by Michael Lecours | Aug 1, 2016 | Saving, Saving for College, Uncategorized
Someone can reach an ambitious financial goal (such as saving for college education) despite having limited cash flow available to fund the goal. The goal can be accomplished by using a creative saving strategy called a serial payment. Many clients that I have worked...
by Michael Lecours | Jul 30, 2016 | Saving, Saving for College, Uncategorized
In a recent post, I argued that there is a flaw in the most common approach saving for a big goal like college education. I argue that in some cases, saving for a goal should be done the way you would if you were to begin training for a road race. If you begin to...
by Michael Lecours | Jul 28, 2016 | Saving, Saving for College, Uncategorized
The most common saving strategy is where the investor saves a specific and set amount of money on a regular basis. For example, $200 is automatically set aside (and possible invested) by a young family every single month to fund future college education expenses until...
by Michael Lecours | Jun 25, 2016 | Cash, Finding Confidence, Investment Behavior, Personal Development, Saving, Saving for College, Uncategorized
Recently we introduced The Money Management Tool to help clients better organize their financial lives. The tool has lots of features and we will occasional explain how some of the features are being used by our clients (or should be used) to help them reach their...
by Michael Lecours | Jun 5, 2016 | Personal Development, Saving, Uncategorized
To reach financial goals, many investors focus on their rate of return. But more important than the portfolio’s rate of return is the amount contributed by the investor. If an investor can save and invest more, it takes the pressure off the portfolio to do the work. ...
by Michael Lecours | Jun 3, 2016 | Finding Confidence, Personal Development, Saving, Uncategorized
Money Magazine’s recent article on career skills shows that an entirely new breed of skills are needed to remain competitive in today’s markets. The top four skills all deal with data – data mining, data modeling, search engine marketing and statistical analysis. ...
