Ten Talents Financial Planning
How to Play the Election of 2024
How to Play the Election of 2024 Recently, the financial media has been talking about how investors can play the presidential election. There have been several articles and opinion pieces about what changes to make to a portfolio if Trump or Harris wins. In that spirit, let’s look at how you can play the election…
Read MoreWhy the Media is So Negative
Why the Media is So Negative Have you noticed that the media tends to have a negative bias to the things they report? Every now and then there is a positive story, but it appears that the vast majority of headlines and stories are negative in nature. There is a reason for this. The Media’s…
Read MoreElections and Market Outcomes
Elections and Market Outcomes Well, election season has started with the first presidential debate under our belt. This is the earliest we have ever held a presidential debate, which will extend election season and perhaps amplify our opinions and feelings. As a politically divided nation with so much at stake, we can expect a lot…
Read MoreCelebrating the Freedom to Invest Well
Celebrating the Freedom to Invest Well I am so grateful to live in a free nation. I am so grateful for the freedom and right to pursue happiness, as established in the Declaration of Independence. Thanks be to many unselfish individuals that sacrificed much, even their own lives, so we can enjoy these freedoms today.…
Read MoreYou Don’t Invest To Get Rich
You Don’t Invest To Get Rich “You don’t invest to get rich. You invest to preserve and grow wealth.” – Aswath Damodaran How do you define wealth? How do you define being wealthy? If you don’t invest to “get rich”, then how are you supposed to become wealthy in the first place? Defining Wealth Enjoy…
Read MoreThe Illusion of Investment Skill
The Illusion of Investment Skill Have you ever made an investment decision and used the immediate outcome to determine your own investment skill or lack of skill? Did you know that this is the WORST way to determine whether and investment decisions was good or bad? How Do We Judge Decisions? Well then, how do…
Read MoreDoes Your Rope Have Slack In The Line?
Does Your Rope Have Slack In The Line? Enjoy this analogy of The Rope of Life! The Rope of Life Does your rope have slack in the line? Or is your rope of life tight with no margin? Financial Planning and Having Margin Learn how this analogy ties into financial planning and tackling financial goals…
Read MoreWho Would Have Thought
Who Would Have Thought One of the best things about a year coming to an end is to look back and identify key lessons that we can use to improve our decision-making going forward. This is especially true in the investment realm. 2023 – Lots of Bad News Late in 2022, market and economic experts…
Read MoreClient Success Story
Client Success Story Fair warning: Soapbox Moment! I got really excited to see this success story with a Client on the specific topic of insurance. Specifically, auto/home/umbrella insurance coverages and massively increasing coverage while decreasing their premiums. Key Takeaway What are the key takeaways from this story? Namely, belief precedes receiving value! This is not…
Read MoreAchieving Success
Achieving Success As the year comes to an end, it’s a good time to reflect upon the year behind us. The good things, the bad things, and the success we achieved along the way. Sometimes we rely upon favorable circumstances to achieve success, but circumstances are often beyond our control. While our circumstances can make…
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