Many of your friends and family have money questions and they may not have access to the same quality of advice that you have. In fact, they may not even know what questions to ask, let alone who to ask.

Invite them to Denver Financial Planning Day this Saturday, October 13th, at North High School. From 9AM to 2PM, some of Denver's best Financial Planners will provide their advice in a safe environment, with no logos, no sales pitches, and no last names. Only the highest-quality advice from folks who've sworn a fiduciary oath to put your friends' financial interests ahead of their own.

To reserve a spot, tell your family and your friends to visit www.financialplanningdays.org/denver or google "Denver Financial Planning Day."

  Watch Karl's 9News Interview: Denver Financial Planning Day

What is he thinking? Part 2

". . . we hope the stock underperforms in the market for a long time. . ." Warren Buffett

Warren Buffett, one of the wealthiest men the world, often says interesting things. This quote from the 2011 Annual Report gives us pause. What is he thinking?

"If you are going to be a net buyer of stocks in the future, either directly with your own money or indirectly (through your ownership of a company that is repurchasing shares), you are hurt when stocks rise.  You benefit when stocks swoon."

Buying dividend-paying stocks pays off over the long haul, and companies that are raising their dividends do better in the future than companies that do not.  Years of academic research continue to point at these truths, which Buffett describes. He goes on to say:

"Emotions, however, too often complicate the matter. Most people, including those who will be net buyers in the future, take comfort in seeing stock prices advance. These shareholders resemble a commuter who rejoices after the price of gas increases, simply because his tank contains a day's supply." (7)

Sometimes, good investing is the opposite of a good gut feeling.