I watched a video from Cody Gunn, CFA, on eight assets that wealthy retirees often avoid. The point was not that every item on the list is always bad. The better point is that many things people call “assets” can quietly become liabilities once you account for cost, complexity, liquidity, and opportunity cost. That matters because retirement is not just about owning more things. It is about having more freedom. If any of these items are part of your financial picture, the question is not, “Is...

Most people spend too much energy focused on things they cannot control. They cannot control the economy. They cannot control inflation. They cannot control interest rates. They cannot control tax law changes. They cannot control what their employer does, what their adult children do, or what the market does next. Those things matter. They can affect your life and your money. However, they are not where financial progress begins. In my opinion, most financial progress starts with a simple...

Why Successful Investors Forgive Fast and Plan Forward Most investors spend a great deal of time thinking about what they should have done. They should have bought that stock sooner. They should have sold before the decline. They should have contributed more to their retirement account. They should have started planning years ago. The problem is that financial success is not built on perfect decisions. It is built on making the next good decision. Behavior expert Chase Hughes describes one of...