Blog

The Power of Hindsight

Do you wish you had invested in Cisco when it went public in 1990? Or Microsoft in 1986? What about Qualcomm, which is up almost 10,000% since its inception in 1991 (just a bit higher than the S&P 500’s paltry 600% equivalent gain). I can’t tell you how many times I hear that regretful refrain…
Read more

Worried About Social Security Going Broke?

Concerns about Social Security (SS) running out of money pop up from time to time in the financial media. Beyond the headlines there are a number of misconceptions regarding what that really means. In this post I’ll explain what could happen and what the consequences might be. The situation is a lot less dire than…
Read more

The Ugly Way To Become Rich

There is no shortage of promoters of wealth-building schemes. Many start by writing books extolling secrets that they learned along the way to their own alleged success. If their fame from their books grows they often develop seminars and training classes designed to provide more secrets, tools, and motivation to help you become rich like…
Read more

Are You Emotionally Prepared To Retire?

Virtually everyone that comes to our firm looking for retirement planning help is focused on the financial aspects. The number one question is usually, “Will I have enough money to be able to do all the things I want to do as a retiree?” Being prepared financially, however, is not the same as being prepared…
Read more

How Many Pages Of Regulations Does It Take To Create A Loophole?

I’ll start with the answer: 771 pages. That’s the size of the new “Regulation Best Interest: The Broker-Dealer Standard of Conduct” rule just approved by the SEC. Why did the SEC feel we needed this legislation? It’s a long story. After the 1929 collapse of the U.S. stock market and the subsequent Great Depression of…
Read more

How Not To Compare An Annuity To A Bond

My elderly uncle is convinced that annuities are better than bonds because the annuity will not only pay more on a monthly basis than a similar bond investment but would also keep paying over the remainder of his lifetime. While that’s true, it doesn’t tell the whole story. I’m writing this article to share a…
Read more