November 6, 2013
After making payments every month for the past 22 years, a good friend will achieve a major financial goal next month: he will be making his last mortgage payment. His house will be paid off, giving him complete ownership of his most important...
June 27, 2013
I’ve done some church shopping since I’ve been home, trying out new places and faith traditions. One I just went to was hosting a silent auction as a fundraiser, and the item that caught my eye was a $15 bid for two one-hour sessions...
June 25, 2013
There are many ways to merge finances. LGBT couples can keep separate checking accounts and each deposit a monthly amount to a joint checking account to...
May 8, 2013
My mother recently learned how to play Solitaire, the one-person card game, and often plays online for extended periods. But every so often she gets stumped and will call me with a question; she now refers to me as her solitaire coach.
April 24, 2013
Not long ago, I picked up my daughter from school and discovered that her entire class was punished because another child misbehaved and interrupted the day’s instruction.
After hearing her story, I recalled that the same classmate...
April 1, 2013
When interviewing a money manager, most investors want to know investment performance. It is a natural question, but there is much more you need to know beyond absolute returns.
In lieu of focusing exclusively on annual performance, it will...
February 6, 2013
It is always helpful to start with why you are considering an investment:
What role does it play, and how will it fit into the mix of your current funds? Is there any overlap that should be eliminated?
When buying based on a...
February 1, 2013
It's never about the money.
So what is it then? In my personal experiences as a financial therapy client, private school graduate, personal assistant to high-net-worth individuals, yoga instructor, secondary school educator, and...
January 28, 2013
Every financial adviser faces the uphill battle of building a customer base through referrals, networking, cold-calling and marketing - and the memory of his early days of seeking clients still haunts Christopher Dewdney.
"The first years...
January 24, 2013
Fast-changing features on social media sites are triggering a new wave of compliance challenges for financial advisers at a time when many are just becoming comfortable with the technology in the first place.
As social media sites such as...