There are many habits and behaviors that, while not directly related to finance, can spell the difference between reaching your goals or not. But in my experience, people rarely hear about these things from their financial advisor.
Recently, I decided to share some non-financial lessons I’ve learned in a series of letters called, “Things Most Advisors Don’t Tell You.” There are many habits and behaviors that, while not directly related to finance, can spell the difference between reaching your goals or not. But in my experience, people rarely hear about these things from their financial advisor.
You’ve likely heard that getting married can mean big tax breaks in your future, but the truth is you need to do your math and research carefully before filing.
Between state and federal regulations, discover how you can navigate inheritance tax from deductibles to gift tax.
You see, there are certain habits and behaviors that, while not directly related to finance, can spell the difference between reaching your goals or not. But in my experience, people rarely hear about these things from their financial advisor.
The time value of money (TVM) is a useful tool in helping you understand the worth of money in relation to time. It is a formula often used by investors to better understand the value of money as it compares to its value in the future.
Whether you’re new to the stock market or a seasoned investor, it can be hard to keep your emotions in check.
It may sound strange to hear a financial advisor say this but achieving the things you care about most requires more than just money. There are certain habits and behaviors that, while not directly related to finance, can spell the difference between reaching your goals or not.
When it comes to helping people reach their goals, most financial advisors tend to focus on areas like investing, tax planning, and other money-related topics. I am no exception. After all, these things are critically important if you want to save for retirement, start a business, travel the world, or simply leave a legacy for your family.
When it comes to proper diversification, it’s important to allocate your money according to valuation, not some overly-hyped Wall Street formula.