What You Need to Know About the Stock Market

When speaking on a radio broadcast in 1939, Winston Churchill made the following comment about Russia and its national interests:

"I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma..."

When I talk to people about investing--especially in the stock market--I get the same kind of vibe. The stock market feels so complex, puzzling, and unpredictable, that the lack of understanding fosters a distrust of it, and lack of willingness to participate.

3 Ways to Improve Your Financial Health in 30 Minutes

Last week I gave a presentation on 3 ways to improve your financial health. I love getting down to the nuts and bolts of personal finance! We (including financial planners) often make the topic more complicated than it needs to be. When you really gets down to it, you can address 80% of your financial management problems with three things: a budget, a savings plan, and a debt payoff plan.

In this article I’ll explain these 3 points, and for each I’ll give you a simple exercise you can implement this weekend--each one taking about 30 minutes.

5 Reasons Why You Shouldn’t Be a Business Owner

This is the continuation of an article from two weeks ago titled 5 Reasons Why I Love Being a Business Owner. I promised at the end of that article to share some thoughts on the downsides of business ownership. So here we go.

A year or two before I started Hale Financial, I came across an article with what I thought was the greatest (and most terrifying) headline ever: “Forget Starting a Business, Kid. Just Go Work for a Company.” The author went on to explain all the horrible things he experienced when starting a company and why he’d never do it again.