Just like one bad week in the markets can wipe out a year’s worth of gains, one bad week in your life can make it feel like the wheels are coming off. That’s what last week felt like. Before that, everything was firing on all cylinders. The market was rising, prospects were calling, the kids[…]
Heather had been planning the trip since September. For her birthday, Hazel discovered she was going to Walt Disney World for the first time. To many kids, going to Disney is a right of passage. It’s a ticket into a world of magic, happiness and childhood splendor. As a native Floridian, I remember my parents[…]
I played a lot of sports growing up. Little league baseball, basketball and soccer to be exact. I wasn’t very talented at any of them so, by the time I had reached middle school, video games replaced sports. Why play basketball outside when you can play NBA Jam in air conditioning. And when the internet[…]
One of my favorite year-end tweets came from my friend, Russell Kroeger. I’ve had the pleasure of meeting Russell on several occasions. He is a massively talented financial advisor and one of the most genuine people you’ll meet. Here’s what he had to say about his growth as an advisor in 2019: 2019 has been[…]
For most people, the amount of money that they can make is mostly dependent on how much they work. However, since there are only so many hours that a person can work per day or week, their earning ability is limited. This is why residual income can be so valuable. It is often regarded as[…]
Well, it’s day five of our little staycation. The children gain in power while their adult chaperones are weakened in each passing minute. Conservatively, I give us until about Friday before they completely overthrow the kingdom. Please, don’t remember me for my financial writings. Remember me for the dank memes. [home with kids for two[…]
In the investment world, it is said that all big companies started out as small companies. From Microsoft to Amazon, every mega-cap today was once a micro-cap, and you can bet that there were critics. “It’s too expensive!” they’d cry. “No one will buy that!” they’d laugh. “It makes no sense!” they’d scream. But year[…]
Most millennials have a general understanding that they should be saving money. Still, when thinking about questions like “how much will a millennial need to retire”, many are at a loss trying to come up with a figure. Well, although providing a specific answer is almost impossible without knowing the specific situation, the truth is[…]
Last week, I was back on Yahoo! Finance to discuss some personal finance tips for the holiday season and, surprise, coffee. I am not the biggest fan of the holiday budgeting narrative. Why, all of a sudden, do people think they are going to get serious about their spending at the time of year[…]
Life isn’t some equation you can solve on a whiteboard. Many have tried without success, believe me. Life is unquestionably dynamic and impossibly complex. It’s riddled with emotions that cannot be defined and outliers that can barely be explained. The moment you think you’ve figured it out is the moment you realize you know absolutely[…]