There is a popular notion held, and spread, by commentators and advisors…
Stocks outperform bonds over the long run.
There is only one issue with this assumption; it may not be entirely accurate.
“…according to research by Ibbotson Associates, as reported in “USA Today” last year, bonds actually outperformed stocks over the past 30 years. Ibbotson’s bond index, comprised of a broad cross section of bonds, returned 11.03% per year on average over the previous 30 years, compared with a 10.98% return for the S&P 500 during the same period,” according to James A. Klotz, FMSbonds, Inc. President.
Our friends over at FMSbonds, Inc. discuss this matter in more detail. For more of the story, head over to the FMSbonds website.
Play along with me here:
You’re a family physician, and a pretty well-to-do one at that.
A friend of yours has four children and constantly calls you whenever his or her child has a sniffle. What do you do?
A.) Politely answer their questions, time after time, day after day, phone call after phone call.
B.) Recommend they pay a visit to your office and actually consult with you professionally.
Sometimes, friends may seek professional advice from other friends — and that’s perfectly O.K. But, how do you know when they cross the line of a friendly question, to a full-fledged client?
“It’s great to be an expert in your field, and it’s flattering to be asked for your opinion or advice, but sometimes people cross the limits of personal and work-life boundaries. Just because Jonas Salk gave away the polio vaccine for free and Craig Newmark refuses to charge for Craigslist, you don’t have to be a philanthropist too,” writes Jodi Glickman, CNN Money columnist.
As altruistic as you may be, you don’t have to provide unlimited counsel to friends and family around the clock. You should be helpful when you can, but you are entitled to put meaningful limits on the pro bono advice you dish out regularly.”
An individual may feel obliged to help his or her friend just because, well, it’s a friend. Nonetheless, even though the line between professional and friendly advice may be blurry from time-to-time, there is still a line and it’s probably best to know when it has been crossed.
Read on at CNN Money.
Usually, we can tell when we’re in financial dire straights.
We’re living paycheck-to-paycheck. We’re in over our heads on our mortgage. Bill budgeting has become a hassle but a necessity. Etc. etc. etc.
But, what there may be those out there who are on the complete opposite end of that spectrum. There may be those who have a magnificently clean bill of financial health. But how do you know if you’re one of those individuals?
There are certain signs, seven of them to be exact, that Yahoo! Finance’s The Exchange have compiled to figure out whether or not your finances could be given a squeaky clean bill of health.
“We spoke with a few certified financial planners to get their thoughts on what kinds of benchmarks people can use to gauge their financial health. One caveat: It’s important to note that everyone’s situation is unique and it’s not very useful to apply a blanket rule across all age groups,” writes Lisa Scherzer, The Exchange columnist.
So, what are these benchmarks?
What kind of signs should you look for?
Well, head over to Yahoo! Finance and find out.
Let’s say you’re thinking about applying for an auto loan to purchase that new car you saw in a thrilling Super Bowl commercial. Well, if this is the case, you should probably be well-aware of what your credit score is.
“Why?” you might ask.
When determining your loan rate, the organization you are going through may take a good, hard look at your credit score.
This isn’t the only number that you should be aware of, though.
Yahoo! Finance has compiled a list of five financial figures that you should probably know by heart (or at least take a peek at from time to time).
Head over and take a look at what other financial numbers you should make yourself aware of.
Sometimes we accidentally forget to flick the light switch when we leave a room, or we keep our cell phone charger in the wall after we’ve charged our phones. We may just shrug it off, not thinking that this is adding too much to the electric bill — but you may be surprised.
Believe it or not, there may be quite a few little things you can do that will cause your overall expenses to drop significantly. Things like the aforementioned, who you live with, and even the brands you buy can either add or decrease how much money you shell out.
“To err is human; to make budgeting mistakes, totally human as well. Most people are not aware of the little budget traps we get caught in, because life is so busy that it’s hard to keep track of the smaller money details. But being careless can rack up higher bills,” writes Emily Co of Popsugar.
Co has compiled a list of 13 things that are causing your bills to skyrocket. Read on and find out how to lower your monthly expenses.