You’ve probably been told before to prepare for the unexpected, and that’s good advice. And being prepared for the unexpected includes your finances as well.
In the event of a job loss, medical expense, or other form of unexpected financial damage, it’s important to have an emergency fund. So once you’ve asked yourself what’s the worst thing that could happen to you financially, you’ll need to figure out what you’d need should disaster strike…
Continue reading Being Financially Prepared for the Unexpected
Investing for the “long-run” is a very compelling mantra—at least for those who have a long-run ahead of them. For the investor who is currently 105 years old this article may be somewhat less useful. If you’re younger than 80 years old—I think it will apply. The question is simply this: just how long is the “long-run”? Is it 2 years? 5 years? 10 years? Or even longer?
