Roots of Wealth

Welcome to Roots of Wealth!

Welcome to the Roots of Wealth Blog!  We are New Jersey based fee-only independent Financial Advisors.   We started this financial planning blog to help people concentrate on the things that matter and the things that they can control.  The most important thing one can control is his or her own behavior.  We will help […]

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Painting and Planning your Future

Painting a masterpiece has become available to all!  The new craze in activities is focused on painting classes for those who have never taken an art class (or at least have not painted in years).  Some of these new businesses have combined the painting with some wine and cheese and are available for individuals and […]

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Softball

Stopping Future Mistakes – Running to Third Base

I coached Little League softball for young girls for a little over a decade in Allendale, NJ.  I can still remember little Susie when she was nine years old and began playing softball for the first time.  She was nervous and the uniform was always a little too big on her. She would roll up […]

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Be Kind to Yourself

Be Kind to Yourself!

Sometimes I think that we are our own worst critics.  We can often give others great advice as problems seem easy to solve when they are not your own. We only have a small amount of time each day and it is difficult to get everything done. And often, we are angry with ourselves when […]

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Saving strategies for 401k plans

Save More Tomorrow: 401 (k) Strategies

Even when employees are lucky enough to have a 401 (k) plan offered by their employer, they are not saving enough to have sufficient funds in their savings account to maintain their lifestyles after they retire.  This sobering fact is from the Center of Retirement Research for the Wall Street Journal using data compiled by […]

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4-22-13

Will saving poor children lead to overpopulation?

This post contains two short videos from Hans Rosling who is  is a Swedish medical doctor, academic, statistician, and public speaker. He is the Professor of International Health at Karolinska Institute, a medical university in Stockholm, Sweden, and is one of the largest and most prestigious medical universities in the world. In this 3 minute video, he discusses […]

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Don't let regrets hold you back from planning for your financial future

Regrets holding you back?

Rainy days are perfect for watching a movie and this spring we had more than one opportunity to take advantage and spend an weekend afternoon in front of the screen. One movie that we recently watched was About Time, an entertaining tale about a father and son who are able to travel back in time. The premise […]

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Dollar Sign

529 Plans and Your Choices

The mail arrived with a letter from the university that our daughter is attending with the tuition increase for next year. The high cost of providing your child a college education is staggering.  How can you plan for this large number?  And will the tuition costs continue to climb? According to The College Board, the average 2014-2015 […]

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the Times

How much of Your Nest to Put into Stocks? All of it.

Attached is an article written by David A. Levine for the New York Times in February.  In the article he discusses how most investors should have most of their money invested in stocks.  What makes this more compelling is that he is a self-confessed “bond guy” or someone who has believed in the value of bonds or fixed […]

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McDonald's

Lessons from Working at McDonald’s!

According to company estimates, one in every eight American workers has been employed by McDonald’s. The list includes Sharon Stone, Jay Leno, Rachel McAdams, Pink and me! My first job was the hostess at my local McDonald’s in Commack, NY. (You never realized that McDonald’s had a hostess?) I handled all of the kid’s activities […]

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China Airlines Cargo Boeing 747-400F B-18709 (1)

Stock investors: Focus on history not headlines

Apparently not everyone is concerned about the future prospects of the Chinese economy or the struggling agricultural equipment industry in the United States.  We often speak about the need for investors not to look at current conditions but the long-term historical trends.  We spoke earlier about the large merger between two international beer conglomerates and […]

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