Asset Allocation for Near and Active Retirees

As you near retirement, your allocation should reflect your shorter investing horizon. In retirement you’ll begin to spend some of the income from your investments, and financial advisers generally recommend changes to your asset allocation to reflect this short term need for cash. As a result, the allocation to bonds typically increases while your allocation […]


Asset Allocation for Mid-Lifers (40s & 50s)

Probably the happiest period in life most frequently is in middle age, when the eager passions of youth are cooled, and the infirmities of age not yet begun; as we see that the shadows, which are at morning and evening so large, almost entirely disappear at midday–Thomas Arnold 1795-1842, British Educator, Scholar As you move […]


Asset Allocation for Generation X (20s & 30s)

“A comfortable old age is the reward of a well-spent youth. Instead of its bringing sad and melancholy prospects of decay, it would give us hopes of eternal youth in a better world.”–American Abolitionist, Lydia M. Child. And so it is with investing, too. In your 20s and 30s, you have a significantly long investing […]


Yogi Berra’s 7 Secrets to Building Wealth

It’s the simple truths in life that are the most profound. Take Warren Buffett, for example. He can summarize all the investing advice anybody would ever need in a single sentence–“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Well Warren Buffett isn’t the only […]


Asset Allocation in Action–Emerging Markets

Emerging markets are less developed countries that are improving their free-market economy and standard of living. Emerging markets include such countries as Brazil, Russia, India and China. The question is whether an emerging market mutual fund should be a part of a diversified portfolio. to answer that question, several things should be considered, including the […]


Five Guys and the Art of a Great Burger

Yesterday I told you how my college education cost me $1.6 million and questioned whether it was worth the lost opportunity cost. Today, we look at Five Guys who took their education fund and, instead of going to college, started flipping burgers. Here’s the story (and its true). Founded in 1986 in Arlington, Virginia, Five […]