Regular readers know that Mr. ToughMoneyLove is a baby boomer and that I write a lot about retirement planning at my Go To Retirement blog. That blog has garnered some substantial publicity lately, having been mentioned in both the New York Times and the October issue of Money Magazine.
Readers may also recall that I have been studying the work of Zvi Bodie, a professor of finance at Boston University. I first mentioned Prof. Bodie in my post on How Long Can this Bear Market Last and later read his book on Worry Free Investing. I’ve used Prof. Bodie’s ideas in our retirement income plan and now I’ve developed a system to help others do the same. Read more
Today you are going to read my views on first investments for beginners. That topic seems strange for a baby boomer who is probably considering his gazillionth different investment option. On the other hand, the high school and college graduation seasons have just concluded, causing me to reminisce about my first ventures into the investment world as a younger person. Read more
The first quarter of 2009 has ended. Thus, it’s time to formally re-visit a couple of performance metrics in the Mr. and Mrs. ToughMoneyLove financial empire. (OK – our financial realm is more like a hamlet than an empire but it’s still important to us.) Read more
Mr. ToughMoneyLove has spent a good part of the past five months being critical of others who use poor judgment in matters of personal finance. Many of my targets have been politicians, Wall Street investment bankers, and disciples of the almighty credit score. Depending on your own attitude about these subjects, I may come across as an arrogant know-it-all. There is no question that I infuse my writing with heavy doses of skepticism and sarcasm. However, none of my targets have been you personally. When I write, no offense is intended to any of you and, I hope, none taken. (There have been a few obnoxious comments left but I use the ultimate weapon on those folks: I delete their comment.) Read more