Mutual Funds Exposed! (Reason 3 of 6 – Most Mutual Funds Under Perform the Market)

One would think that because mutual funds are managed money, that they might outperform their benchmark. Or, just by chance you’d think that half the funds will outperform and half will under perform. For the 12-month period ending December 31, 2016: -60 percent of large-cap mutual fund managers underperformed their benchmarks. -58 percent of mid-cap mutual Read more about Mutual Funds Exposed! (Reason 3 of 6 – Most Mutual Funds Under Perform the Market)[…]

Mutual Funds Exposed! (Part 2 of 6 – Undisclosed & Hidden Costs)

The mutual fund industry sells performance but does not talk about cost. If you are invested in a mutual fund it may be up – but how much were you up? There are fees and transaction costs that you never see. In many cases that 8% ROR is cut to 5% or less! What counts is Read more about Mutual Funds Exposed! (Part 2 of 6 – Undisclosed & Hidden Costs)[…]

Mutual Funds Exposed (Part 1 of 6)

At one time, mutual funds were useful investments. It used to be difficult and expensive for individuals to own many stocks and create their own portfolio to help get the benefit of diversification.  So, mutual funds probably provided, at one time, what might have been one of the best available investment alternatives. However, to obtain Read more about Mutual Funds Exposed (Part 1 of 6)[…]

Becoming a Psychic Investor.

If I could tell you the exact day that your qualified retirement account will suffer its greatest loss, would you want to know that date? And in knowing that day, if we could do something now to prevent these losses would you do it? Taxes are the largest transfer of your wealth. The day that Read more about Becoming a Psychic Investor.[…]

The Last Picture Show

Imagine taking your spouse and kids to see a movie. You go into the theater, buy a jumbo popcorn, some candy and drinks. The kids are eagerly anticipating the movie and skipping through the aisles. You find seats with no tall people in front of you and you start to relax. Looking around you notice Read more about The Last Picture Show[…]

Perspective is Everything… So I want you to try Table Dancing!

If you have lived in your home for any length of time, you can probably close your eyes and envision where each room is in the house as well as each piece of furniture. The next time that you are home, I want for you to walk into your kitchen and take a look around, Read more about Perspective is Everything… So I want you to try Table Dancing![…]

Remember Who You Are

Do you know who you are? Do you know how the rest of the world sees you? I am not talking about your wife, kids and your friends. I am talking about all of the other entities out there that are interested in you for your current and future wealth. Everyone sees you from a Read more about Remember Who You Are[…]

Christmas is coming the goose is getting fat…

It is Christmas time and you have probably been hustling and bustling about buying presents. This involves going to many different stores to find the “right” present for each person. This is a common scenario for Christmas and it is also a common theme with most peoples financial lives. You make many different financial decisions Read more about Christmas is coming the goose is getting fat…[…]

It is difficult to get the Right Solution when you start with the Wrong Premise!

Every step of our education has been centered on what to think, rather than how to think. We have been dumbed down as a society. When it comes to finances, the less we know, the more we are exposed to misinformation. All of the financial information that is available to us today has been created Read more about It is difficult to get the Right Solution when you start with the Wrong Premise![…]

Hocus Pocus, Poof! The Tax Savings Disappear!

I for one do not believe that qualified retirement plans are all that they profess to be. They are surrounded by ever changing, complicated rules that turn out to be very costly. I don’t believe all of the rhetoric about tax savings. Someone is going to be taxed on this money. If not you, then Read more about Hocus Pocus, Poof! The Tax Savings Disappear![…]