Financial investing poses numerous challenges, but volatility and information overload are among the biggest. Investing in even the most stable asset classes tends to involve noticeable day-to-day shifts. Likewise, even the simplest asset classes offer many options. How do you deal with these challenges?
Learning to Do Nothing
One of the biggest mistakes people make in a volatile and information-rich environment is moving into and out of positions quickly. If they see a stock’s price taking off, it’s tempting to want to get on board and ride the train.…
Do you want to become a snowbird when you retire? Snowbirds, who maintain two homes — one in a colder climate and one in a warmer one — are able to time their stays so that they enjoy better weather and more lifestyle options all year round. But your success as a snowbird largely depends on how you plan now. Here are a few key details to consider.
1. High Fixed Costs.…
When starting a business, one of the most important decisions you will make is how much equity to give up upfront. Too little, and you may not have the resources you need to get your business off the ground. Too much, and you may be sacrificing potential profits down the road.
When determining how much equity to give up, there are a few things to keep in mind. First, think about how much money you will need to get your business up and running.…