Millions of investors keep their retirement savings in the same bank-managed balanced mutual funds. They pay about 2% a year for mediocre performance and little to no advice.| Boomer & Echo
The dividends-versus-total-return debate has (mercifully) cooled. Most investors now accept there’s nothing magical about dividends – it’s just cash carved out of total return. The real “magic” is reinvesting, i.e., putting the slice back into the cake so it keeps baking. And yes, ex-dividend, a stock’s price typically drops by roughly the dividend amount –…| Boomer & Echo
Like a lot of money nerds, I’ve always loved a detailed budget. There’s comfort in seeing where every dollar goes, especially when life throws its usual mix of irregular income and surprise expenses. Still, I was curious: what would happen if I ditched the details and looked at our finances the way author Ramit Sethi…| Boomer & Echo