Once you’ve reached retirement, you’re going to have to rely on your accumulated assets and your income streams to live on, as you’re hopefully not going back to work. In this episode of the personal finance frequently asked questions series, we answer what you can safely withdraw to not need to live on cat food when you get older.
“We wants it, we needs it. Must have the precious. They stole it from us.”
Imagine that you have to sell the house you grew up in. For those of you who have had to do this, I’m sure just thinking about it brings back a wash of memories.
Your house is your home. How many times have you heard that maxim? The words have different connotations. The word home has emotional connections to it. A home has memories, meanings, and the commitment of your heart. The word house, however, doesn’t have those emotional ties. It’s a roof over … Read the article
“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
How surprised would you be to see a headline touting the following?
Down Drops 500 Points Today, Creating GREAT Buying Opportunity!
You don’t ever see that headline. Instead, historically, people tend to pour into the stock market when it peaks and get out of the stock market as it approaches its lows. Traders call this capitulation – when the last scared investors get out of the market, and it usually … Read the article
What is a discussion about priorities in life doing in a finance blog? Everything. Your priorities in life should be dictating what you’re spending your money on. If you’re not going through your life with intentionality, you won’t be aligning your resources with your priorities. If you’re not budgeting, then I can almost guarantee that you’re not spending money in line with your priorities.
Take a minute and jot down what you think your priorities are. In priority order. It doesn’t have to be a huge list. After all, chances are that you’re … Read the article