Category: asset allocation

Keep All Your Investments Diversified

Recently a new breakfast joint opened up in my town. During my first trip there, I was pleasantly surprised to see that they also have a lunch menu. That meant in addition to delicious breakfast sandwiches; there were also traditional lunch options like soups, salads, and BLTs (a type of sandwich that has bacon, lettuce,…


As You Build Your Financial Future, Heed the Advice of Richard Thaler

Dear Readers: I’ve been promoting the tried-and-true principles of smart money management for so many years it can be hard to come up with fresh ways to share their important message: Spend less. Save more. Diversify your portfolio as you invest for your long-term goals. As old-fashioned as this advice may sound, it remains the…