The cost of financial advice

I promised a more objective way of choosing a financial planner in my recent blog on how advisors dress. How they charge is a good place to start. Not only will it tell you the cost of the service, but it will give you a good idea who you’re dealing with. Liz Frazier...

Warren Buffett’s Secret Ingredient

As with many favorite recipes, the ingredients are simple but the dish is a crowd pleaser that is served time and again with predictable results and rave reviews. As you know, Warren Buffett’s secret investing ingredient is the low-cost S&P 500 index fund...

Should a Financial Planner Dress Up?

An odd question but one that was the topic of a recent Michael Kitces blog where I learned about “countersignaling”. The Kitces blog is a popular one with financial planners; this one was written by Derek Tharp, a Research Associate at Kitces.com and a Ph.D. candidate...

They almost had me…

It was the end of the year and I was getting my car serviced when the new service manager introduced himself and gave me some FIAT swag – a nice water bottle customized to fit the holder. Then he asked if I’d consider buying an extended warranty. My car was just out...

It doesn’t get much better than this…

  In a recent Freakonomics episode, four heavy hitters chatted about active versus passive investing. Sound dry? Not at all! Below I’ve shared some of the best of the podcast but I heartily recommend listening to these super-heroes of the everyday investor....