Category Archives: Blog

What is the difference between those who lose wealth and those who maintain it? Like the 70% of lottery winners who go broke and many pro athletes who end up filing for bankruptcy, individuals who lose their wealth all share a common thread:  They spend their money on assets that diminish their wealth instead of building it up. Cars, […]

There are some common perceptions that the rich are rich because they either inherited their money or they got lucky somewhere along the way – like winning the lottery or hitting the jackpot on that one in a million investment. Although this may be true for some high net worth individuals, the vast majority, are […]

2020 was a year filled with uncertainty. The uncertainty surrounding infection from a highly contagious disease and the economic uncertainty arising out of the pandemic wreaked havoc on people’s emotions. It reminds me of prison escapees who eventually turn themselves in. When asked “why?” most simply explained they were tired of running, tired of the uncertainty. […]

Is commercial real estate (CRE) good for your portfolio? Should CRE be a crucial cog in your retirement plan? The short answer is yes. The long answer is it also depends on other factors such as asset class, the marketplace, your chosen investment vehicle, and the experience and expertise of the managers of passive investment […]

There’s so much written about timing. That’s because investing for most retail investors is about timing – moving in and out of stock positions to take advantage of price movements. It’s about getting in and out at the right time and price to maximize gains and minimize losses.   Because of timing, Wall Street is like a gathering […]

Most of us Americans have a first-world problem – overabundance. Having too many choices can make us miserable. It reminds me of a Thanksgiving a few years ago when I could sense my wife was stressing out about something. This was out of character. When I asked her what was wrong, she said she was […]

COVID-19 has flashed a glaring spotlight on the differences between red and blue state governance and their general attitudes and approach towards the role of government in business. How blue state governors have handled the pandemic have highlighted the negative impact of their government-first policies vs. the business-first approach taken by red states. Blue states […]

Annie Duke, a former professional poker player who won more than $4 million during her career recently explained in a cnbc.com editorial how quitting can be a winning formula in the world of investing. She first mentioned a quote by legendary football coach, Vince Lombardi, who said, “Winners never quit, and quitters never win.” In the […]

It seems every election season brings out the worst anxiety in people. Take the stock market for example. Every single presidential election cycle pretty much follows the same pattern. The months leading up to the election are typically marked with extreme volatility; then, immediately following the election, the market drops. It doesn’t matter who wins […]

No matter your political affiliation, if Joe Biden wins the upcoming election and Democrats control both chambers of Congress, you can expect to see major changes to the tax code, and based on his proposed changes you can also expect to see a wave of small business owners cashing out and selling their businesses early […]