Feelings and Money

Feelings and Money

Behavioral Finance 101                Lesson # 1 – Any time money is involved, emotions are likely to be involved....
Happiness and Repurposement

Happiness and Repurposement

(Republishing a post originally published in 2017.) Just finished the book “Happiness by Design” by Paul Dolan (with a forward by the great Daniel Kahneman). I’d highly recommend the book to anyone who wants to take a deep dive with Behavioral Finance and Behavioral...
4 Reasons to NOT participate in a 401(k)

4 Reasons to NOT participate in a 401(k)

There are at least (4) Reasons some employees may NOT participate in a retirement plan… but do they hold water? In 1991, they published a book called “DOS For Dummies.” It was a how-to book that explained a topic in the most simplistic of terms. It sold. And...
Don’t surrender to crappy funds

Don’t surrender to crappy funds

Don’t raise a WHITE Flag over this RED Flag issue. Far too many Americans are “surrendering” to the flagrant use of proprietary funds. It’s 2020! If your 401(k) provider is still offering proprietary funds, you’re probably being taken. According to information...
Funding Retirement or College??

Funding Retirement or College??

Should a person save for college and then retirement or save for retirement and then college? How should we prioritize our dollars? Is there a right answer? I thought the answer to this question was easy, or intuitive, or obvious…but I’ve met so many people...