Welcome to 60 Second Financial Tips. On this page, I will post tips from some of my favorite Financial Pros, and also add some original content of my own. Tip #1 is to follow some of these folks on whatever social media platform you utilize. Check back every so often for new tips!

Good perspective here on 60/40 portfolio from @michaelsantoli and @michaelbatnick :https://t.co/PWfcvm87Fv pic.twitter.com/D1O7NZwVsg

— ukarlewitz (@ukarlewitz) March 28, 2020

The amount of volatility you experience in your investment portfolio is highly correlated with the number of times you check your balance.

— Rick Ferri (@Rick_Ferri) March 19, 2020

2/2:

4. Planning – setting goals
5. Focus – on seeing tasks through
6. Social indifference – not succumbing to pressure to buy the latest thing.

— Peter Mallouk (@PeterMallouk) September 19, 2019

my stocks:
-volatile at times
-income producing
-long term investment
-doesn’t care what i think
-reminds me how stupid i am

my wife:
-volatile at times
-income producing
-long term investment
-doesn’t care what i think
-reminds me how stupid i am

— Douglas A. Boneparth (@dougboneparth) February 18, 2020

I know, never say never, but I'll say it. It's never wise to put an actively managed mutual fund in a taxable account. https://t.co/fbnIj0wYOd

— Christine Benz (@christine_benz) September 9, 2019

Check out HumbleDollar's new user's manual for humans: It discusses our seven key financial missteps—and offers a slew of strategies that can help us behave better. https://t.co/pwI9USUbi0

— Jonathan Clements (@ClementsMoney) September 7, 2019

This investing MBA condensed to 3 seconds:

– Spend less than you earn.
– Save the difference.
– Diversify.
– Be patient.

That's 90% of finance.

— The Motley Fool (@themotleyfool) October 8, 2019

"Wealth is not about having a lot of money; it’s about having a lot of options." – Chris Rock

— Peter Mallouk (@PeterMallouk) December 6, 2019

I find people who invest actively in taxable accounts have regrets eventually because either their choices underperform or because they had a few winners and now face an unpleasant tax bill. My advice is to use total stock market index funds in taxable accounts and hold forever.

— Rick Ferri (@Rick_Ferri) December 19, 2019

If you think the Bezos family (+ future generations) will be rich forever, consider this:

"When 120 of Cornelius Vanderbilt's descendants gathered at Vanderbilt University in 1973 for the first family reunion, there was not a millionaire among them."https://t.co/k6QoxbxASx

— Nick Maggiulli (@dollarsanddata) January 31, 2020

Substitute "Adviser fee (%)" for "Annual management charge (%)" and this table becomes interesting. pic.twitter.com/uw4ldH9dfe

— Rick Ferri (@Rick_Ferri) December 2, 2019