It seems investor’s may believe that good years follow the good years in the markets; and bad years follow bad market years. But is this true? Wikipedia has a great historical graph for the S&P 500 (along with a great discussion about the index as well).* What is interesting about the online historical graph is […]
What is the dynamic effect of saving more? It is how you reach your retirement goal sooner than expected. Why? Because most retirement calculators fail to make a key adjustment when calculating when you may retire. When you save for retirement the calculator basically tells you how long it will take to reach a target […]
If you think you are paying your adviser to always get you returns that always go up (against the currents of markets, the economy, or both), then you are probably throwing money away and should seek the lowest cost alternatives. You see, from this perspective, these people believe that their investments need to do all […]
Closing a website account and deleting your information behind your account on that website are two different matters. You can close any website account you have. But, simply closing it leaves a lot of stuff still scattered and available on the website. How do you delete all that scattered information on a website you’ve closed? […]
The term bubble is in the market news a lot lately. What’s A Bubble? An interesting interview on NPR (15:37) with Nobel Laureates Fama and Shiller (who are polar opposites on this question and most everything else about economics). Here’s a thought: When the Dow hit a high the first time at 10,000, was that a bubble […]
This short article summarizes The 7 Top Home-Buying Mistakes You Should Avoid – Forbes (by Kate Ashford). Mistakes: 1) Buying when planning to move again soon. 2) Buying more than the budget can support (see step 4). 3) On top of #2, forgetting about other ownership costs (not to mention costs of moving and making the […]
Spending and saving are the inverse of each other. Spend more means you save less. Save more means you spend less. People let their “Present Self” over power the needs of their “Future Self.” This conflict within yourself is what financial planning is all about … how to balance the two. My article displayed below, syndicated […]
When you read or hear about a Pension Plan being underfunded, what does that mean? It means they don’t have enough assets to cover their liabilities. Assets are the pension plans investments. Liabilities are the payments to retirees. Underfunding is a wide spread problem today according to this study cited in Financial Advisor Magazine. So what […]
You might think that your genes decide how long you may live. This show [ The Numbers Game: When Will You Die? | National Geographic Channel ] demonstrates that genes are only 25% of the answer. The other 75% comes from the choices you make in life. Watch this these videos … it will help you determine […]
People don’t have experience being someone’s executor. When someone names you … what happens when the time comes for you to do your duty? More than you think! What is the difference between a trustee and an executor? The attached syndicated article explains. Adviceiq executor article from Better Financial Education Article posted at AdviceIQ. Original […]
About Larry Frank Sr.
As an MBA and CERTIFIED FINANCIAL PLANNER™ practitioner, I help people make sensible plans for a successful retirement. I'm also the author of Wealth Odyssey, a book about financial planning. My retirement planning research is published periodically in the Journal of Financial Planning.
Have a Financial Question?
- Are market returns really the key to your portfolio value? February 27, 2012
- Two Retirement Questions? August 24, 2012
- The Dividend Income Illusion. March 27, 2013
- Cycle of Market Emotions March 16, 2012
- Rebalancing? How does it work? March 4, 2012
- Do good years follow good years? And bad follow bad? December 5, 2013
- The Dynamic Effect of Saving More December 4, 2013
- You get what you pay for! November 27, 2013
- So you’ve closed a website account. How do you delete it? November 20, 2013
- What’s A Bubble? (Nobel Edition) | NPR November 13, 2013
- Do good years follow good years? And bad follow bad? | Better Financial Education Blog: […] you seek to strive for is the portfolio...
- The Dynamic Effect of Saving More | Better Financial Education Blog: […] The dynamic effect of saving more …...
- Larry Frank, Sr.: Another website with tax comparisons between two S...
- Larry Frank, Sr.: The WSJ Market Watch link in this blog (http://blo...
- You get what you pay for! | Better Financial Education Blog: […] compounding … but not the last 20 ...