The rich invest to make their money grow. Unfortunately, too few of us follow their example. We put off investing because we think we’ll be in a better financial place in the future. We tell ourselves that later on we’ll have more money to invest. Unfortunately, later never arrives as we inherit more obligations. A spouse and kids cause expenses to skyrocket, while your … [Read more...]
Why Boring Is Beautiful When It Comes to Your Money – Index Funds
Warren Buffett is the third richest man in the world and has been hailed as one of the greatest stock pickers of all time. But you might be surprised the advice he is giving to his future heirs. Instead of investing in individual stocks or mutual funds, when Buffett passes away he wants his wealth placed in index funds. “My advice to the trustee could not be more simple: Put … [Read more...]