Keen On Retirement™

Today’s episode is a basic primer on bonds and how they are a key building block in a diversified portfolio.

If you’re trying to figure out how much money you need to retire, that’s a pretty common reason to seek professional financial advice. But there are several other life situations where seeking financial advice may not be so obvious—yet could be the best call you make.

Today, we’ll help make the job easier by discussing what questions to ask and what characteristics to look for when you are trying to find a financial advisor.

You can learn a lot by hanging around Warren Buffett and Charlie Munger for six hours. Today, we’re going to discuss what we learned by attending the Berkshire Hathaway annual meeting in Omaha.

When it comes to making money decisions, humans are not always logical. We have a tendency to make behavioral mistakes and let emotions get in the way. Whether it’s being overcome by fear or greed, or letting the recency effect or confirmation bias cloud our judgment, these and other biases can hurt our investment returns.

“History doesn’t repeat itself, but it rhymes,” according to a popular Wall Street saying that is often (mis)attributed to Mark Twain. No matter the source, it makes good copy! Looking beyond its cleverness, the saying does make sense. History never exactly repeats itself but closely studying financial market history can help us avoid making big mistakes in the future.