If you or someone you know has recently changed employers, here are some things to consider regarding the old 401k.

This month, my goal is to share with you some of the basic building blocks that will put you on the path to becoming a lifelong student of investing. Even the best of the best never stop learning. In fact, being a lifelong student might just be the first principle of becoming a great investor. So, let’s get started.

I recently came across a definition of financial literacy in Wikipedia that I believe sums up the term well. I’ll paraphrase: “It refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.”

In today’s blog, I would like to discuss coming into financial windfalls. Be it a large inheritance, a pension payout, life insurance proceeds, DROP monies for those of you who work with the county, settlements of all kinds and for the extremely lucky and rare lottery winners.