Suze Orman Thinks You Need At Least $5 Million To Retire
by Mitch TuchmanAuthor and personal-finance guru Suze Orman ruffled a lot of feathers in a recent podcast, saying that people need $5 million — maybe even $10 million — in order to retire. Orman was responding to a question about the “financial independence, retire early,” or “FIRE,” movement, a growing online trend in which people in their… Continue reading
Finding Investment Advice For More Modest Retirement Accounts
by Mitch TuchmanIf you’re perfectly capable of running your own retirement savings, selecting the right mix of low-cost investments, rebalancing at the right time and not buying and selling out of fear or greed, then good for you. But the majority of people — maybe the vast majority — are not like that. They may be smart enough… Continue reading
All the Ways You Can Mess Up Your 401(k)
by Mitch TuchmanWorkplace retirement plans get a lot of bad press, primarily small company plans loaded with high fees. But, truth be told, 401(k)s have been a boon to millions of Americans with access to them. In total, 55 million savers held $5.3 trillion in these plans at the end of 2017, according to industry data. Put… Continue reading
Finding Investment Advice For More Modest Retirement Accounts
by Mitch TuchmanIf you’re perfectly capable of running your own retirement savings, selecting the right mix of low-cost investments, rebalancing at the right time and not buying and selling out of fear or greed, then good for you. But the majority of people — maybe the vast majority — are not like that. They may be smart enough… Continue reading
How To Invest Your Nest Egg?
by Mitch TuchmanScott Puritz has been around money for most of his 62 years, so he knows something about the subject. He comes from a family of entrepreneurs. He attended Harvard Business School. He loves researching, discussing and creating able enterprises. The enterprises he’s built include a profitable cake-delivery company in college (it still exists) to one… Continue reading
What Investors Can Learn From ‘Jeopardy’ Phenom James Holzhauer
by Mitch Tuchman“Jeopardy James” Holzhauer finally lost on Monday, June 3 2019, ending his 32-game winning streak just $58,484 shy of Ken Jennings’ all time money prize record. He took home $2.4 million in any case, losing the “Jeopardy” throne to a 27-year-old Chicago librarian, Emma Boettcher. In the end, Holzhauer lost because Boettcher managed to outplay… Continue reading
Mark Cuban Explains How To Make A 16% Guaranteed Return
by Mitch TuchmanYes, you read that right. You could be getting a 16% return on your money right now, and it’s not that hard to do. As Mark Cuban, the “Shark Tank” star, billionaire entrepreneur, and NBA franchise owner explains, just pay off your debts. Americans carry an enormous amount of personal debt. The personal finance site… Continue reading
Shark Tank’s Robert Herjavec: College Is Not Necessarily the Answer
by Mitch TuchmanRemember your college days? Football games, late nights studying, parties and fun — the American college experience is unique and, for many, a transformative period. You get to play at adult responsibilities like showing up and caring for yourself, but with a safety net. No wonder some folks stay for more than four years! Increasingly,… Continue reading
Shark Barbara Corcoran Says ‘Act Like A Man,’ But Not When Investing
by Mitch TuchmanWho’s to blame for the obvious and ultimately fixable gender gap in pay? “Shark Tank” star Barbara Corcoran lays at some of it at the feed of women themselves. “Women should pretend they’re a man, because men do negotiate better,” Corcoran recently said. It’s tempting to take her point. She offers a shortcut to a goal,… Continue reading
