Week In Review Articles: The WSJ: Trump Hails U.S.-Mexico Trade Pact, Says ‘We’ll See’ With Canada The WSJ: U.S., Canada Pass Friday Deadline With No Nafta Deal The WSJ: Small Stocks Hang On to Big Gains, for Now The WSJ: SEC Chairman Wants to Let More Main Street Investors In on Private Deals The WSJ: Trump Signs Executive Order on Retirement Savings The WSJ: Merrill Lynch…
I’ve met some incredible people thanks to Twitter, and my pal Joe Kolb is one of those people. Joe made the trip all the way from Rhode Island to talk a little shop with me; well, he actually was going to St. Louis to meet with a client, but he made the trip from the STL to Fishers, IN and…
I recently exchanged emails with a potential client and before we had a chance to talk about his personal situation he let me know he had talked to a couple of other “advisors” and was just going to focus on maxing out his 401(k) for the time being. Keep in mind, I don’t know if maxing out his 401(k) was…
We’ve covered Estate Planning on the Whiteboard Series before, but with the passing of Aretha Franklin and learning that she did not have a will or trust in place, I thought it would be a good time to revisit the importance of getting the appropriate documents in place. While we may not all be as wealthy as Aretha (or Prince),…
iTunes Episode 012: Enormous Commissions Show Notes: The New York Times: Caring for Aging Parents, With An Eye On The Broker Handling Their Savings CNN: Aretha Franklin Had No Will Or Trust At The Time Of Her Death, Report Says The WSJ: Merrill Lynch Joins Brigade Downplaying Money-Market Mutual Funds The WSJ: Wealthy Parents Help Child Athletes Go Pro in Their Own Backyards…
Week In Review Articles: (Heavy on the WSJ links, sorry.) The WSJ: Michael Cohen Pleads Guilty, Says Trump Told Him to Pay Off Women. The WSJ: Paul Manafort Convicted of Eight Counts of Fraud The WSJ: S&P 500 Closes at New High The WSJ: Greek Bailout Ends, but Underlying Problems Remain The WSJ: A Surprising Bulwark for the U.S. Economy: The Personal Saving Rate CNBC: JP…
“Financial planning in the absence of an investment strategy designed to implement the plan is a f***ing fortune cookie. An investment portfolio absent the dictates of the goals from a financial plan is like building a house without a blueprint. Neither or these things is worth much without the other. But delivered in concert, they are essential and worthy of…
“Now, this type of thing, happens all the time…” -Snoop Doggy Dogg In “Gin and Juice”, Snoop Dogg breaks down everyday life in the LBC (Long Beach City) and while the life of a financial advisor is not near as wild as that of a young Snoop Dogg, there’s plenty of drama in the FPC (Financial Planning Community)… The Drama…
iTunes Episode 011: Saving > Investment Strategy Show Notes: All About Your Benjamins The Podcast: Talkin’ Taxes With Bill Sweet A Wealth Of Common Sense: 8 Questions I’ve Been Pondering Retirement Maven: Retirement Stats Are Grim But It Is Never Too Late To Start A Wealth Of Common Sense: Some Thoughts on Investing in Real Estate Eric Roberge Tweet Carl Richards via…
Week In Review Articles: The WSJ: Consumer Spending Lifts Retailers / NBC News The WSJ: SEC Sends Subpoena to Tesla in Probe Over Musk Tweets / CNBC The WSJ: SEC Probes Tesla Over Model 3 Production Disclosures The WSJ: Elon Musk Tweets Another Surprise, Saying Goldman and Silver Lake Are Tesla Advisers The New York Times: Elon Musk Details ‘Excruciating’ Personal Toll…