What is style drift? Style drift is when the fund you are invested in drifts away from its investment objective. Why is this problematic? How can it impact your portfolio if your mutual fund is not actively managed? In this episode of Best in Wealth, I will share more about style drift, give an example…
“How much do I need to save for retirement?” This is a question I am asked all the time, often before I know anything about the person I am meeting with. Do they need $1 million? $2 million? People talk to friends and family about retirement and question if they have enough. People often think…
Everyone is familiar with the top 10 companies in the US. We are talking companies like Apple, Microsoft, Google, Facebook, etc. But should you have a large amount of money in the top ten? They have all done really well the last 5–8 years. How many of the top ten biggest companies should you have…
We can all agree that sleep is important, right? Children need 9+ hours of sleep. Adults need at least 7–8 hours of sleep. In our house, we go to bed really early, between 8:30–9. Why? If I do not get a good night’s sleep, everything else goes wrong. Many people struggle to get a good…
Everyone listening to this podcast is going to die someday. It is not always fun to think about, but it is true—death is our destiny. What do you want to do with your life before you die? Are you putting things off consistently, saying “I’ll do it later?” What if there is no later? It is…