Greece, and Why Headlines Are Your Enemy

The “Greek drama” is over – or at least at an intermission. But for investors, the dire headlines generated by the country’s financial crisis provided a stiff test of self-discipline. First, a recap: Earlier this week, Greece and its Eurozone creditors tentatively agreed on a last-minute bailout package that could stave off economic collapse in…

Dividend Growth Stocks: Boosting Income for Retirement

Retirees need confidence that their investment portfolios will provide a steady, sustainable stream of income, one that will rise to keep pace with inflation. High quality dividend growth stocks have fulfilled that need for decades. The income from dividend growth stocks has the potential to continually rise from original dividend amounts over time as dividends…

Minimizing Two Key Retirement Risks

Warren Buffett has attributed much of his well-known investment success to two rules. Rule #1: Never lose money. Rule #2: Never forget Rule #1. What the Oracle of Omaha is reminding us, in a humorous way, is to keep our eye on the return of our capital, even more so than the return on our…

To Succeed in Investing, You Must Manage Risk

To live life more fully, we all must accept, and even embrace risk. The most fulfilling parts of our lives are full of risk, but generally worth pursuing. Our adventures, and even our responsibilities are risky, but both can be very rewarding as long as we aren’t reckless. Even flying our family to a vacation…

The Case for Goals-Based Wealth Management

Imagine paying a visit to your tailor and ordering a suit.  Your only instructions:  It has to be bigger than your co-worker’s suit. That’s a ludicrous scenario, of course.  Everyone understands that the right-sized suit for you is the right-sized suit for you. But this short-sighted approach ‒ fixating on one-upping someone else ‒ is…