February 14, 2023
When looking for investment strategies to help you increase your retirement, one of the hottest options out there right now to invest in is individual real estate. Pundit after pundit is screaming, “Buy real estate! Buy real estate!” And while I don’t necessarily disagree with this concept, I do have a few suggestions to make before you start using retirement funds to buy real estate investments.
July 5, 2021
I recently received a listener question that I’m all too familiar with. Over the past twenty years or so, of my career, I’ve fielded one question thousands of times. It’s been asked in a variety of different ways but it all comes down to the same basic point. I’ve even had a few close friends, who have never needed the services of a financial advisor, suddenly come into windfalls that are now prompting them to ask this question. The question? What is the average cost of an investment advisor? More specifically, what is the average cost of hiring an investment advisor to manage $1MM or more?
June 15, 2021
Cryptocurrency has become a fashionable asset over the past few years. However, many people don’t truly understand it. In fact, I recently had a business owner call me to ask if they should go “all in” on cryptocurrency. Hence, the title of this entry. Now, I told this owner not to place 100% of their money into cryptocurrency (“all in”), but that doesn’t mean it can’t have a place in your investment portfolio. With today’s entry, I’m going to try to explain an extraordinarily complex subject in financially simple terms. So, get comfy. There’s a lot to unpack here.
February 17, 2021
February 11, 2021
Wall Street can be a polarizing subject. Some make it their hobby, keeping tabs on each day’s market movements and trying to strike it rich with the next big thing. Others, like Occupy Wall Street, view it as a symbol of greed, excess, and corruption. However, when it comes to business owners, there is a love/hate relationship with the financial icon. In today’s post, I’m going to explore this relationship and reveal why business owners need Wall Street.
December 3, 2020
Whenever we talk about calculating our retirement wealth gap, a common question comes up. This is the question of investment assumptions. What should we assume for our ROI when making these calculations? This can be a complicated issue because one of the ways to find the answer is to look at historic data across market indices.