Good Financial Reads: The Importance of Owning Your Mistakes, An Intro to Diversification, and More

Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.

Catch up on some of the latest posts with this week's roundup:

The Importance of Owning Your Mistakes

by Pam Horack, Pathfinder Planning

Successful people admit their mistakes, learn from them and move on. The good news is, you can replicate this idea and apply it to your personal finances. Here are some ideas to help you move forward.

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The Issue of Investing: Part 4, An Intro to Diversification

by Dan Joss, Joss Financial Group

Particularly in the U.S., our investment world seems to be built on the idea that we can beat
the market. While there are successful money managers out there, the odds are certainly not in their favor. Let’s focus for the next several installments on what we should do if we decide to join the market and not fight them in efforts to create our wealth.

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What you Should Know About a Self-directed IRA

by Aaron Hatch, Woven Capital

For many people, retirement planning is done out of a sense of obligation to maintain your current standard of living during your golden years. And let’s face it, obligations are rarely fun.

But that’s where a tool called the Self-Directed Retirement Account comes in.

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Buying a home? If so, don't buy this type of insurance

by Chuck Donalies, Donalies Financial Planning

Earlier this year one of my clients bought his first home. Naturally, he was excited to move in and I was happy to see him achieve his goal of home ownership. Fast-forward a few months and I received the following question from him:

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