How to Write an Investment Policy Statement (IPS)
Every investor needs a written Investment Policy Statement. Here are a few pieces out of mine and ideas for what you ought to consider including in yours.
Every investor needs a written Investment Policy Statement. Here are a few pieces out of mine and ideas for what you ought to consider including in yours.
Uncompensated investment risk doesn't increase, and may even decrease your expected return. Avoid it through diversification.
Start implementing critical strategies NOW to lower your S-Corp taxes this year. Here are 10 ways to use your business to keep more of your money.
Not sure which types of retirement accounts you should use? Here's all the information together in one place so you can get a grip on your retirement plan.
Reach financial goals with the least amount of risk by implementing an Investing Plan. Here's how and why to get it done now.
Wondering why you're no good at stock picking? The odds are stacked dramatically against you. Do yourself a favor and don't play this loser's game.
Yes, the rich do take advantage of their knowledge of the tax code to pay less in taxes. But six of their seven techniques are available to everyone.
Qualify for the new pass-thru business (199A) deduction? You may have a new reason to use the Mega Backdoor Roth IRA for big tax protection.
Just how difficult is it for a physician to build wealth while living in California? Here are 12 reasons the economic costs may be too high to call it home.
Section 199a may be your largest tax deduction, but it can make retirement savings complicated. Know your options if QBI applies to your business.
HSAs have superior tax protection features compared to any other investing account. If you're using an HDHP be sure to make an HSA a priority each year.
When will you know if you are competent enough to manage your own personal finances? Here are 10 ways to determine if you are ready to be a DIY investor.
You've heard of the Millionaire Next Door. But have you heard of the Rich Doctor Across the Hall? She's heard of you, and she's not impressed.
Saving up for luxuries is an important financial habit to get into. Boats, ATV's, horses, airplanes, expensive cars... if you take up these luxuries before you are wealthy, they can prevent you from ever becoming wealthy.
Most of my portfolio is invested in index funds. I hope that's not news to you. Here are the reasons why.