Cornelius Vanderbilt was the patriarch of the family and an industrial-era railroad tycoon. He once told his son, "Any fool can make a fortune; it takes a [person] of brains to hold onto it." As it turned out, the Vanderbilt family didn't have enough brains.
When it comes to investing, uncertainty is the only certainty. There is always a headline to worry about - wars, viruses, debt-ceilings, Brexit, bubbles, elections, and on and on.
When it comes to investing, hitting bullseyes is extremely difficult and involves a lot of luck. Just because you correctly anticipate "the next thing" doesn't mean you'll actually turn a profit from it.
Pro Publica revealed that they had somehow obtained tax records for many of the richest people in the United States including Jeff Bezos, Elon Musk, and Warren Buffett. To a financial planner, learning the details of how the billionaires do this is pure catnip.
The Investopedia 100 celebrates financial advisors who are making significant contributions to critical conversations about financial literacy, investing strategies, life-stage planning and wealth management. With more than 100,000 independent financial advisors in the U.S., the Investopedia 100 spotlights the country’s most engaged, influential, and educational advisors.
If you aren’t content with what you have, you won’t be content with what you’d like to have.
It's quite possible that March 2020 was the lowest the market will ever be again. It was a frightening time, but successful investing depends on how you respond to scary events in the markets.
By most measures, Ryan Brady had everything going for him. He was brilliant, funny, and even in his success, he remained likable and humble.
Kyle has been honored to receive the 2021 Five Star Wealth Manager distinction after being nominated by his peers.
I'm writing this as I sit in the mountain town of Ouray, CO. During the pandemic, many people like us have hit the road for what seems to be the safest form of vacation: camping.
Long-term capital gains are taxed lower than ordinary income taxes, but can realizing this cause your wages or IRA withdrawals to be taxed at a higher rate?
Most of us had no mental framework for what a global pandemic would even look like. Movies like Contagion and Outbreak seemed more fantasy than a possibility for which we needed to prepare ourselves. But here we are, in the middle of a real "outbreak" and a self-imposed economic shutdown to contain it.
Sometimes, the bigger the cost, the harder it is to see. Investment mistakes can carry a higher price tag than expense ratios.
The idea of existing in absolute silence for two days – no conversations, no phone, no internet, no electricity – was as intriguing as it was anxiety-provoking.
So your company has decided to go IPO. Now what? An IPO is exciting, but it can also be overwhelming: you’ve received a sudden windfall, but you may not know how to navigate all the potential implications of an IPO.
The Investopedia 100 celebrates financial advisors who are making significant contributions to critical conversations about financial literacy, investing strategies, life-stage planning and wealth management.
Quarry Hill Advisors Named One of Best Advisors in St. Paul. We have grown into a firm whose service to clients and resulting success has been recognized across the country.
It was just another ordinary travel day for Jennifer Riordan. As a 43-year-old bank executive and mother of two, she was well accustomed to business travel. She kissed her kids goodbye and headed to the airport to board Southwest flight 1380 bound for Philadelphia.
You likely received a few Christmas cards in the mail this year. Did you receive any cards where the parents had their eyes closed? Any with a child throwing a tantrum? Picking their nose? Probably not.
2018 included numerous examples of the difficulty of predicting the performance of markets, the importance of diversification, and the need to maintain discipline if investors want to effectively pursue the long-term returns the capital markets offer.