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“The Bookkeeper and the Surgeon” is the true story of a thrifty bookkeeper and a not-so-thrifty, highly paid surgeon. The story is told in my book The Five Financial Foundations, available on this website. If you buy this book, read it and then pass it on to someone who is just getting started investing. Its lessons...

What is the standard of care that you expect from your financial professional or wealth adviser? Many investors assume their financial salesperson, a friendly, outgoing person they like, is always going to do their very best for them, the investor  Well, that is not always the case. A large number of financial professionals are licensed...

It’s not uncommon for people to be less than thrilled with their financial professional. Investor surveys reveal that the majority of investors would consider a change to a new adviser, and, if they knew how to do it, they would. However, in spite of lackluster results and lagging attention, many good people dislike the prospect...

You’ve made the decision that you need help with your financial life (if you don’t need help right now, read along because you might need help later). Where do you start? First, you must realize that you will need to put as much effort into this decision, perhaps more, as you ever have ever put...

Perhaps you are a do-it-yourself investor and doing fine, and even enjoying the daily attention you devote to your financial affairs. Well then, congratulations, you might not need to pay someone to do for you what you can do yourself (unless you don’t have the time or your situation is growing in complexity). However, most...