Gary Ambrose

Set the ground rules and make sure it feels right.

Set the ground rules and make sure it feels right.

You want to understand what the person across the table from you does for a living and how they do read more

You want to understand what the person across the table from you does for a living and how they do it.

You don't want to pick a family that just created a fund they don't have a history in.

You don't want to pick a family that just created a fund they don't have a history in.

I would prefer a total stock market fund if it's going to be their only investment, but if it's the read more

I would prefer a total stock market fund if it's going to be their only investment, but if it's the first of many funds I'd go with the S&P 500 Index Fund.

Splitting up the portfolio is more than an accounting measure. I've handled cases where the portfolios were really diverse. If read more

Splitting up the portfolio is more than an accounting measure. I've handled cases where the portfolios were really diverse. If I hadn't stepped in, the wife would have been stuck with capital gains that she had no clue about.