Gary Ambrose

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.

People have to minimize the use of home equity for short term financial needs. Get your budget in order. Home read more

People have to minimize the use of home equity for short term financial needs. Get your budget in order. Home equity lines of credit are for long-term financial needs. They were not meant to buy cars and trips and fuel overspending.

Set the ground rules and make sure it feels right.

Set the ground rules and make sure it feels right.

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.

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.