What would Warren Buffett do?
What would Warren Buffett do?
Today's market activity can shake the confidence of even the most experienced investor. Each day seems to bring more bad news, and it is hard to endure the effects on your portfolio. More important, during these difficult times grave mistakes can be made to your long-term investing strategy. Now is a good time to sit back and ask yourself about your approach.
...How much will you need to retire?
You need retirement income and are counting on your retirement accounts to be a money machine. The question is-how much can you take from the machine without breaking it? A recent study shows most upcoming retirees have little idea how much money they can safely withdraw.
Traditional calculations claim that you can spend about four percent of your investments each year and never run out of mo...
Financial Planning and Market Decline
What should you be doing?
At times like these in the markets, people tend to forget why they invested in the first place. Granted, it is pretty scary when the money you were counting on for retirement, education, or your home is rapidly declining in value. However, as we have cautioned all along-please don't panic. Here are some tips to help you survive the current downturn:
1. People are...
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