Warren Buffett likes to counsel individual investors to buy-and-hold (specifically, buy an equity index fund and hold it forever). This is a perfect example of “do as I say, not as I do,” as Buffett has successfully timed the market for decades and, [interestingly,] Buffett is now carrying his largest cash position ever in stark contrast to individual investors who now hold their smallest cash positions since the height of the internet bubble. Clearly, he’s timing once again and I’m sure a few of you are wondering just how he manages to do this so successfully. [Let me explain.]

Now’s the time to establish your own small army of financial drones - and fly your own path to financial success. This article shows you how to do just that.

Cognitive biases plague us and make it difficult for us undertake adequate analysis and make good choices so knowing about them is imperative if we are going to deal with them. This article identifies 10 such biases and how they impede us making the right investment choices.

While it is never too late to buy gold one look at the current gold:silver ratio clearly suggests that silver and/or the stocks and warrants of quality gold and silver miners and royalty companies are a MUCH better buy at their current prices than buying gold.

There is a crucial component of the investment process that gets surprisingly little attention: our investment default settings. We can use them when we aren’t sure what to do, when we’re deciding what to do, when our circumstances have changed but our plan hasn’t (yet), or when we’re just starting out. Here they are.

Most investors don't know anything more about diversification than you "shouldn't put all your eggs in one basket" [but] spending some time trying to understand the ways you might be shooting yourself in the foot could seriously enhance your portfolio returns and stop catastrophic risk. [There are some advantages to diversification if you REALLY know what you are doing but the shortcomings can go a long way towards killing your portfolio returns. In this article we identify what they are and how best to avoid them.] Words: 1055

Those that read this site regularly know my pessimism regarding the future. People frequently ask: “What do I do to protect myself and my family?” or “What should I invest in?” While this discussion will not provide you with specific answers, it should provide a framework that may be useful.

A big financial challenge retirees face is ensuring their savings last the rest of their lives. It’s a daunting task for those making the transition into retirement as well as for those already in retirement. While saving as much as possible during your working years is important, the decisions you make in retirement are also very important. Fortunately, there are steps you can take to improve your odds of financial success. Here are 10 of them.

Conflicting money philosophies can wreak havoc on a relationship so, before the rings, discuss the strings. You don’t need to be money twins about financial matters, just hold similar core values because if the relationship with money varies dramatically from your beau’s, you can rest assured conflict will eventually tarnish the bliss.

Investing is often described as the process of laying out money now in the expectation of receiving more money in the future. Investment possibilities are both many and varied. There are three major categories 1) currency-based investments, 2) gold bullion and 3) investment in productive assets, and it's important to understand the characteristics of each. [Let me explain the differences and why I choose the latter.] Words: 1780