Yearly Archives: 2014

Do you have a Spending Cap with Your Spouse?

I was on my way to celebrate my brother’s promotion within the FDNY to lieutenant when The Wife called me to tell that she bought a bed for our son, but not to worry “she saved a ton.”  It took me a minute to calm down and figure out what was happening.  I originally thought that

Managing Portfolio Risk For Long-Term Investment Success

Portfolio risk management is important for preserving initial capital and earning return with some certainty. However, it comes with mind-numbing complexity, and each decision can involve risk amid a never-ending stream of calculations. Because in the world of investment, it’s bound that a decision or two leave a dent in your portfolio. Add to that the

6 Ways to Increase Personal Wealth at any Age

Whether you earn a little or a lot, there are ways to increase your personal wealth. The truth is, being financially independent isn’t only reserved for the wealthy. You don’t have to be born with a silver spoon or receive the best financial education to grow your net worth. However, you do need to make

What’s the Difference Between Growth and Value Investors?

I was talking to an investment club partner a few months back about different stocks and it occurred to me half way though the conversation that we were attempting to get to the same place (i.e. a profitable investment) but taking two completely different routes.  I forget the particular investment we were talking about but

A Confusing But Common Estate and Life Insurance Decision

I participate in a lot of financial and estate plans, and there is a common distribution technique I never understood.  The worst part, is that it almost always unintentional.  I think most people would would agree that a child who has lost both of his or her parents should not receive money outright, and as such, his