Income & Expenses. Years ago, a successful business owner told me “what’s important in life is not how much money you make, but rather how much you keep”. Being in my twenties and just getting started in life, I thought to myself “that is easy for you to say”. Thirty […]
Time Value of Money. I remember the spring of 1980 and the excitement of taking delivery of my very first motorcycle. It was just after the death of my mother, and I had received more than enough in life insurance proceeds to cover the $3,000 cost for a 1979 Suzuki […]
Understanding Investment Risk Hands down, the fourth quarter of 2008 and the first quarter of 2009 were trying times for those of us who were invested in the capital markets. While we tried to constrain our range of emotions, I remember thinking and sharing with my clients that the only […]
The question that is often asked is how much life insurance should I buy. My response is typically none if you don’t care about anyone other than yourself. Rather than focus on the issue of how much life insurance to buy, why wouldn’t we first ask ourselves the question of […]
The 401k Retirement Plan. Much has been written about the 401k retirement plan since the passage on November 6, 1978 of the United States Revenue Act of 1978. Since the passing of the Revenue Act, the 401k plan has become the primary savings vehicle for American workers. The 401k goal […]
Why Estate Planning. For most of us, we begin our lives with very little in the way of personal assets. The journey of life often begins with the vision of finding the right career, buying our first home, getting married, and having children as we enjoy the experiences that are […]
