The recent furor between personal finance icon Suze Orman and members of the FI/RE movement shows a significant gap in the language all savers, investors and retirees are using. Fixing the problem means coming up with new definitions for common terms. FI/RE stands for “financial independence/retire early” and its proponents tend to …
Marty in East Weymouth, Mass., asked recently if I would tackle what he considered an “oddball question.” His problem is one everyone might wish for: Too much cash. “I have a lot of cash and not much in investments,” he said. “I don’t have much faith that I will be in the …
Over breakfast one summer morning in the late 1990s, I asked Vanguard Group founder Jack Bogle – creator of the index fund and staunch believer in passive investing – what he would say to anyone who suggested that frothy times had made it “a stock-picker’s market.” I can’t recall Bogle’s exact answer, but …
Steven S. in Sylvania, Ohio just hit one of his lifetime savings goals, and now he’s freaking out. You’d think it would be a big celebration, reaching a big round savings number ahead of the rule-of-thumb schedules for being able to retire comfortably. Instead, Steven’s freak-out is that he’s worried about breaking …
The buzz around Jeopardy! superstar James Holzhauer was so big that I had to tune in to a game show I hadn’t seen in years. Holzhauer had purportedly “broken” the game – now in its 35th year – by turning traditional strategy on its ear; the winning did not slow down as the …
