Today, we celebrate St. Patrick's Day in honor of the death of St. Patrick and Irish history and culture. There will be green everywhere, representing good luck, even in the many beers to be consumed today. One thing that we also hope to be green is our stock symbols.
However, when it comes to good financial standing, there is very little luck involved. Diversification, strategy, and good habits produce earnings and security in your portfolio. While there may be times when you get financially lucky, say, winning the lottery or a windfall of money from a little known distant uncle, you shouldn't count on this luck- you should bank on a comprehensive and thorough financial plan to get you to the end of the retirement rainbow.