For investors, proper perspective is about the most important quality one can possess. I am referring to the practice of viewing where we are in terms of historical benchmarks and the statistical probabilities from long history Our shared human condition is that we are creatures of the here and now. [...]
This past Monday, Chase Bank made national news for an unintentionally controversial tweet they sent their 365,000 followers. The tweet depicted an imaginary conversation between a person and their bank account. The full tweet was as follows You: “why is my balance so low?” Bank Account: “make coffee at home” [...]
The crazy market swings and slumps of the past 20 years were hard for anyone to stomach. It’s one thing when you are working and earning a paycheck. Time is on your side and you have the opportunity to buy “discounted” shares of the market. It’s entirely another thing when [...]
I may not have harped on the subject lately or you might have become a more recent reader of this column, but today—short and sweet—I am explaining why investors should be surprisingly hopeful and positive about the stock market in the next 12 -14 months. Long time readers can recite [...]
Recent volatility in the stock market and abnormally low interest rates at your bank have brought the financial sharks back to the surface. There are always plenty of sharks swarming in to offer their bait whenever people have a high desire, fear, or need for something. Let’s go over some [...]
Recently, I took a day off from work and decided to catch up on some daytime TV. It was interesting to me how different the commercials are during the day, and how targeted they are to stay-at-home moms, the unemployed, and seniors. Of particular note to me was how much [...]
Last week I discussed the demographics driving American use of healthcare and its new technology. On average, we are living longer while generally enjoying better health. Many of us will eventually feel somewhat bionic through our high tech ceramic or metal spare part implants. In 1960 when current statistics began, [...]
A recent study conducted by TD Ameritrade revealed some very interesting insights into how the millennial generation views money, and possessions. In the limited amount of space I’m given for this column, I won’t be able to go into all of them. However, I felt a couple of takeaways from [...]
Yesterday morning at the Kingdom Advisors monthly meeting, Bill High, leader of the National Christian Foundation—Heartland organization, spoke on the subject of Legacy Planning. KA, a national organization, consists of attorneys, accountants, insurance and financial advisors across the country who are dedicated to helping members of the Church at large [...]
There are two sides of the coin of living longer. We often want to live longer to have great relationships with our grandchildren and great-grandchildren. You know, those youngsters with whom we can conspire against our children? But then we don’t want to outlive our enjoyment either. When I can [...]
