Take 225 million monkeys, 225 million bananas and 225 million coins—add some basic rules — and you end up with one of the most noted investing theories of all time. It works like this: Each day, the monkeys flip the coins once, calling heads or tails. If the monkeys call it correctly, they win a banana from those who called wrong. The losers drop out, and the next day, all of the previous day’s banana winnings are put on the line.
A lot goes into a wedding; but a lot more goes into a marriage. When planning your big day, don’t forget to take time to talk with your partner about the realities of life that come after the “I do’s”—especially your finances. The truth is that money-related issues are often the cause of disagreement (and ultimately, arguments) between married couples. By getting on the same financial page now, you may be able to save yourself from certain cash conflicts and feel more secure in your financial future.
After several years of wallowing in financial upheaval caused by a severe recession and financial crisis, Americans are, once again, looking to the future. A renewed confidence has many people setting their sights on long term goals that, just a few years ago, may have seemed out of reach. However, as too many people have painfully learned, simply having a long-term goal, whether it’s an early retirement or a college education for your children, is not enough to realize your ambition.