My father and I did not share as close a kinship as some families. At times, our relationship was contentious, distraught by a strong disagreement over trivial matters. My mother, as the intermediary, would always stand ready to intercede with words of encouragement. She would often tell me my father…

Nobody likes bear markets. However, over the last few bear markets, starting from the 1987 stock market crash, there were successful strategies that consistently stand out as gold mines for individual investors. These strategies not only survived the past bear markets, but they also flourish in bull markets. …

I just finished reading a book from a fellow financial planner, Shari Greco Reiches titled Maximize Your Return on Life, Invest Your Time and Money in What You Value Most. I highly recommend this book to anyone just starting the financial planning process. What I find most interesting is the…

“Oh, what a tangled web we weave/when we first practice to deceive,” Sir Walter Scott Addressing all the economic theories would take us a month or longer. In an effort not to get too much “in the weeds”, let’s just look at the four major theories and how they have…

The financial service industry is so concerned with managing your money, they often forget that there are more steps in the process of financial planning and investment management — income preservation and decumulation. Many financial advisors only plan for the accumulation stage and overlook the important preservation stage and decumulation…

This slogan has gained popularity in the last few years, from a rallying cry about former President Donald Trump’s failed reelection bid to hockey fans in Seattle. The slogan was first made famous in the 2010 movie “Clash of the Titans”. Release the Kracken slogan has morphed into a rallying…

The baby boomers are still retiring at record numbers, over 10,000 per day. If we have learned anything from these new retirees, it is that the outdated wealth accumulation model has failed. Nevertheless, the old model of saving some fictitious pot of gold for our later years is still being…

Cookie and I took a few days off and traveled to a small community in western Florida along the gulf coast called Crystal River. We were looking for a quiet place to vacation away from the crowded beaches or theme parks commonly visited during the summer in Florida. We narrowed…

There is a new term floating around in our culture called 10X, referring to multiplying results ten times the normal amount. There is even a book called “The 10X Rule: The Only Difference Between Success and Failure” published by Grant Cardone. Honestly, this term is amusing to me because it…