Tips for Long-Term Investing a.k.a. Buy and Hold Forever

Warren Buffet is quoted as saying, “Our favorite holding period is forever.”  Of course, if you follow Mr. Buffet, you know that he does sell from time to time.  However, it is fair to say that for the average person, Mr. Buffet would recommend having a long-term investment time frame by using a buy and hold strategy.

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Do You Max Out Your Retirement Accounts?

Should You?

Do you max out?  I’m not talking about fitness here; I’m talking about your 401K.  In my case, I’m talking about a Thrift Saving Plan (TSP), which is the Federal Government’s equivalent.  Many of my colleagues openly talk about how they choose to put the maximum amount of money into their TSP.  For me, it has become easy to assume that this is just a normal thing for people to do.

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Should You Outsource Your Chores?

As a busy professional with a lot of responsibilities it seems as if the list of chores is never ending. Everyone has only twenty-four hours.  From twenty-four hours, subtract time for sleep, work, our commute, and we are left with only a handful of hours to be productive with personal pursuits or additional activities we enjoy.

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The Progress Principle; Tracking Your Finances to Success

The road to financial excellence doesn’t happen overnight.  At least not for most people.  And certainly not for this guy.  Progress is made by continuously achieving small victories.  Over time, you can achieve a large goal.  That progress can sometimes feel painfully slow, but it’s amazing how time goes by, and by tracking progress you can start to see your results.

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