Black Friday is coming! This year it's November 27th, roughly a week away. Are you planning on hitting the stores at 5am? Are you planning on sitting with your smartphone or tablet all day? In recent years, Black Friday has had less meaning because retailers have begun offering sales on Thanksgiving Day. Apparently, many of us need a break from watching the Lions lose and … [Read more...] about 10 Ways to Save Big Bucks on Black Friday
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Due Diligence
An important part of the investment process is the due diligence involved. What is your investment process and strategy? If you don't have one, putting the work in to develop your strategy that is in line with your risk tolerance and other individual suitability factors is a good first step. Then do your homework and thoughtfully construct your portfolio. If you lack the time … [Read more...] about Due Diligence
How Much Diversification is Enough?
Studies have shown that diversification benefits diminish after 30 stocks in a Portfolio. However, some investment managers add more and more securities to portfolios as they raise assets. The practice of adding too many securities for diversification purposes has significantly diminishing results on risk reduction. While diversification has many benefits, the process of … [Read more...] about How Much Diversification is Enough?
How to Find More Time in Your Day
Ever feel like there aren't enough hours in the day? Of course, you do. More often than not, the typical American family consists of two working parents and two children. According to the New York Times, from 1960 to 1980, the number of married women in the paid labor force nearly doubled, from 12 million 23 million. That trend has only accelerated in the past 30 years. It's … [Read more...] about How to Find More Time in Your Day
My First Blog Post
Today is November 7, 2017 and I have officially started my new blog, See The Forest Through the Trees. In this blog, I aim to put conventional thinking to the test. I hope I am able to provide pertinent information related to personal financial planning. There are many people out there looking for financial guidance and tons of people out there willing to provide it. This … [Read more...] about My First Blog Post