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Do Think Twice: It's Not All Right to Tap your 401K
There have been reports that many cash-strapped Americans are making some classic financial mistakes these days as they try to cope with rising prices at the gas pump and grocery store and sinking values in their homes. They are the classic mistakes that many investors make when they panic: thinking... Read More »
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Want to be a dolphin? Would you try an LZR Racer Speedo?
I was watching the Olympic trials for the U.S. swimming team, and I noticed that nearly all the competitors, male and female alike, were wearing a new kind of Speedo suit called an LZR Racer that makes them look like dolphins, very sleek and streamlined. As an investor always looking for trends, I... Read More »- Let’s talk: Comment (4) | Blog
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Is It Time to Push the Panic Button? It Depends on Whether You Can Skate in a Buffalo Herd!
The selloff in the stock market over the past few days reminds me of a silly song that was chosen as the “class song” in my high school umpteen years ago: “You Can’t Roller Skate in a Buffalo Herd.” When Mr. Market gets anxious, the trading herds start stampeding for the exits, and it’s... Read More »
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The Bold Spider
Sometimes our comfort zone allows us to step back and let someone else be totally in charge of our finances. It requires a “bold action” as my friend, Lorin Beller, from Bigfish Nation likes to say, to leave this comfort zone. Leaving the comfort zone can be scary, but the result empowering.... Read More »- Let’s talk: Comment (0) | Blog
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