MCF Insights: Summer Time Reminds Us to Be Flexible
As summer heats up, it pays to take a good look at how flexible you are. When you plan for the future, you need to be adaptable. No one knows what tomorrow holds.
MCF Insights: Building Asset Value Illusions Before It's Too Late
When we talk about financial fitness, one of the most important measures is the value of our assets. The problem is that we often have false expectations about some asset types, and we need to break those illusions to focus on our real financial condition.
MCF Insights: Investing in Your Vacation
Why do so many of us not use our vacation days? Salespeople talk about “leaving money on the table.” Well, employees leave vacation on the table. And the cost to us is significant.
MCF Insights: How Millenials are Affecting the Price of Your Home
It used to be that everyone wanted to buy a home, seeking pleasure and security, as well as the potential for future wealth. But younger Americans are buying homes far less often than their elders’ generations did, and that puts a large sector of the U.S. economy at risk.
MCF Insights: Why Capitalism Helps Giving to Charities
Capitalism is the best economic system in practice for charitable giving because it is the only one that gives us the freedom to allocate our capital as we see fit. But so many people equate capitalism with greed and think that the profit motive is not compatible with giving. This is a wrongheaded notion.
MCF Insights: Tax-Efficient Investing
Taxes are a reality of life. As a result, taxes should be included in the evaluation and construction of any portfolio plan. Investors that ignore the effect of taxes on investments may end up paying higher taxes and earlier than needed. The good news is that investors have some control over when and how taxes will be generated in the investment process to reduce taxes.