Profit From Your Current Spending Habits
I do not hide the ball from my clients and prospective clients. I am more than straightforward with my advice about where to store their wealth since I even publish my recommendations. But there are dangers to being this overt and frank. One is the danger that my advice could be misconstrued or over-simplified. A (Continued)
I get asked “money” questions all the time. The most common query by far is: “I have some money in an old 401(k). Do you think you could do anything with it? It’s just sitting there and I don’t know what to do with it.” I hate that question. I have nothing against the person (Continued)
When telling jokes one ought not lead with the punchline. Though I am not telling a joke, I will lead with the conclusion: It is impossible to escape the trials and tribulations of life and the more that we try to do so, the less we understand life itself…or the Giver of Life. On my (Continued)
Do you have an emergency fund? Is it large enough? When do you tap into it and how is it re-supplied? I ask these questions because, as I remarked in my book, “In all the years that I have practiced, I can safely say that less than 5 percent (probably less than 1 percent) of (Continued)
There are lessons to be learned from the “Greek crisis”, but you will be hard-pressed to find them in the mainstream media. Yes, the media pundits will blather on about how a sovereign default will hurt our economy and stock market, but what solutions do they offer to either Greece or to Mr. Smith in (Continued)
One of the things I love about my business (and clients) is that it has become a clearinghouse of sorts for great ideas. I have been graced with being a conduit of information between my family of clients, passing along information and experience that is helpful to us all. People helping people to succeed. How (Continued)
How would you like to feel better, make money, help the economy and sleep better at night? Think this is impossible? Expecting a sleazy sales pitch? Well, it is possible and it does not require you to buy anything. However, you will have to exert some effort. So what is this wonderment that can accomplish (Continued)
Recently, a money manager that I otherwise greatly respect, said this rather despairing, if not delusional, statement: “Ultimately, there may be no such thing as a safe asset anymore and investors may want to take a diversified approach to something as mundane as cash.” [Emphasis added] The Rising Dollar Myth by Axel Merk. I know (Continued)
It is always dangerous to quote someone since one is likely to get labeled with the same calumnies that are heaped upon the principal author. This is even more the case when one quotes G. K. Chesterton, a writer whose incisive views and powerful reasoning always cause distress (or rapturous joy) in the reader. Chesterton, (Continued)
I apologize ahead of time for this somewhat “downer” blog, but today, I am fighting with my own industry and product providers about a new “interpretation of the rules” that could have deleterious effects on my clients. If we continue to allow the “rules of today” to mean something different tomorrow, then we will soon (Continued)