A friend called me a few weeks ago wondering if I had time for a personal finance question. I was watching “Shark Tank,” so I was primed for a talk about money! He’s upgrading to a bigger house and needed … Read more
Saving. Investing. It’s all the same, right?
When Vanguard clients come to me for financial advice, they often use the terms “saving” and “investing” interchangeably. Most of the time, they refer to longer-term goals—“I’m saving for my son’s … Read more
I’m a shopper; it’s one of my hobbies. I don’t always buy, but shopping has almost been elevated to a competitive sport with the access and apps available online. I’m certainly not alone. Almost 200 million people will shop or … Read more
I often get the question “Can I use a Roth IRA to invest for college?” While the answer is “yes,” the real question is whether you should. The comparison is typically drawn between 529 college savings plans and a Roth … Read more
Over the course of your lifetime, you’ve likely done some planning to reach your goals–getting accepted to the college of your choice, starting your first “real” job, buying your first home, saving for your future (retirement, children’s education, etc.). You’ve … Read more
Early in my Vanguard career, I accompanied Vanguard founder Jack Bogle to a meeting in New York City. I’d never traveled anywhere with the founder of a multi-billion-dollar anything before. Would we chopper up to the East 34th Street Heliport? … Read more