During college, my friends and I would often go skiing in Lake Tahoe. I wasn’t a good skier, but I could fight my way down a mountain. Most of the time, I didn’t realize the risk I was taking because my friends were much better skiers, and I went where they went. One afternoon we were skiing at...
My friends and I would ride our bikes (Schwinn’s) to Thrifty’s Store to get ice cream. Thrifty’s ice cream was the best, and it was economically priced for young kids – 5 cents for a single, 10 cents for a double, 15 cents for a triple. Thrifty’s used an ice cream gun to produce near-perfect...
Lose weight. Exercise more. Save money. Take a trip. It’s that time of year again to make New Year’s Resolutions. In January, optimism is high, but by year-end, it fades. According to one study, only 8% of people achieve their goals.[1] My two main 2020 goals are to climb a 14er in Colorado and...
Christmas Eve is a time of peace and joy as Christians celebrate the birth of Christ, and children of all ages anxiously await the arrival of Santa Claus. It’s a wonderful time to spread good cheer.
Pre-holiday trading days are usually benign as traders and investors leave their computers and...
In college, I learned the if, then command while studying the BASIC computer language. BASIC is a conditional language that relied on the if command. If X is true, then Y is false, and so.
Financial planners rely on if, then statements regularly. It’s common for planners to include a statement...
Friends was a favorite television show of mine. Each Thursday night, I was glued to the TV to watch the eclectic mix of characters - Rachel, Phoebe, Joey, Monica, Chandler, and Ross. They made me laugh for ten years. The show worked because each character had unique and special talents. One of my...
Retirement is an exciting and frightening time, especially if you’ve been working for the past forty years. Yesterday you were working, today your retired.
I helped an individual jump into retirement. We consolidated multiple accounts and assets after completing a financial plan. He worked for...
Starting a business is a crazy idea and a daunting task. Each month, about 540,000 individuals launch new businesses and half of them will fail within the first five years.[1] I took a leap of faith a few years ago to start my firm when I turned fifty and so far, so good.
The primary reason I...
According to an article published by AARP, almost half of Americans fear running out of money in retirement.[1] A challenging part for people entering retirement is to determine how much income is needed to last a lifetime. You don’t want to run out of money at 83 if you’re going to live to age 90. ...
The end of the year is quickly approaching, and what a year it’s been. The S&P 500 is up more than 25%, and unemployment is near historic lows. It’s been a great year to make some money and do some good.
As we approach the end of the year, here are fifteen tips you can incorporate today.
- Contrib...
The Baylor Bears are enjoying an excellent football season. They currently rank 9th in the polls after trouncing The University of Texas. With a record of 10-1, they’re headed to the Big 12 Championship Game for the first time in school history for a rematch against Oklahoma. Hopefully, they’ll be...
My Uber driver was from Afghanistan. He moved to the United States with his wife and two young children to escape the atrocities and horrors of his former country. He was an animated character.
On my drive from the airport to my hotel, I learned much about this gentleman. He is attending school to...