The Basics of Stocks and Bonds. When meeting with new clients to work through the process of taking inventory of what they own, my primary concern is in seeking their knowledge and understanding of what they own and why they own it. Clients often speak in general terms about how […]
The Basics of Tax Language. This certainly isn’t a subject most us, including myself, like to think about and certainly isn’t one that appears to be going away anytime soon. As wealth accumulates for future needs, the tax rates by federal and state governments will likely increase due to budgetary […]
Tinstaafl Theory. Don’t you just love the word free? It’s certainly a word that is often used in marketing phrases like: Buy one, get one free Free trial Free download Free shipping Free sample Free estimate Free gift with purchase Free demonstration Free consultation Another simple but powerful word is […]
Credit Lines & Credit Bureaus. I am simply amazed by the number of credit card offers and new solicitations that I receive each month. Checks are attached and ready for me to add the payee along with my signature. A lot has been written about personal debt in America and […]
While the aging process is a subject that most of us would certainly rather shy away from, it is a subject that will affect the majority of us. As you are likely already aware, life expectancy has increased substantially over the last century. However according to the CDC, the leading […]
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 […]
