The Importance of Diversification
You may or may not know that during the Great Depression, the stock market went down 89%. If you had a $200,000 portfolio, that leaves you with $22,000. Catastrophic. Not to say that will happen again, but… it might.
Why the Market Blew Up
I think we have heard enough about the yen carry trade, although that was certainly a contributing factor. Fine, we will rehash it here…
Financial Nihilism
Attaining wealth is harder these days, but in some ways, it is easier. I would not worry too much about it. Think about the future, or the future will think about you.
The No Worries Way
I am in New York for the launch of No Worries. Let’s talk about all the personal finance decisions I made to get here.
The House, the Car, and How Much to Save for Retirement
I follow a personal finance guy on Twitter, and I actually did an interview with him years ago. He’s a terrific guy, and he came up with some basic financial rules.
Layoffs Are Traumatic but Not the End of the World
Let’s say you just got laid off from your job. You’re probably pretty upset.