Do I Need Personal Financial Planning? Planning for a secure financial future is a must! It can be done, and is not easy. Maybe you’re saving to buy your first home. Perhaps starting your own business is a dream. The costs of a college education have spiraled and you may wonder how you will pay [...]
Yesterday I saw, and I hope you saw that WB is not a fund manager. However almost all his thoughts on investing are worth reading and re-reading. Let us look at something very simple. WB says choose simplicity over complexity. Keep it simple. Do what is easy and simple – leave the complicated things to [...]
There are many companies which have given fantastic, scorching returns. Microsoft, GE, Berkshire Hathway….are some examples. Berkshire Hathway, well er is a fund..or so you thought. Let me tell you, it is not. Mr. Buffet is a brilliant businessman, fantastic stock picker, (fantastic bargain picker – look at the recent offer to pick good bonds [...]
Insurance is mandatory if you have a car! If your car is worth insuring what about other assets? Most doctors need at least some insurance to be in place as part of their overall financial plan. The question is how do you work out what insurances you need, how much and what for? And which [...]
Delayed gratification is so boring! Particularly when it comes to finances, constantly pinching pennies and saving all your extra cash is pretty darn boring when you get right down to it. Which is why so few people do it well. There are too many fun things to spend money on.Yet, unrestrained spending (especially the kind [...]
Or Why you do not need an investment consultant ! If you need bypass surgery, you should find the most qualified surgeon available. If you’re getting sued, you should hire the best defense lawyer in town.These 2 are fairly obvious and I do not think you can do your own root canal surgery, brain surgery [...]