bigger house, a nicer car, the newest gadgets — and ... Read More.
Budgeting App Showdown: Mint vs. You Need a Budget
Most of us have tried and failed to stick to a monthly budget at least once in our lives, and many of us have come to have a strong dislike for the word “budget” as a result. But we all have important financial goals that we want to achieve, and one way or another we ... Read More.
Should You Pay Down Debt or Save for Retirement?
One of the questions I’m asked quite often, is whether it’s better to pay down debt or save for retirement. The answer, as is almost always the case in personal finance, is that it depends. Both are smart moves and the right decision depends on the specifics of your situation, the goals you’re trying to ... Read More.