Have you heard about folks who hike the Appalachian Trail for 2,200 miles, end to end? Imagine if 61% of them ventured forth with no compass, no idea how long the trip would take, how much food they'd need and a single pair of sneakers
Most (yep, probably 80 percent) of your long run financial success will flow from your understanding of these three simple factors: asset allocation, fees and performance. Here are some questions to guide you.
Have you ever set a financial goal only to find that your actual spending significantly surpassed your budget? When you have the best of intentions to create financial health, why is it so darn easy to sabotage your progress?
Two cars are driving down a highway. A red sports car is darting between all three lanes, trying to find the fastest possible way to get ahead. A gray sedan is in the right lane, going the speed limit. Suddenly, a train horn sounds. The red car comes to a screeching halt next to the gray sedan.
Have you ever been tempted to "play the stock market" by following a hot tip, only to watch your shares plummet? Do you want to invest, but feel overwhelmed by all of your choices? How do you know if you should invest in stocks at all?