Tag Archives: Advice

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- Masters of Money

Investing Through the Ages

I wasn’t always a personal finance and investing guy. Back in my 20s, I was a young reporter who made a good living, but was kind of clueless about money. Let us just say that investing mistakes were made. Nothing too horrible, mind you. I didn’t blow a fortune or make one for that matter. However, I did begin learning a lifetime’s worth of investing lessons that I’d like to pass along here. MORE

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- Masters of Money

Do you need financial advice?

It’s a question I get asked a lot, especially when people find out that I write about money for a living. The thing is, a lot of people think financial advice is just about investments – and they also tend to believe you need to be rich to hire an adviser. This is definitely not the case – a good financial adviser doesn’t just help you invest your money. He or she can help you develop the discipline you need to budget, save and plan for the future. MORE

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- Masters of Money

Is your employer trying to give you money?

When I started at my first full-time job, someone tried to give me some really dumb advice: “Don’t bother joining the pension plan – just take the money and invest it yourself.” At the time, the company offered a defined benefit pension plan and it matched my contributions as part of the benefit. MORE

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- Masters of Money

Bundling Financial Advice

Managing your own investment portfolio can result in lower fees. The savings, if re-invested into the portfolio, can also benefit from compounding growth and therefore manifest into a larger nest egg upon retirement. This, however, assumes that the returns before fees are the same in both cases. MORE

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