“Inflation is taxation without legislation.” —Milton Friedman, Noble Laureate in Economics A typical 65-year-old baby boomer couple has a joint life expectancy of 30 years, meaning there is a high probability that at least one of them will live to age 95. And 30 years …

You are about to retire, and you think it would be nice to retire in a place with a mild climate. So, you do a little research and find two cities with an annual average temperature of about 65 degrees – San Francisco and St. …

Where there is no risk, there is little reward. This is why it is so hard to make money on a sure thing. If stock markets always rewarded investors or never made anyone money, they would quickly collapse. Only a market that has both up …

It isn’t easy to beat the stock market. In fact, most money managers typically underperform. And those who are able to beat the market one year struggle to stay on top in subsequent years. Why? Turns out that outperforming the market may be more about …

At a neighbor’s garage sale, you notice a Babe Ruth rookie baseball card on sale for 25 cents. Obviously, your neighbor is not a big baseball fan, since this card is worth tens of thousands of dollars. Just as you are about to hand over …

Wall Street and the popular financial press want you to believe that, in order to make money in the stock market, you need to invest based on what is about to happen. That is the message sent out everyday by market strategists, brokers, analysts, mutual …

If you have ever watched a flock of birds or school of fish, you have seen how they move in unison. Changing direction quickly and precisely, all together. But if you focus on just one bird or fish, things appear much more random. The animal …

With the recent market volatility behind us and a more stable investment world, we now return to our regularly scheduled show: Investment Principles You Should Know. Over the last nine decades, the U.S. experienced 9 bear markets and 15 recessions or depressions, wars, pandemics and …

There is an old proverb that states, the best time to plant a tree is twenty years ago, the second-best time is now. When it comes to retirement or any long-term financial goal, time is money. If you are in good health when you retire, …

We live in a world of abundant consumer choices, which can be empowering but at the same time confusing and frustrating. Investing is no different. With thousands of investment choices, advisors, TV shows, mobile apps and news headlines – how can anyone make sense of …