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Lessons In Life

Harrison Lazarus Advisors, Inc. - Tuesday, February 12, 2019

“The difference between school and life? In school, you're taught a lesson and then given a test. In life, you're given a test that teaches you a lesson.” ― Tom Bodett

As markets have ping ponged from the steep declines of the fourth quarter to the almost equally steep recovery in January, it is good to remember why we invest the way we do. The article below from Larry Swedroe distills important investing lessons from the bumpy ride that was 2018. These are a great reminder of why we shouldn’t go chasing after fads or let media hype and fear-mongering distract us from a prudent, long-term focus. At the same time, life can bring certain changes that require us to take on new roles. The article below on being a caregiver offers a wealth of information on what to do (and who to turn to) if you need to look after an elderly or disabled parent or loved one. If you find yourself in this situation, we can also discuss your best options (and update your plan if necessary). Planning travel is something that many of us like to do, especially for summer. This article on travel credit cards has great tips on which ones may offer the best deals. The final article shares some great tips on how you can plan for a memorable Valentine’s Day, without having to spend a fortune.
 
Investing Lessons From 2018

From Active Management is a loser’s game to Diversification is always working, 2018 had a lot to teach us about investing. Director of research for The BAM Alliance, Larry Swedroe, details 3 important lessons (and 4 more lessons) we should keep in mind now and in the future.

 

Educate Yourself on Being a Caregiver 

When elderly parents or loved ones can no longer look after themselves, we may have to take on the role of caregivers. This article provides invaluable guidance and resources on what to do—and where you can get help and advice.



Best Credit Card for Travelers? Probably Not One from an Airline

As you start thinking about spring and summer travel, you may want to consider your best options for earning points and airline miles. This article provides guidance on the best credit card options for frequent travelers. Turns out. It may not be airline credit cards.




8 free — or Almost Free — Valentine's Day Ideas

Chocolates, roses, a nice dinner are always appreciated. But you don’t have to spend a lot of money to celebrate Valentine’s Day in a creative AND memorable way.