Financial Planning and Investment

Because it's a mistake for you to work for your money and not have your money work for you

What is it? How will it affect me? What can I do to manage unintended consequences?

Taking the first step in planning your finances and saving for retirement is always confusing, if not outright painful. Avoiding doing what is right and necessary is, however, a snowball to even bigger financial problems and even greater confusion.

The question of timing could hardly ever be more relevant in investing. This relevance cuts both ways in that: An individual who sees value in early entry in the market would be motivated to invest more, as doing so compounds the individual’s investment gains. Conversely, a person who approached investing in later years with skeptics and ever dwindling investible asset compounds—with each passing day—his/her fear of losing his money. And, the longer the delay getting started with investing, the more investing feels like a gamble. This is because the pressure to have stable, growing investments increases as the window of opportunity for growing one’s assets closes. For this reason, investing—especially for retirement—is a “sink or swim” endeavor in which avoiding taking the necessary steps to invest at the earliest possible time simply “kicks the can down the road” on an eventual financial squeeze. To avoid such squeeze a person can, and should, take the first steps towards saving for retirement, however confusing and painful taking such steps may see.

Always Plan for Retirement, No Matter How Confusing and Painful

It is true, "Money doesn't grow on trees." It is also, however, true that investing is the sole additive—and possibly multiplicative—value-enhancing way through which... READ MORE

On Tuesday, May 20, 2025, the U.S. Senate unanimously passed the No Tax on Tips Act, a bill now header for a Senate floor... READ MORE

Choosing a financial advisor is one of the most important decisions you'll make for your future. But “not all advisors are created equal.” While many professionals can offer invest... READ MORE