The Illusion of Control

I was in the bookstore the other day flipping through Why We Want You to be Rich: Two Men – One Message, a book by Donald Trump and Robert Kiyosaki. In the book, Kiyosak’s major theme (he and The Donald write separate sections) is control. Basically, real estate moguls and business owners have control, while […]

What Job (not Steve, think the Bible) Can Teach Us About Fear & Money

I love the story of Job. The book of Job is considered by many to be the oldest book in the Bible. It is the story of a man who lost his family, his health, and his wealth, but not his faith. It is the story of man who had wealth, but managed to avoid […]

Teaching Kids about Money in Chi-Chi Castenango, Guatemala

Hello, from Guatemala! My family and I have been traveling through Guatemala for the past week and have several more days to go. One town we visited was Chi-Chi Castenango, which is a wonderful town with lots of street shopping. This gave my kids a great opportunity to learn about money and bargaining. They had […]

REIT–Real Estate Investment Trusts

REITs are an important asset class for a diversified portfolio of mutual fund investments. A REIT (Real Estate Investment Trust), as the name suggests, invests in real estate. This article will describe these investments, why they are an important consideration as you build your portfolio of investments, and some of the REIT mutual funds and […]

10 Surefire Ways to Retire Broke

If your goal is to reach 65 broke, with no way to retire, then this article is for you. Here are 10 surefire ways to retire broke: Don’t invest until you can afford to: The last thing you want to do is invest in risky stocks and bonds before you’re debt-free. Wait until you can […]

Don’t Judge A Mutual Fund By Its Name

So you’ve designed the perfect asset allocation. You’ve carefully chosen each of your mutual funds. And you religiously invest in each fund to build your wealth, one dollar at a time. The problem is, the mutual fund that describes itself as a “Small Cap Value” fund turns out to be a mid cap blend fund. […]