Starting Out

Don’t Let 2020’s “Breaking News” Break Your Investment Resolve

Unfortunately, too much news glut can be harmful to your financial and emotional well-being alike. How so? Whether you know it or not, your deep-down brain reacts to certain cues, like the color red in a headline (“Made you look!”) or a repeated falsehood, presented as fact (which becomes more believable simply because you’ve heard it more than once).

Starting Out

The Rational Reminder Episode 121: Day Trading and Overconfidence

Despite the mountain of evidence against it, day trading is thriving. Today we dive into the research and explore why the practice is alive and well before answering the question — “Can too much confidence lose you money?” After touching on investing news, listener feedback, our books of the week, and our take on the ‘Ultimate Ned Debate,’ we open our discussion on day trading.

Starting Out

How to Make the Most of Turning 18 in 2020

It’s hard to throw a big birthday bash in the middle of a pandemic. That said, with new financial opportunities to seize and a lengthy investment timeline ahead of you, you may end up luckier than you think. Here are a handful of 5 best practices for 18 year old’s we’ve provided in the past, to help you control your finances during this pandemic.

Starting Out

The Rational Reminder Podcast Episode 112: Michael Kitces on Retirement Research and the Business of Financial Advice

Michael weighs in on three approaches to variable spending, why people can do what they love and still retire well, and his research on the ‘rising equity glidepath’. He also speaks about why it’s normal to start saving after you hit forty, and why withdrawal policy statements can help you have a better idea of when your portfolio is in the red.

Starting Out

The Rational Reminder Podcast Episode 99: Andrew Hallam (Millionaire Teacher): How to be Wealthy (and Happy)

We often talk about better planning, reduced spending and a consistent long-term strategy on the show and today we have a guest who not only gives that advice himself but clearly lives it too! Andrew Hallam is the author of the new book Millionaire Expat in which he details some strategies for what has been called geographic arbitrage, or moving to another part of the world in order to maximize your financial independence!