The Dangers of DIY Investing
Jeremy Reif
August 22, 2024
When you know enough about your finances to be dangerous, you could get into some tricky situations.
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When you know enough about your finances to be dangerous, you could get into some tricky situations.
How do I pay as little tax as possible over my lifetime?”
We are often told that we need $-X amount for a 20-year retirement, or that we should contribute $-X amount to our 401(k).
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These financial questions are so common they are asked almost daily. Finance is a complex and ever-changing topic, so it’s no surprise that people have
Who carries cash these days, credit cards are a convenient factor
In running a boutique financial planning firm, I often get asked by clients or the local media to comment about credit cards. What are your thoughts about credit cards, and do you recommend them? For the most part, we have a conversation that goes a little something like this.
If you follow people like Dave Ramsey, he recommends that you avoid them at all costs because they allow people to spend money they don’t have and get into debt. Yes, Dave is onto something here, and is good generic advice. I believe that this subject has more to do with proper/improper financial education as well. Therefore, Ramsey is wrong as well. Well, I am not more than 2 paragraphs in and just contradicted myself. Let’s dive a little deeper into this.
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