Did you really say NO to free money

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According to Financial Engines, $24 billion was turned last year down by employees of 553 companies, covering 4.4 million employees. Many, many people in this country are offered a defined contribution plan in which the employer, employee or both, make contributions on a regular basis. In case you are not familiar with the term, perhaps […]

Media rides a wave of worry

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  If you read or listen to financial media, then you are not surprised to hear how writers describe the economy and capital markets. I come across words such as may, might, can, could. For example, Apple may disappoint, unemployment numbers could rise, Dow might fall, and my personal favorite, the market may go down. […]

Faith in the future

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Nick Murray taught me that one of the pillars of successful investing is faith in the future. Faith, that by planting seeds today, they will grow and flourish over the fullness of time. If one is fearful of what lies ahead, they may only buy green bananas, purchase six-month treasury bills, and never make reservations […]

Do not confuse activity with results

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A friend of mine makes endless lists. She has a list for everything: what will be accomplished this week, this month, next month, next quarter. You get the idea. But recently, when I talked with her over a cup of coffee, I discovered that she was floating in a sea of lists with hundreds of […]