Mutual funds that contain front-end loads are one of the worst investments for individual investors. In a typical front-end load fund, the investor pays a 5.75% commission just for the privilege of buying into the mutual fund. What most people…
The Importance of Non-Retirement Savings
Saving is a critical part of any financial plan. Spending less than you make and putting away the difference for the future is the first step to financial freedom. Since we know saving is necessary, the question becomes what is…
Five Dumb Financial Moves
The Wall Street Journal had a very interesting and appropriate article this week about five really dumb financial moves people are currently making. You might need a subscription to read the whole article, but here’s the five specific moves and…
Retire Before 40?
A growing segment of the population is embarking on a plan being called ‘extreme early retirement.’ These individuals are families are looking to ‘retire’ by the time they are 40. Retirement isn’t exactly the right term, because the goal is…