A March Madness Investing Lesson

It’s March, which means millions of Americans are spending or wasting, depending on your point of view, many hours watching and discussing college basketball. It’s tempting to think that this crazy period where loveable underdogs and mighty powerhouses battle for glory on the courts is only about sports. But maybe not.

5 Ways to Simplify Your Financial Life

You’re busy. I’m busy. Aren't we all busy? All our obligations often add up to crazy schedules and not enough down time. There are ways, however, to eliminate some of this busyness by simplifying our financial lives. Here are five tips to get you started:

How Popular are New Year's Resolutions?

The New Year has arrived which means millions of Americans are making resolutions in hopes of improving their lives. Are you one of them?

About 45% of us make a New Year’s resolution, according to the Journal of Clinical Psychology at the University of Scranton. Not surprisingly, many of the resolutions focus on improving our health and our financial bottom line.

The Invisible Tax Hit

When you check your mutual fund investment returns, do you believe their performance figures?

If the fund says it rose 10% for the year, for instance, do you automatically assume that your portfolio enjoyed the same boost? Actually, you shouldn’t.

Many times the figures won’t match because of taxes. With the exception of retirement accounts, your actual returns will usually be lower due to the tax drag.