When it comes to retirement, the main goal is to be able to retire when you want to. How you live becomes the next question. I think that everyone would like to be able to retire and not have to worry about money. They want to retire rich! Retiring rich doesn’t just happen, it takes work, planning, a little self-discipline, and goal setting. Here are a few rules to help your retirement nest egg grow. 1 – The number one rule that you must follow is to spend less than you earn. If you are always spending more than you earn, you will never have enough money to save. The key to not only being able to retire, but to retire rich, is to save. How much should you save? That depends on how long you h
For quite some time we have deliberated whether to augment our investments in diversified Exchange Traded Funds (ETF’s). The idea of augmenting is to add value to an existing status. We believe the stock market will present us with occasional opportunities to add an individual company’s stock to our portfolio of ETF’s; which in turn will add value to the portfolio. To make this idea of rifle shooting an individual stock into the portfolio, the following parameters would need to be observed: Investment time horizon of three to five years Ability to deliver better than “market” returns over the three – five year holding period Willingness to own “out of favor” company stock at time of inve
