Life insurance is one of the most controversial and, in my opinion, convoluted personal finance topics today. Even once you get past the eternal debate of term vs. permanent life insurance, then you must move on to determining how much life insurance you need, what method do you use to calculate that amount, and who […] Read more at http://www.moneyguy.com/2008/11/unusual-times-require-creative-solutions Learn more about your ad choices. Visit megaphone.fm/adchoices...
Nov 05, 2008•32 min
We have been riding this wave of volatility long enough that 7%-9% market swings do not have the same shock and awe impact they had a few weeks ago. This acceptance of the wild swings has provided me with an opportunity to step away from the initial emotional feelings that came from this roller coaster…. […] Read more at http://www.moneyguy.com/2008/10/time-to-buy-buffett-vs-cramer Learn more about your ad choices. Visit megaphone.fm/adchoices...
Oct 24, 2008•36 min
Last show we talked about the silver lining of a financial crisis. This week I talk about the special opportunities that these down markets can offer. More specifically, if you did not catch it from the title of this post, I am talking about harvesting tax losses. More than likely, and probably by no fault […] Read the rest at http://www.moneyguy.com/2008/10/thanksgiving-around-the-corner-time-to-harvest Learn more about your ad choices. Visit megaphone.fm/adchoices...
Oct 15, 2008•50 min
What a week! Actually, what a past couple of weeks! Obviously, it wouldn’t be too hard to harp on all of the bad stuff going on right now. So, instead of doing that, I would like to focus on some of the silver lining and maybe some of the positive things that could come out […] Read more at http://www.moneyguy.com/2008/10/the-silver-lining-of-a-financial-crisis/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 01, 2008•31 min
So this is the question of the hour: What is going on? Or maybe the better question is: What got us into this mess? The real answer is a perfect storm with many moving parts acting together to drag down the financial markets. The more simple answer, although not necessarily the entire cause, is leveraged […] Read more at http://www.moneyguy.com/2008/09/news-nightmares-bank-debacles Learn more about your ad choices. Visit megaphone.fm/adchoices...
Sep 16, 2008•37 min
For most parents, saving for their child’s education is always a priority. With the volatility and uncertainty in today’s market, it has become a priority that is not so easy to fund. Most would agree that a hundred dollars here or a hundred dollars there, while not providing a full ride, would definitely help out. […] Read more http://www.moneyguy.com/2008/09/cheese-grits-and-college-savings-black-holes-and-helocs Learn more about your ad choices. Visit megaphone.fm/adchoices...
Sep 09, 2008•31 min
In tight economic times charities are often hit with increasing needs from the individuals who require their services. To make matters worse, generous donors are struggling with their own financial issues resulting in less donations to their favorite charities. In times like this both donors and charitable organizations have to adapt and become more creative […] Read more at http://www.moneyguy.com/2008/08/tax-smart-and-creative-ways-to-better-the-world Learn more about your ad choices. Visit me...
Aug 27, 2008•30 min
Today’s show is a grab-bag of goodies. If you keep up with pop-culture, you’ve probably come across the show Extreme Makeover Home Edition. If you’re not familiar with this show, they select a family in need and makeover their home. One family they selected actually lived about fifteen minutes away from me, so when I […] Read more http://www.moneyguy.com/2008/08/fairy-tale-foreclosure-how-a-planner-works-and-dark-knight-review Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 12, 2008•27 min
The mutual fund universe is larger than ever and there are no signs of it slowing down. With more funds, more information, and easier access to this information, how can you go about selecting solid funds that are going to assist you in achieving your life goals? With help from InvestorWords and BusinessDictionary, let’s begin […] Get more information at http://www.moneyguy.com/2008/07/selecting-mutual-fund Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 31, 2008•29 min
We have a special treat for you on this installment of the Money Guy Show! I usually don’t have guests on the show, but today we’re fortunate to be joined by Liz Weston. As many of you will attest, Liz is an award-winning, nationally syndicated personal finance columnist with a unique gift for simplifying complex […] Read more at http://www.moneyguy.com/2008/07/liz-weston-loaded-celebrity-interview Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 23, 2008•36 min
Our banking system’s clearly under a lot of stress at the moment. Coming off a decade of aggressive mortgage lending, the system’s troubles have been compounded by a sputtering economy and retreating stock market. As an investor, you need to be smart about insulating yourself from the system’s problems. While I don’t want to be alarmist, a little effort now on your part could pay significant dividends down the road. If nothing else, you’ll sleep better with the knowledge that you’ve assessed you...
