Many people reading this may be fortunate enough to have a retirement account established for them through their employer. But for small business owners, like myself, we have to create our own ways to save for retirement. I am always surprised to see that many small businesses don’t fully evaluate their options, and if anything,…
Essentialism, Value of Advisors, and S&P500 Record Highs
Here are some things that I read recently that I wanted to share my thoughts on: Essentialism (Book Summary) (Sloww.com, by Kyle Kowalski) I just finished the audiobook titled Essentialism, authored by Greg McKeown. I recommend it to anyone who wants to get a better grip on their time and is looking to simplify things in their…
Why Advisors End Relationships, How to Save Money, and Employers Have to Give More
Here are some things that I read recently that I wanted to share my thoughts on: Why advisors end client relationships (Financial-Planning.com, by Amanda Schiavo) Many articles are written about how consumers can choose financial advisors, as well as reasons to search for a new advisor. Not as frequently discussed – the other side of the…
A No-Lose Lottery, Things Worth Spending Money On, and The Super Bowl Indicator
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share: Is America Ready for a “No-Lose Lottery” (Freakonomics Radio, by Stephen Dubner) Sometimes when I listen to a podcast, I am so blown away by an idea that I can’t get it out of my mind. This…
Year-end Tax Strategies, Holiday Spending Tips, and Why Everybody Lies
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share: Tax Changes Are Coming Next Year, but You Can Plan for Them Now (NY Times, by Paul Sullivan) Since this will be one of the last posts of the calendar year, I thought I would mention a…
Client’s Spending Habits, America’s Health Insurance, and The Power of Introverts
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share: Show Clients Their Spending Habits (Financial Advisor Magazine, by Mitch Anthony) I learned an interesting way to have the “budgeting” conversation with clients. Honestly, not many clients enjoy having the “budgeting” conversation at all…but I learned…
Black Monday Anniversary, Life Insurance Needs, and Why Smart People do Foolish Things
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share: It Was 30 Years Ago This Week… (Zacks, by Mark Vickery) I remember where I was 30 years ago this week. Although I was just a teenager, I recall being with my dad (a high school math…
The Equifax Breach, Money Saving Tips, and Generation X
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share. The Equifax Breach – What You Should Know (Brian Krebs, Krebs on Security) We’ve all seen the current event news lately as it pertains to the Equifax breach – but what does is mean to you? This…
Money Habits, Women & Retirement, and Powerball
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share. Are Monetary Habits Hereditary? (Paulana Lamonier, Blavity) I start this week with an article discussing parents’ monetary habits and how it affects their kids. This is particularly relevant to me because this past week, my wife and…
Game Theory & North Korea, Market’s Low Volatility, Amateurs vs. Professionals
In no particular order, here’s a few interesting things I heard and read recently that I wanted to share. Using Game Theory To Handle North Korea (Laurence Kotlikoff, contributor to Forbes) When I obtained my Masters Degree, I had one particular class that made my entire degree worthwhile and memorable: Game Theory. I don’t know how…