As sponsors of the First Responders Recognition and Awards Breakfast here in Independence, this past Thursday I was blessed to get to be in attendance as the Chamber of Commerce honored some of its very bravest public servants, including officer Cody Allen who was tragically killed in the line of [...]
One of the first truths we are all taught as young children is 1+1=2. However, as an adult, I have learned this simple equation is actually not always true. In his book Entreleadership self-help guru Dave Ramsey tells the story of the Clydesdale horse. He explains that a single Clydesdale [...]
Earlier this month I attended the annual Kingdom Advisors conference again. Kingdom Advisors is an international organization of attorneys, accountants and financial advisors who study the Bible’s financial wisdom. This meeting is a highlight of my year because we hear great speakers and learn new insights about making financial decisions [...]
DIY Anyone? Recently I wrote about investors who have an advisor obtain much better results over time than those without one. I referenced the study by Vanguard about this, but I have noticed a newer one by the Russell Investments organization today. It attempts to quantify how much value can [...]
What just happened in 2023 financially in the US? For professionals, it was one word: Surprise! After suffering an 18 percent plus drop in 2022, the S&P 500 index gained 26.4 percent, almost back to its all-time high point of January 4, 2022. The gargantuan tech companies led the Nasdaq [...]
I think after years of writing this column for the Examiner it should be pretty apparent talking about money comes easily for me. In fact, it’s something I really enjoy doing. However, recent research from Empower shows I am in the minority of people who feel comfortable talking about the [...]
It’s been about 15 years now since we had our last true recession. Last year nearly everyone, including yours truly, expected a recession to take hold by spring of this year. As it goes with most things with the stock market, when most people expect something, it usually does the [...]
In behavioral psychology there is a principle called risk aversion theory. The concept states the human mind has a naturally tendency to feel the pain of losses more than the pleasure of gains. For many investors who saw their accounts drop by more than 20% in 2022 they are probably [...]
In the 20th Century, many important investing principles developed including asset allocation for diversity and the efficient market hypothesis. More recently, politics has risen to cause a shift in the desired measurement of economic welfare. The trendy newcomer is ESG. What is that? ESG is the acronym of Environmental, Social [...]
Last week I provided a concise breakdown of the major changes to retirement account regulations brought about by the passage of the SECURE act of 2022. For more information about this new law check out my article on the topic that ran on 1/11. Today however, I wish to comment [...]
