Folks, there’s a difference between the terms “saving rate” and “savings rate”. The two are not the same. And generally speaking, when people in the early retirement community talk about “savings rate”, what they really mean is “saving rate”. Confused? Let me explain.
People of all races are now saying: “Enough is enough” and #BlackLivesMatter. If that’s genuine and that sentiment holds, then yes, let’s end police brutality and racial violence. But let’s not forget that what sustains it all is economic violence. That must come crashing down too.
Over the years, I’ve found that it’s fun to read a different kind of money book in my spare time. I’ve discovered the joy of classic biographies and success manuals, especially those written by (or about) wealthy and/or successful men.
Here then is my research into the world of Robo-advisors. What are they? How do they work? And who should use them? Let’s find out.
I’ll bet most of you don’t know and don’t care. But those who do care would probably answer, “John Bogle, founder of The Vanguard Group.” And that’s what I would have answered too until a few weeks ago.