financial plan Archives - MONEY SMART

June 11, 2013

I said a full scale education revolution is coming and that "education is going to be taken over by the internet, and the quality it will deliver will be nothing short of stunning...The cost of higher education will reflect these changes. How about a full four year college education for say $5,000 or so? Pretty amazing, no?” Well, it’s here--the future has arrived! Georgea Tech, one of the top 25 universities in the world, made waves last week in business and higher education with an announcement.

April 4, 2013

About 30 years ago we underwent a huge change to our retirement system in this country, shifting from pension plans to individual retirement accounts such as 401Ks and IRAs. It is a change that has led to the development of a system that is stacked against the typical investor. In fact, it’s become nothing less than a rip-off, deeply damaging or destroying the financial futures of most of the 100 million Americans who participate.

August 16, 2012

We have our health checked periodically because it just makes sense. We want to head off any problems, check in on any little worries and basically just take care that we are doing what we can to preserve our health. When it comes to our financial health, the same applies. If you haven't given yourself a quick financial health check-up in a while, it's time. Here are the three check-up steps to take:

June 7, 2012

I’ve been telling you it’s a bad time to invest in the stock market (even in index funds for now), so exactly where and how should you invest your money for the time being? Retirement money and other savings should basically be in very short term fixed income investments right now. But let’s break this down and understand where to (and not to) invest your money while returns are so painfully low, while still protecting them from unstable markets and likely to lose investment opportunities. I know it’s rough to even contemplate returns so low they don’t even make up for inflation, but most of the successful investors I know personally are doing what I am right now and are holding out until better returns can be achieved and most importantly keeping our money secure. We sit here waiting for the game to shift and the next opportunity to arrive, as they always eventually do.

March 29, 2012

Over the last 22 years I’ve made 4 major forecasts; when to get into the stock market and when to leave; when to invest in real estate and when to get out. Now I’m making another major call: high inflation is coming and it's very important to understand what it will mean to you and what to do about it. High inflation means higher prices, yes, but it has major implications for your current investments and for your financial plans in general, so it’s best to position yourself in preparation for it now rather than getting caught losing big.

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