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Fighting the Gender Pay Gap

New York Times

My daughter started her senior year of high school this fall. With college fast approaching, I’ve had some fun discussions with her and family friends about future professions. One thing keeps coming up: It’s the 21st century, and our daughters may still earn less than men for doing the same work. When my daughter graduates…

The Strange Allure of Higher Fees

New York Times

Just about anything that comes with the “alternative” label is automatically enticing to plenty of people. Alternative rock spoke to so many music fans that it became more or less mainstream in the 1990s. On a smaller scale, consider the people you know living alternative lifestyles, like the cousin in the nudist colony or your…

Go Ahead, Spice Up Your Investing Life

New York Times

“I’m bored.” You’ve said it. I’ve said it. Your children or nieces or nephews have said it. Our usual response to these two little words is to recommend doing something about it. You tell children to go outside. You pick up a new book or go to the movies. I head out on my mountain…

Learning to Shun the Instagram Life

New York Times

“We should just move to the country and live in a tent.” I mention this idea to my wife every time I’m confronted with one of the realities of living in Park City, Utah. It seems like almost everyone here is an athlete of some sort, and they take their sports seriously. From mountain biking…

When Competition Obscures Financial Goals

New York Times

Years ago, a friend with an incredibly successful career as a sales representative shared a story about what she and her brother called their W-2 Derby. It’s exactly what it sounds like. At the end of each year, they’d pull out their W-2s and compare who had the higher income. There were even rules for…

An Eye to the Past Can Help Guide the Future

New York Times

Over time, we’ve come to accept the concept that knowledge is power. In theory, when we have more knowledge, we can make better decisions. But for many of us, there can be a disconnect between knowing something and acting wisely on that knowledge. As you probably know from experience, it happens often with money. Last…

The Wisdom of Breaking Away

New York Times

  In February 2012, a group of experienced skiers headed into the backcountry near the Stevens Pass resort in Washington State to look for untracked powder. It was a beautiful day, and everyone expected to have a great time skiing the popular Tunnel Creek section.   Minutes after the first skiers began heading down the…

Let Go of the Money Worries

New York Times

How many times have you had a conversation when you or the other person said something like: “I’m so worried about the stock market.” “I’m so worried about retirement.” “I’m so worried about the value of my home.” Assuming you have said or heard a derivation of one of these statements, ask yourself a big…

When Assessing Investment Advice, Consider the Source

New York Times

It can be very difficult to separate the good advice from the questionable and the questionable from the downright irresponsible. Unfortunately, good advice doesn’t always walk around wearing a sign, but there are some red flags to help you avoid the so-called advice that’s actually irresponsible. Case in point: What do you think when you…

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