
The $6,000 commission vs the $1.80 index fund fee
I’ve heard from life insurance salesmen that their commission to make a sale is around the ENTIRE first year of premiums. i.e. if you sign
I’ve heard from life insurance salesmen that their commission to make a sale is around the ENTIRE first year of premiums. i.e. if you sign
I wish I could tell you how to double your money in the stock market in a month. I wish I could tell you which
The math on investing is pretty awesome. Saving just $254/month from age 20 to 65 will get you to a million bucks. This assumes a
As of today my net worth is about $5 million. Of that, only about $50,000 is in cash. That’s 1%. The other 99% is at
There’s this myth out there that something magical happens at 65 years old that allows you to stop working. But that’s not true. In the
This mistake happens more often than you’d think. And this can make a HUGE difference over long periods of time. What are dividends? Profitable companies
As with most things in life, the devil is in the details on this one. But the basic idea is solid. If instead of spending
The big divide down the middle separates the two very similar sounding terms “Fee based” and “Fee only”. Fee based means these advisors earn commission
We’re in the age of internet outrage, so when I post something like “if you invest $500/month you’ll have about $3 million bucks in 40
One of the biggest misconceptions I hear from newer investors is that they should be combining accounts in order to accelerate compound growth. For example,
I’ve heard from life insurance salesmen that their commission to make a sale is around the ENTIRE first year of premiums. i.e. if you sign
I wish I could tell you how to double your money in the stock market in a month. I wish I could tell you which
The math on investing is pretty awesome. Saving just $254/month from age 20 to 65 will get you to a million bucks. This assumes a
As of today my net worth is about $5 million. Of that, only about $50,000 is in cash. That’s 1%. The other 99% is at
There’s this myth out there that something magical happens at 65 years old that allows you to stop working. But that’s not true. In the
This mistake happens more often than you’d think. And this can make a HUGE difference over long periods of time. What are dividends? Profitable companies
As with most things in life, the devil is in the details on this one. But the basic idea is solid. If instead of spending
The big divide down the middle separates the two very similar sounding terms “Fee based” and “Fee only”. Fee based means these advisors earn commission
We’re in the age of internet outrage, so when I post something like “if you invest $500/month you’ll have about $3 million bucks in 40
One of the biggest misconceptions I hear from newer investors is that they should be combining accounts in order to accelerate compound growth. For example,