Why you never have, nor ever will own the S&P 500 or any other Index for that matter!

Virtually every person that I meet with owns a S&P 500 mutual fund or ETF. And most likely they own several other indexes. The problem is, they don’t actually own these indexes. You see, you cannot actually own them, not really. The reason is, is that there is only one S&P 500, one Russel 1000, Read more about Why you never have, nor ever will own the S&P 500 or any other Index for that matter![…]

Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)

If a star money manager leaves what ramifications does that have for the investors that stay? How many of you have ever heard of Bill Gross?  Bill Gross helped build PIMCO into a $2 Trillion firm. Bill left PIMCO to join Janus Funds in 2014. if you own Pimco during this time, you most likely Read more about Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)[…]

Buy and Hold… Your Breath

If you are an investor, then most likely you have heard of “Buy and Hold” investing.  It has been around for decades and 1.88 million articles have been written on the subject.  Buy and Hold looks great on paper, but it only works as long as the stock market is flat or going up.  If it is Read more about Buy and Hold… Your Breath[…]

What’s Your Number?

Do you remember the ING retirement campaign a few years ago.  The commercials were always asking, “What’s Your Number?”.  This brief article isn’t the place to get into what is wrong with the “What’s Your Number” campaign. What I want to focus on is this – For simplicity’s sake, let’s say that your “number” was Read more about What’s Your Number?[…]

Finding Money (Not in the Couch Cushions)

It is pretty cool when you pull on a pair of jeans that you haven’t worn for a while and find $20.  It never gets old.  But that is as far as most people get.  Perhaps they find $100, but how often do people forget $100 in their pockets… rarely. Imagine finding a lot more Read more about Finding Money (Not in the Couch Cushions)[…]

If you own appreciated assets, you are in for a rude awakening – LTCG tax increased by 58.6%

Everyone knew that taxes had gone up on 1/1/2013, but did you realize that LTCG tax increased by almost 60%. If you own any highly appreciated asset such as stocks, bonds, mutual funds, raw land, rental property, a commercial building or your own business – this is going to have a direct impact on you Read more about If you own appreciated assets, you are in for a rude awakening – LTCG tax increased by 58.6%[…]