I had a great hour-long phone call the other day with someone who has been a client of ours for about a decade. A highlight of our conversation was discussing the similarity between money and tools. Like money, tools are used to accomplish a task or set of tasks that...
A lot of people seem to be asking some version of the question, “What should I do to my portfolio if the virus continues or Biden wins the election?” Basically, what people are REALLY asking is, “Should I sell equities in my portfolio because I think the market is...
Our MONCON recession planning tool didn’t work for the COVID recession but that does not mean it’s useless and certainly does not mean we’ve stopped using it. Let’s review. MONCON is a great tool. In case you forgot what it does and how we use it, see this recession...
How do you react when the market is down? I kept a little journal on my observations and thoughts when the market began the most rapid selloff in history. I intended to use it as a personal guide to go back and remind myself what I was thinking, observing and feeling....
In pursuit of the perfect wealth plan, you want everything, well…perfect. You want BALANCE. The daily snapshot of the plan, the investment portfolio, the progress, the returns, the outcome, the pretty pie chart…you want it perfect. Balanced. But you see, that kind of...
