Financial Literacy

FINANCIAL ANSWER OF THE WEEK – Some Financial Terms You Should Understand

One of the biggest headaches the average investor has is trying to understand what their financial advisor is talking about when it comes to many of the investments out there.  Here are some of those investments.

First, do you really

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FINANCIAL ANSWER OF THE WEEK – Gold Scams!?

In previous FINANCIAL ANSWERS OF THE WEEK we talked about whether gold was a good idea to be part of your investment portfolio.  Here is more information to consider.

Did you know that gold hit a high of $1,900.40 an

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FINANCIAL ANSWER OF THE WEEK – Are You Investing in These?

With the constant turmoil in the stock market, people are constantly asking, "what should I be investing in"?  A tough question to answer for anyone.  But here is something that I think you may want to consider.

In the world

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FINANCIAL ANSWER OF THE WEEK – Watch These Mutual Funds!

Over the last several years I have written a number of posts about target date mutual funds and how they have become a part of most 401(k)/403b plans.  The GAO (Government Accountability Office) has raised some concerns about these funds.

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FINANCIAL ANSWER OF THE WEEK – Some Common Investor Mistakes

If you do any type of investing you have heard people talk about why they can't understand why their investments don't seem to "work".  Here are some common mistakes these investors make.

If you are trying to get somewhere you

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Richard Sowa

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Latest on Mon, 01:40 pm

Rich: Wiz, Thanks for the question.S ome people should own a home. Some people shouldn't. The FINANCIAL ANSWER OF THE WEEK is just giving [...]

wizard: Great post on mortgages. I wonder though, is it still true when you consider that in 20-30 years, your pmt will be $0 and your [...]

Rich: Warren, Thanks for your question. An ETF or Exchange Traded Fund is similar to a mutual fund except it is bought and sold like a [...]

Warren: A friend of mine suggested I put my money into an ETF. Could you explain to me what an ETF is?

wizard: Wow, what a great site!

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