Looking forward to some downtime over the holidays? Below are some new personal finance books and articles to consider. A Richer Retirement by William Bengen – Back in the 1990s, financial planner William Bengen developed what’s come to be known as the 4% rule. It’s a framework to help retirees [...]
Investment education—and experience
Oscar Wilde once made this observation: “Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught.” In other words, the only way to truly learn something is through experience. When it comes to investing, though, this is easier [...]
Missing Billionaires
In their new book, The Missing Billionaires, Victor Haghani and James White make an interesting argument. Looking at the number of millionaires in the United States in 1900 and doing some math, they estimate that there should be many more billionaires today—thousands more, in fact—than there are. [...]
Ten Favorites
One winter day in 2016, I jotted down a few comments about the market and emailed them to a group of clients. I received a few responses—some of them positive—so I did the same thing the following week and have continued that practice each week since. For better or worse, when it comes to investment [...]
New book recommendations
In the spirit of the holiday season, below is an updated set of personal finance book recommendations. Why Does the Stock Market Go Up? by Brian Feroldi. This book seeks to answer 60 of the most commonly asked questions in personal finance. In so doing, it demystifies many of the concepts, terms [...]
