April 26, 2014

Who ends up with more? (A chart every college graduate should see)


  • Susan, who invests $5,000 per year only from ages 25 to 35 (10 years)
  • Bill, who also invests $5,000 per year, but from ages 35 to 65 (30 years)
  • And Chris, who also invests $5,000 per year, but from ages 25 to 65 (40 years)


  • See:


    Compound Interest is a miracle.


    Tom Sirois
    Great Barrington, MA

    April 18, 2014

    What To Do When You Win the Lottery

    I am always fascinated by folks who win the lottery, and later declare bankruptcy. There are many reasons for it, but I suspect that MOST lottery players are not too savvy with financial matters, so the lack of financial management skills is the kiss of death if they are "lucky" enough to win.

    I just came across a very nice slideshow presentation from CNBC (not always the best place to get financial advice) that has some great advice if your do win the lottery:


    My particlar favorite is "Get the lump sum".

    Tom Sirois
    Great Barrington, MA