December 10, 2019

Should I Invest in Active or Passive Funds & ETFs

I get asked about today’s topic on a pretty regular basis so I thought now would be a great time to discuss active and passive mutual funds and ETFs. I am including exchange-traded funds because, in recent years, some ETFs have become active. In today’s blog, I am going to explain the difference between active and passive funds as well as some of the pros and cons of investing in these types of funds. Whichever one is right for you, let’s make the choice a financially simple one!
December 3, 2019
Investing in Mutual Funds

Investing in Mutual Funds: A Comprehensive Guide

Over the past couple of months, I have focused a great deal on uncovering some of the mystery and complexities of investing. Today, I’d like to continue that idea by taking a look at mutual funds. This is a subject that is very complex and a simple Google search of the topic yields millions of search results. Obviously, neither of us has that much time on our hands so let’s just keep this simple. Join me as I simplify the complex world of investing in mutual funds.
November 25, 2019
wealth building compound interest

Why Should We Invest: Compound Interest

It has been said that compound interest is the eighth wonder of the world. He who understands it earns it and he who doesn’t, pays it. As business owners, we have to understand compound interest and put it to work for us. If we don’t, it will most certainly put us to work for it. This is why I want to take some time today to discuss the value of investing and more specifically, the incredible earning power of compound interest.
November 20, 2019
Diversification helps Strengthen An Investment Portfolio

How Diversification Strengthens Your Investment Portfolio

Asset diversification is one of the most cliché things in the world of investing. Even people who don’t know the first thing about investing have most likely heard of diversification. If you’ve ever watched any of the financial shows on MSN, FOX Business, or Bloomberg Television, you’ve probably heard some of the talking heads ramble on saying, “You’ve got to diversify your investment portfolio!” Well, if everyone’s talking about it, there’s probably a good reason. So what is diversification? Join me as we take a closer look at the sound reasons for diversifying our portfolios… in financially simple terms.
November 12, 2019

Investing In Your Own Business: Not Always The Best Strategy

As we continue our deep dive into the world of investments, I’d like to talk about an investment strategy that you may not have considered as a business owner. Because of the fact that I’m a business strategist, you might be surprised to hear me say I recommend NOT investing in your business… at least not solely. Although it may seem counterintuitive, you should be investing in assets that are outside of your business. Join me as I explain why investing in your own business may not always be the best long-term strategy.
November 7, 2019

Dollar Cost Averaging – Pros, Cons, And Using It to Increase Your Alpha

Nobody wants to be the one person in the room that has no idea what everyone else is talking about. With that said, today we’re going to talk about another term that you might often hear but may not fully understand – dollar cost averaging or DCA. What is it? What are its pros and cons, and how can it help you as a business owner?