Month: October,2019

What is the most poorly understood area of personal finance?


October 3, 2019
Success in personal finance is based on some simple practices followed by individuals over a long period of time. Charlie Munger has summarized it well in 15 words: Spend less than you make; always saving something. Put it into a tax-deferred account. I often feel people under-appreciate the importance of tax deferral for their investments. I have created […]