In my much younger days, I never planned to get married and certainly didn't plan to have children. The last thing I thought I would do was to stay home with them. Yet in my 30s, I found myself married, with children and no outside employment. It wasn't what I had planned, but it was the life I was living.
We’re all familiar with today’s title but when I tried to track down its actual roots, I became confused. According to multiple websites, it relates to a farmer in Maine trying to give a traveler directions to town.
My brother was visiting from China, and we got into a discussion of the stock market and the impact of high-frequency trading, or HFT.
Oh, the things we discuss after a good dinner and copious amounts of wine. Does HFT help or hurt individual investors? Is the market "rigged" against small investors?
Electronic-trading systems were introduced in the 1990s.
Kenny Rogers made Don Schlitz’ song The Gambler famous back in the late 1970’s. If you recall the lyrics, the old gambler tells the young one that you have to know when to hold your cards and also when to fold them.
I remember picking my oldest son up from school, when out of the blue he asked, “Mom, what’s the difference between a Roth and an IRA?” Pretty astute for a High School Freshman. One article I read described the difference as “paying taxes on the acorn or the oak tree”.
This morning I’m thinking of the delightful 1998 movie Shakespeare in Love. It involves a poor, unknown playwright named Will who falls in love with the far-out-of reach daughter of a wealthy merchant.
I am in this great financial-planning book club. We read and discuss one book a year. The downside is that we have a video conference to discuss the book, instead of getting together in person, and there is no wine involved.
Have you ever wondered why some people seem to be able to save money effortlessly?
I am not one of those people. I struggle to keep my spending impulses under control.
When looking for any professional advisor, it is important to be able to match their characteristics, temperament, client profile and experience level to your own profile.