Celebrating 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.…

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You 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…

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The 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…

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Does 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…

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Who 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…

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Client 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…

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Achieving 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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What Is A Third Party Financial Custodian?

What Is A Third Party Financial Custodian? Have you ever heard of financial scams or folks like Bernie Madoff who bankrupt their Clients? How can you completely avoid this kind of disaster? Transparency Matters Learn about “What Is A Third Party Financial Custodian?” who will “custody” your assets in a transparent manner. You don’t want…

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Forecast Frenzy

Forecast Frenzy ‘Tis the season when financial institutions provide their forecasts for the coming year.  Several firms have already published their forecast. RBC and several other firms believe the S&P 500 will make new records in 2024. Whereas Wells Fargo and others have differing opinions. Wells Fargo’s forecast for 2024 said, “It’s really hard to…

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Help! I Can’t Make Roth IRA Contributions Anymore

Help! I Can’t Make Roth IRA Contributions Anymore Have you noticed that you can’t make direct Roth IRA contributions once your income gets too high? Whether you are filing taxes as Single or Married Filing Jointly there are “Income Limits” for who can contribute to a Roth IRA. Roth 401(k) Has No Income Limits However,…

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