FINANCIaL
FIELd NOTES
The Math Behind Term vs. Whole Life Insurance
When deciding on life insurance, you have a lot of options to choose from. I am often asked about my opinion between whole life and term insurance. Whole-life policies are designed to last your whole life, while term insurance only lasts for a certain amount of time.
In general, I am an advocate for term insurance but there are some benefits to whole life…
Why Chasing Winners Rarely Works
Having a diversified portfolio can be an agonizing experience. On one hand, you will always have some exposure to the best-performing investments, but it will never be as much as you want it to be.
For the past decade, it has been difficult to own small-cap stocks, international stocks, and value stocks. US growth stocks and REITS have been some of the best investments. But even these investments have had some terrible years…
How We Can Interpret Data Better
My favorite read last year was Factfulness by Hans Rosling. It provides insight into how to approach data - particularly data related to hot button issues. A lot of the book can be boiled down to “ask the next question.“
For example, the other day I saw this headline - “Pasta may be good for your heart health.” I love pasta as much as the next person but I was skeptical…
Making Sense of Medicare, Part 2 – The Cost
Last week, in Part 1, I reviewed the 5 pieces to Medicare and the 2 main ways to get Medicare coverage.
This week, in Part 2, I will outline the cost for the 2 options.
Making Sense of Medicare, Part 1 – The 5 Pieces
Medicare is a confusing topic to navigate, in part because there are so many choices. In the first part of this series, I will discuss the various parts of Medicare. Next week I will discuss the cost of putting these pieces together.
There are 5 pieces to Medicare…
Being Greedy When Others Are Fearful Is Hard
You have likely heard the saying “Be greedy when others are fearful, and fearful when others are greedy.” It sounds simple in theory – be a buyer when stocks are cheap and a seller when they are expensive.
But why is that so hard?