Thirty years ago, what Apple announced it was going to do was democratize computing. Back then, the idea of a computer that was personalized to people -- with a mouse and graphics and a warm experience for the user -- was revolutionary.
It is one thing to tell people to follow their passion, but it is entirely different to embolden an entire generation to change the system so that large numbers of people can take part in transforming their society.
While appropriate index investing may be a superior strategy to buying individual stocks or investing in actively managed mutual funds, you may also want to consider the benefit of using passive asset class funds.
Now that the New Year is underway, it's time to stick to those resolutions you promised to keep. And if you're like the many Americans who made resolutions of the financial sort, now is the time to develop a realistic game plan.
The growth of the U.S.'s bigger and broader productive economy has been stunted by bad policies and bank bailouts benefiting rent-seeking financiers siphoning off an outsized percentage of the nation's gross domestic product (GDP).
Parents and grandparents might need to work together to develop a strategy so that their student will be able to receive the gift of a college education. A 529 plan is just one piece of the puzzle when it comes to paying for college these days.
Being around people with a poverty mindset will keep you in your current financial state, if not make it worse. Goals like becoming debt free are tough, so you'll need a like-minded group of people to encourage you along the way.
More than ever, I get asked by my friends, family, and clients to find them a "good deal." Whether it's their first home or 5th investment property, everyone wants a good deal. Usually, my question is: "what do you consider a good deal?"
Why does the government want to keep rates in the basement? They want to get business to unleash their stash of cash (currently over $1 trillion) and create more jobs. By many accounts, that action is working.
Hiring a financial advisor means taking a giant leap of faith: here's my hard-earned money, make it grow. You are putting your financial future into their hands. The investment process can seem complicated, convoluted and confusing.