OK, I'm not going to call the following your Financial New Year's Resolutions because too many resolutions get broken all too easily (yes I'm talking to you, cheesecake!) But these 5 steps really do have the power to transform your money picture from meh to mega.
If you are like most investors, you prefer to talk about good performance years and avoid discussions about bad years. Well, you have had a lot to talk about the past few years, but there are some serious storm clouds on the horizon.
Low birth rates over the last few decades will slow the flow of young people into the workforce just as the retirement of the baby boom and increasing longevity will enlarge the proportion of dependent retirees.
I was part of the Buffett family for twelve years, married to his son, so I had a ringside seat and learned how the master worked. I have made a career explaining why Warren Buffett is attracted to certain stocks or chooses to buy certain companies outright.
Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.
Warren Buffett is investing $32 billion in Burlington Northern Santa Fe, the nation's 2nd largest railroad. At first blush, this is radically counter-intuitive. A railroad? Isn't that hopelessly brick-and-mortar?