Working Wealthy – Realizing Your Fear
July 12, 2022
Fear Is a Powerful Emotion I recently heard someone describe fear in the context of human evolution. The speaker made the point that fear was a good thing for Neanderthals and early humans. The person that heard the dark, threatening noises in the jungle or forest and ventured out into the dark to investigate likely […]
3 Tools to Help Discuss College Tuition with Children
July 5, 2022
Schools are out for the summer, but the thought of college tuition rarely takes a break in the minds of parents with high school kids. This summer, you may want to add another family activity to your list − discussing college tuition. If you have a child that just started high school, this summer may […]
Do Good, Feel Good – Volunteering
June 28, 2022
Do Good, Feel Good – Volunteering is the first in a series of blog posts highlighting ways that individuals and families can have an impact on their community and the world. Outside of giving financially to an organization, volunteering is one of the top ways those who are philanthropically inclined can have an impact. There […]
Powell’s Pickle
June 23, 2022
In January 2013, I was in the market for a new car. With gas at the time above $4 per gallon, I opted for a Ford Fusion Hybrid. Of course, as soon as I made the purchase, gas prices dropped and remained low for the next nine years. Why share this anecdote other than to […]
Money & Marriage: Help Set Your Loved Ones up for Success
June 21, 2022
Do you know a newlywed couple, a newly engaged couple, or a couple that is soon to be married? If so, you know someone experiencing one of life’s most significant transitions. Even if experiencing newlywed bliss, your loved ones have likely not been able to go their entire life without thinking about divorce or hearing […]
Market Pullbacks and Financial Planning
June 7, 2022
With market volatility comes ups and downs. You may pay closer attention to your portfolio when the headlines are flashing red on the screen than prioritizing other aspects of your financial life; it is only natural. Taking a step back to evaluate the bigger picture can be beneficial to your wealth and stress levels. When […]
The 3P’s for Financial Professionals – Passion
May 31, 2022
One of my favorite questions to ask financial professionals (private equity professionals, investment bankers, and asset managers) is how they define wealth. For some, their answer is largely defined by the strength of their balance sheet or the variety of assets they own. Others characterize it by metrics of their personal success or by the […]
A Close Eye on I Bonds
May 26, 2022
With the stock and bond markets in turmoil and inflation topping 8%, it is only natural for investors to seek any investment that offers attractive returns. Enter I Bonds – the latest bright, shiny object to grace the investment scene. Much has been written about I Bonds in recent months especially given the 9.6% interest […]
Looming Recession?
May 12, 2022
Downward markets have been drawing a lot of attention as of late. Among the many potential reasons for a decline is a slowing economy. Market pundits have been busy vocalizing their predictions on whether a recession is on the horizon and, if so when it might occur. Recessions have been loosely defined as two consecutive […]
Plan For Your Death…So Your Loved Ones Don’t Have To
April 26, 2022
Death is topic that no one wants to think about. However, the loss of a spouse can be devastating from both an emotional and financial perspective, especially if the deceased spouse was primarily responsible for managing the couple’s finances. The good news is that doing some planning now will ease the burden your grieving loved […]
Working Wealthy – Where Does the Money Go?
April 19, 2022
Have you ever asked yourself, “where does all the money go”? I’m fairly certain you probably have at least once or twice during your lifetime. Most people leave the question dangling and then pour a glass of wine or unwrap a chocolate. However, you cope with the idea of understanding your spending, you should be […]
The Dreaded Inverted Yield Curve
April 14, 2022
Many pundits have viewed an inverted yield curve as a signal for a recession. An inverted yield curve is defined as when short-term interest rates are higher than long-term rates. Although there has been previous correlation between this inversion occurring and a recession, it’s not as clear-cut an indicator as one may think. The Yield […]