Prosperity-blinded indifference is a term that Charlie Munger uses to describe companies that, when they are doing well, start to misallocate resources to areas that are unimportant to adding value. Individuals do this, too, as they move up the socioeconomic ladder. By understanding prosperity blindness, we can be more mindful of our desires and make choices that are aligned with our values.

The season of "new year, new you" is upon us. From January 1st to sometime around mid-February, people around the globe will set resolutions and attempt to reinvent themselves overnight. Most will fail. 

As someone who strives to improve myself constantly, I've learned that self-improvement, like investing, is won over time. While there's a large market for hacks, shortcuts, and cheat codes, there's no replacement for consistency, discipline, and the aggregation of marginal gains.

The end of the year is a busy time for everyone, and I don’t want you to miss out on any of the key financial planning deadlines or final opportunities of the year.

Because if we don’t take action by December 31st, they’re gone, done, finito.

Our step-by-step list helps ensure you're buttoned up for the year and can confidently head into the final stretch.

If you turn on almost any financial news network, you'll see something that looks straight out of The Matrix. Numbers and symbols, charts, and tables. It'd be easy to conclude that data and metrics are the most important investing elements. But they aren't - YOU ARE!

As a financial advisor, the FIRE movement is attractive. It's built on the foundation of delayed gratification, the most critical attribute to overall happiness, in my opinion. 

Extreme savings and investing define the movement. And while attaining financial independence is a worthy goal, one shouldn't pursue it so ferociously that they sacrifice the present.

Financial planning is important, but don't get too caught up in the resulting plan, it's going to change. Embrace the process of thinking about your future but don't expect it to stay on script. Be optimistic and steady, and finances can be empowering not anxiety-inducing.

I recently wrote an article about mistakes. In it, I briefly mentioned a few early investing mistakes I made. Since writing that post, I've talked to friends who are making many of the same mistakes. Whether due to human nature, nurture, or a combination, making simple investing decisions is not easy. I hope you can learn from the mistakes I've made as an investor.

It happens a lot— an“expert” passionately lectures, declaring a better way and planting seeds of FUD (fear, uncertainty, and doubt). Later, it’s exposed that they weren’t following their own advice. When alone, without their pulpit, these authorities ignored their own ideas, or worse, did the opposite.

Step 1: Make a lot of money. Step 2: Go live the life you dream of.

That's been the prevailing advice for as long as I can remember. I sense this is changing though as younger Americans increasingly choose to forgo the "money now, life later" approach for a more balanced one.