Advice based on risk but not net worth doesn’t cut it

I was listening to a radio show recently, and the caller was debating with the host the fact that while he held mutual funds, he had also invested in stocks over the last 10 years. Given that I have been writing several articles about net worth lately, I felt particularly attuned to the lack of … Continue reading Advice based on risk but not net worth doesn’t cut it

Are you following the herd when it comes to building net worth?

Last month, I had broadband internet installed at our town home in Florida. Using my iPhone as a hotspot for my laptop was simply inadequate. (You may wonder what internet support has to do with net worth, but I promise we’ll get there.)One thing that I had forgotten about was how wireless networking uses channels. … Continue reading Are you following the herd when it comes to building net worth?

The truth about net worth

In this latest installment of my series of net worth articles, I dug up the Federal Reserve’s June 2012 bulletin where they pour over the results of the 2010 Survey of Consumer Finances. They conveniently include results from 2001, 2004, and 2007 as well, making it easier to compare certain statistics to check the trends. … Continue reading The truth about net worth

Are your stocks paying a special dividend to avoid taxes?

I hope you enjoyed my recent series of articles on net worth. I’ll definitely revisit the topic in the future. But right now, I wanted to address something else that has been happening recently. An interesting phenomenon is happening. Many companies are paying special dividends as the year comes to a close. In fact, I … Continue reading Are your stocks paying a special dividend to avoid taxes?