I am sure we have all heard the expression “you should never put all your eggs in one basket”. Imagine you have a straw basket. In it, you decided to throw all the eggs you were going to eat for the week. While carrying it, you stumble over and drop the basket. In that fleeting moment, all the eggs you had preciously accumulated were destroyed.Read More
As baby boomers retire, the strain on pension funds has been immense as they will have to meet increasingly large future liabilities. Due to this situation, the past decade has seen a sharp shift towards employers offering defined contribution plans instead of defined benefit plans. Why the big shift? By taking a look at both plans you may notice why employers have been opting for one over the other.Read More
To have a healthy diet typically requires you to eat a variety of foods that will allow you to obtain the nutrients necessary to keep your body functioning at its optimal capacity. It is not without reason that your parents wanted you to have your vegetables!
You may be wondering, “Why in the world is he speaking about nutrition? I thought this was about finance!”
The fact is the concept of a well-balanced investment portfolio closely mirrors that of a healthy diet.Read More