Jul 20, 2008•25 min
Pick your economic worry — there’s more than enough to go around: mortgage crisis? faltering U.S. economy? government deficits? skyrocketing oil prices? geo-political instability? rising inflation rates? As a financial planner, I see and feel the anxiety that my clients are experiencing. For most, the anxiety peaks each quarter with the arrival of their once-welcomed, […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 10, 2008•32 min
"If Thomas Jefferson thought taxation without representation was bad, he should see how it is with representation." – Anonymous Deferring taxes has always been a bedrock principle of retirement planning. The logic is simple: why would anyone pay the government now when tax-deferred accounts allow you to delay your obligation for 15, 25, and maybe […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 25, 2008•29 min
"Any man can be a father, but it takes a special person to be a Dad." – Anonymous Since we celebrated Father’s Day this past weekend, I thought it’d be fun to discuss how parents can help their children grow up to be financially responsible adults. Building on the ideas of Clark Howard, Dave Ramsey, […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 19, 2008•25 min
I think a lot about our culture and how the virtues of frugality and simplicity seem to have been forgotten by many of us. As never before, the popular media show us how ultra-wealthy athletes, entertainers, and business titans live, travel, eat, and dress. Combined with easy credit and a "want-it-now" mindset, we’ve started to […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 10, 2008•25 min
Professional financial planning is built on a foundation of trust. You entrust not just your money but also your hopes and dreams with an adviser and planner like me. Above all, you want your planner acting with your best interests at heart. And yet, Shakespeare’s famous advice — "Love all, trust a few" — rings […] Learn more about your ad choices. Visit megaphone.fm/adchoices
May 30, 2008•17 min
Love him or not, Dave Ramsey is a financial planning phenomenon. Consider his popularity: Ramsey’s syndicated radio program, The Dave Ramsey Show, is heard on over 325 radio stations throughout the United States and Canada. Besides being a radio personality, he’s written almost 15 books, three of which have been on the New York Times […] Learn more about your ad choices. Visit megaphone.fm/adchoices
May 20, 2008•35 min
Through my years as a financial planner, I’ve worked with a lot of couples and, unfortunately, seen many of the same money mistakes over and over again. Disappointing, yes … but also a sign that good advice for couples could help many families dodge these common investing pitfalls. In a recent article on Bankrate.com, Dana […] Learn more about your ad choices. Visit megaphone.fm/adchoices
May 13, 2008•25 min
Money-Guy 05-05-2008 With recent stock market ups and downs, immediate annuities are attracting attention from people looking to shelter themselves from volatility. But do they make financial sense? If so, for whom and when? (An immediate annuity, you might recall, is an investment product that’s purchased with a single payment and begins to pay out […] Learn more about your ad choices. Visit megaphone.fm/adchoices
May 06, 2008•38 min
Being a financial planner myself, I loved an article that The New York Times featured over the weekend, "Pick a Planner Who Can Spell ‘Fiduciary’". For those who don’t know me, let me assure you that while I might not be a great grammarian, I definitely know, understand, and can spell the word ‘fiduciary‘! 😉 […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 29, 2008•36 min
Chris Hansen from Dateline NBC devoted an entire hour on April 13, 2008 to the topic of equity-indexed annuities and the unscrupulous tactics sometimes used to sell them to seniors. (Recognize Hansen’s name? He’s best known for his work on the Dateline NBC television segment To Catch a Predator. These controversial investigations revolved around catching […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 22, 2008•24 min
If I told you about a popular investment product that was yielding 40% less than it did last year, you’d probably think it was one of the great financial meltdowns of 2008. But, what if I also told you that investors seemed indifferent to this product’s decreased yield and were actually accelerating their rate of […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 16, 2008•24 min
I’m short on notes today, but heavy on great information in the audio of the show. I first provide my detailed perspective on the performance of the market in the first quarter of 2008. I then talk at length about staying focused on why you invested in the financial markets in the first place. If […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 08, 2008•34 min
We’re currently in the final weeks of tax preparation season. As many of you know, I do just enough tax return preparation every year to make me wonder why I do taxes! Joking aside, I believe I’m a better adviser for my clients if I know how the tax code works. Still, it gets a […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 31, 2008•17 min
After you’ve been in an auto accident, you count your ten fingers and ten toes. Then, the stress sets in that you will have to deal with an insurance company. Don’t worry! In today’s show, I’m going to give you some tips to navigate through the process and protect yourself financially. Before we get into […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 24, 2008•20 min
I’m a day late with this post because I spent most of yesterday fielding concerned phone calls and writing a market update letter for my clients. It’s during these volatile times that good advisers prove their worth to clients, and as you can imagine it’s also a stressful time. With that said, I know that […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 18, 2008•43 min
If you’ve reviewed the Money Guy site recently, you’ve probably noticed that we added a fun "widget" which rotates through some of Warren Buffett’s wiser observations about money, business, and life. Most of those quotes come directly from his annual letter to the shareholders of Berkshire Hathaway. Every February, I eagerly await its release because […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 10, 2008•39 min
Money-Guy 03-03-2008 In this week’s show, I help you find $200 a month by just calling your "Ungrateful Providers". Now this does not mean that your auto or homeowner’s insurance agent is not appreciative of your relationship. It means that the insurance and utility industry are set up to take advantage of laziness. I am […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 03, 2008•19 min
I talk about the need to save for retirement all the time on the Money Guy Show. However, I have not done a show discussing what you can expect from these savings once you hit the retirement phase of your life. Before all of my young readers and listeners tune out or click to close […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb 25, 2008•27 min
I was asked to write a guest post for fivecentnickel.com that will be posted while nickel is on vacation. I decided to base my post on the timeless advice of Warren Buffett and some of his most notable quotes. As I was researching the post I could not help but notice a trend in Buffett’s quotes: growing money takes time and patience . Read more at http://www.moneyguy.com/2008/02/time-and-money-it-can-be-your-best-friend Learn more about your ad choices. Visit megaphone.fm/adchoices...
Feb 18, 2008•32 min
