“We’re gonna be rich!” Don bellowed as he beat his fist against the steering wheel. He drove a white Lincoln Continental with burgundy leather interior. It was longer than most living rooms and at that moment was lumbering down I-55 from St. Louis to Jackson, MS. The windows were down and his heart was full. …
Who is Really Rich – the Affluent or the Wealthy? Read More »
Ask a friend. That’s what we typically do when we’re trying to make decisions in life. Need a new doctor? Ask a friend. Better accountant? Ask a friend. Romantic vacation spot? Ask a friend. New school for the kids? Ask a friend. Why do we do this? Do we honestly think our assorted friends are …
Why are so many of us bad at keeping the secrets we should keep, but good at keeping those we shouldn’t? Like the financial secrets you’ve been keeping from your spouse. Gulp. Oh, yeah. Those. I’m convinced this happens because some financial realities are painful to face. And yet the pain of dealing with those …
On this day 245 years ago, the Second Continental Congress signed a declaration that the 13 American colonies were no longer under British rule. That feisty letter—which our forefathers sent “across the pond” to King George—effectively said, “As of today, we are free to build and become a different kind of nation.” We call the …
On Father’s Day we honor the dads who make the world a better, richer place. I should probably define terms. Some guys are “just-a-father.” That is, they made a strategic biological connection with a specific obstetric result. That’s it. Then they disappeared. The legacy of these “just-a-fathers” is grim. Did you know children in father …
In a celebrity culture like ours, the “rich and famous” get most of the attention. The freak athlete. The shrewd mogul. The talented entertainer. The mesmerizing author. The successful investor. The flamboyant reality star. Through some combination of genetic gifting, hard work, and dumb luck, these few lucky souls have managed to hit it big. …
Here’s a fun, indoor thing to do on the next rainy day. Type the question “What do people fear most?” into your preferred search engine and look at the results. We humans are scared of all sorts of things: failure, change, heights, snakes, the dark, giving speeches, being alone, being confined in small spaces, being …
Most folks are convinced the wealthy know some big financial “Secret” the rest of us don’t. Like, they went to “the right” school and met “the right” people. Or they heard about Tesla before anyone else did, or got in on the ground floor of Amazon. Or somehow, they cracked the code on those free …
When it comes to money, are you: (a) a financial wiz; (b) your own worst enemy; or (c) somewhere in between? In my 30+ years as a financial advisor, I’ve observed that by adulthood most people have developed a “financial self-image.” Maybe you’re one of those few souls who see yourself as good with money, …
Bernie Madoff died this week. Madoff was the architect behind the biggest Wall Street fraud in history. The former chairman of the Nasdaq stock market index, Madoff positioned himself as a self-made financial genius. He claimed to know how to avoid market fluctuations and deliver steady, handsome returns. Famous clients like movie director Steven Spielberg, …
Speak with an Advisor