by Jay Beattey | Aug 26, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
When markets climb into record territory, Wall Street-types start talking up risk management strategies. Here are three – and why they’re suspect: Dollar-Cost-Averaging – buying a position bits at a time, to “average” the overall cost basis of the...
by Jay Beattey | Aug 15, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Who doesn’t? Everybody dreams of fine things and a comfortable retirement. It just takes money. But building wealth today – and far into the foreseeable future, will require a different skill set, and different strategies than those that served our parents over the...
by Jay Beattey | Aug 15, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Why would I title a blog about building wealth, “how to fail”? Because part of a viable success strategy means figuring out how we could screw it up – and eliminating failure as a possible outcome. While it may seem there are endless ways to fail, the good news is...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance, Wall Street, Wealth Building
Stock markets are at all-time highs – even as the economy remains stuck in neutral. That has even the Wall Streeters nervous – and they’re preaching “diversification” to their clients. But diversification will do little to protect an investor from an...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance
In our last article Jack and Jill each had $100,000 of cash – and bought identical homes next door to one another. Jack paid cash for his, while Jill invested her cash and took out a mortgage to buy her home. Both homes appreciated to $110,000 one year later,...
by Jay Beattey | Aug 1, 2013 | Articles, Personal Finance
Let’s solve one of the great financial debates of all time. Does home equity generate a return on investment? Jack and Jill both have $100,000 of cash – and both decide to buy identical houses next door to one another – each priced at $100,000. Jack uses...
