Leasing a vehicle is a good way to mark the passage of time. Last week, our first family SUV came off lease, which really got me thinking about all the places we’ve been over the past three years. With those memories in mind, my wife and I traveled down to South Jersey with our newborn[…]
In finance, the term “generational buying opportunity” (or GBO, for short) is used to describe when asset prices have dropped so dramatically that it’s highly unlikely one will ever see them that low again. Hence it happening “once in a generation.” For some investors, even whispering this term makes the tiny hairs on the back[…]
While out on *paternity leave*, my wife DM’ed an article from The Cut titled “How Much Money Means You Don’t Have to Worry?” by Caragh Poh. Poh pens a captivating story about what it was like growing up in lower-middle class family, knowing that she was not necessarily poor, but at the same time, she[…]
“Laws of nature do not make exceptions for nice people. A bullet has no conscience; neither does a malignant tumor or an automobile gone out of control. That is why good people get sick and get hurt as much as anyone.” ― Harold S. Kushner, When Bad Things Happen to Good People For a few[…]
One of the more interesting parts of being a financial advisor is dealing with how my friends view me. To some of them, I am a nothing more than a broker or insurance agent looking to make a sale. And they’re not wrong for feeling this way, since there’s a good chance they’ve been hassled[…]
When it comes to stereotypes, Millennials got em in spades. Needless to say, most of them aren’t very flattering. In fact, a little more than a year ago, The Wall Street Journal updated it’s stylebook to address their writers use of the word “Millennial”, admitting that it was becoming some kind of “snide shorthand.” I[…]
For those unfamiliar with what a mutual fund wholesaler is, allow me to provide a brief explanation. Asset management companies, who manufacture mutual funds and other investment related products, employ legions of wholesalers to go out in to their geographic territories to educate investment professionals, like me, in hopes that they will sell their products[…]
What’s your earliest memory? Mine is visiting my grandparents in New York. I must have been about four or five at the time. It’s all very hazy, but I vaguely remember rooms with those wooden paneled walls, eating Corn Flakes for breakfast, trying Juicy Fruit gum for the first time and these little animal stampers[…]
Last week, I wrote about inflation. Riveting stuff, I know. However, in the post I twice used the phrase, “When I was your age…”, a line that has been used by older generations the world over to express, often with disdain, how the times have changed. Then, it hit me like a double shot of[…]
During an interview with a reporter last week, I was asked what I thought was the easiest investment concept to explain. It was a fantastic question that momentarily put me on my heels. I knew there was no single right answer, but I began racing for one while I ran downstairs to grab a cup[…]