Dan Egan answers questions on conflicts of interest of robo-advisors.
Financial Planning
Bogleheads® Live ep. 9: Mike Piper on Social Security
Mike Piper, CPA answers questions from the Bogleheads ® on Social Security, investing, and more.
Should I Buy Insurance?
Insurance is best used to protect us from big losses—those we cannot afford to self-fund. When we self-fund, we manage expenses ourselves with our existing savings.
How to Interpret Monte Carlo Outcomes
How do I present probabilistic outcomes (i.e., Monte Carlo simulations) to financial planning clients? I was asked this question recently – while consulting with a company on developing their financial planning software. Fortunately, the answer is straightforward: frame Monte Carlo results not as the likelihood of financial plan failure, but as the “probability of adjustment.” […]
Direct Real Estate for Cash Flow in Retirement
In a previous post, I discussed how stock market investing was superior to California real estate investing. This conclusion was based on the investment returns available with each strategy; in a flat out annualized returns vs. annualized returns comparison, the stock market outperformed. (Even in a successive analysis that considered leverage, stock market investing was […]
Don’t Buy a House; Take a Sabbatical Instead
I’m writing this just a few feet from the beach – from the comfort our little self-converted recreational vehicle (RV). This is roughly our seventh month on the road – and almost one year since I’ve left the office. As I’ve enjoyed learning a whole new skillset in the van-building process (electronic schematics, electrical soldering), […]