We Can’t Afford It Remains Taboo

I had a conversation with friends on vacation earlier this year and the subject of money was raised a few times.  One interesting money subject we discussed was where and how we spend our money.  I’m of the opinion that…
Seven Smart Investing Principles for Everyone

Last fall, I obtained a copy of this document from PWL Capital entitled Seven Principles of Smart Investing.  After reading this through this white paper I reflected upon how we’re applying these principles. 1. Ignore ‘hot’ investment tips We do. …
ADKAR – A Model for Financial Change Too

I’ve read something to the effect of the following when it comes to change: Change initiatives wouldn’t be so hard if we didn’t have people involved… How true. The *ADKAR® framework is a popular change management framework because the concepts…
Crazy things people say about money

I’m not one to judge but every so often I’ll hear a comment about money that just makes me shake my head. I’m not even talking about people being misinformed; some of these statements I’ve heard are straight out crazy. “I…
Why buy individual stocks at all?

This was the question investing expert Larry Swedroe recently challenged investors in this article here.  I agree with most of what Larry says, hard to argue with the evidence and his expertise, but there is one thing I’m still not…
In Defense of Active Investing

In Defense of Active Investing This post is from Ryan Modesto, Managing Partner at 5i Research, a fan of My Own Advisor. Momentum behind passive investing continues to gain steam and with it, a large and vocal group of supporters has been…
My personal finance a-ha moments

I spend a lot of time using My Own Advisor to share what’s working with our financial plan and how incremental money management changes are moving us towards financial independence.  I’ve also shared some money management mistakes on this site. …