It is hard to explain how good the month of November 2024 has been. Not only did the financial markets hit all-time highs, but there […]
Maybe you don’t need to figure out what’s wrong
A few months ago, I interviewed a behavioral economist named Dr. Stephen Wendel on my podcast. He suggested an idea that’s so crazy it might […]
How to Manage Two Successful Businesses (and Why One Wasn’t Enough)
In 2015, we ran a story about Julia Kelly, an entrepreneur who makes a six-figure income as a caricature artist. Where is she now? We […]
“We have two kinds of forecasters: those who don’t know and those who don’t know they don’t know” – John Kenneth Galbraith
I guess you could classify me as one of those forecasters above. I am not sure whether it is the former or the latter, but […]
The Fed is meeting right now. Here’s what it means for real estate (and why most people are missing the point)
Hey there! As I write this, the Federal Reserve is meeting. By the time you read this, they may have already announced what many analysts […]
Why Dollar-Cost Averaging Stinks
Conventional wisdom says that you should invest in the market in small bites. This is called “dollar-cost averaging.” Dollar-cost averaging is the philosophy of wading […]
The end of a great quarter and the best Estate planning plan ever…
No two ways about it – the third quarter of 2024 was an excellent quarter. As was the year ended September 30th, when all major […]
The Best Months of The Stock Market Are Coming – Get Ready For Gains!
In the first part of August, I received many phone calls from clients who believed the world was surely coming to an end. I reassured […]
Slow your roll, don’t overthink – the cavalry is on the way!
Since announcing my semi-retirement, I have been reminiscing on my 35-years of investing for clients and my 53-year CPA career. In the beginning, we did […]
The Four Pillars of FIRE 🔥
If you read the first issue of this series, you know I’m hyped about rethinking the FIRE philosophy into four pillars: Financial psychology — This […]