One of the worst investment decisions I recall making was buying a stock at close to $100 per share and literally watching it go down to a single-digit number. Does anybody recall Qualcomm in 1999 -2021?.
It was my introduction to anchoring bias – read the post to learn how you can avoid this investing trap
The 6 simple steps to take to open a teen ROTH IRA account, and get them started on the path to becoming millionaires.
While most view a Roth IRA as an account to be opened later in life, the best time to start saving in this account is when teens are beginning to make their first buck.
April is financial literacy month – it’s a great time to teach kids how money works. One method is to use the “cost sharing plan”. This is how my parents used the plan with us, and considering that I’m using it with my kids today, I have to admit it worked!
