Storage Wars

by Bill Parrott on
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Driving around my neighborhood, I noticed several large storage units. A Google search for storage units near my house netted about twenty facilities, with more in the works. Storage units are necessary for short-term moves or projects, but others may suffer from affluenza or hoarding. If you depend...

Spring Cleaning

by Bill Parrott on
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Snow melts, flowers bloom, grass grows, and Robins sing. Spring has arrived, and it's time for some spring cleaning.  

When my family lived in Connecticut, we loved the arrival of spring. Once the snow melted, we'd put our yard back together. We picked up branches and tree limbs, cleared flower...

Where to invest?

by Bill Parrott on

I received a windfall, and I'm looking for the best investment. I plan to talk with friends, family, and acquaintances to learn how they invest their money. I will also watch videos on TikTok, YouTube, and Facebook to harness the wisdom of financial influencers.

My funds are currently in a...

Does Valuation Matter?

by Bill Parrott on
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A few stocks are moving the market. If you own the Magnificent Seven and a few AI-driven stocks, you are making a killing, leaving value-oriented investors and diversified portfolios in the dust. AI is changing the world; investors want to cash in on this new paradigm, regardless of valuation...

The Power of Dividends

by Bill Parrott on
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Dividends don't get a lot of respect, yet they have contributed to about 32% of the total return for the stock market since 1926, according to Hartford Funds.[1]

Dividends are easy to track because they show on your brokerage account statement. You can count them monthly, quarterly, or annually...

What If?

by Bill Parrott on

What if the Federal Reserve does not lower interest rates this year? What if they leave them alone? Since 1990, the Federal Reserve has tinkered with interest rates 76% of the time or 26 years out of  34 in which they took action. Sometimes, they would step on the gas and lower rates; other times...

Are You Too Frugal?

by Bill Parrott on
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The person who dies with the most toys – loses!

John Bogle, the founder of Vanguard, recently passed away with a net worth of $80 million. By Wall Street standards, $80 million is pocket change, especially for someone who founded one of the world's largest investment and asset management firms...

A Quiet Billionaire

by Bill Parrott on
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Most investors have heard of Warren Buffett and Peter Lynch, but what about Herbert Wertheim? Dr. Wertheim is worth $5 billion, according to Forbes. In a Forbes Magazine article, he credits his substantial wealth to buying and holding individual stocks forever. Dr. Wertheim said, "My goal is to buy...

Worse Than A Stock Market Correction?

by Bill Parrott on
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Investors are constantly scanning the horizon, looking for a stock market correction. While watching the front door, anticipating a stock market correction, they leave the back door wide open. Stock market crashes are painful but temporary, while a poor estate plan can cause permanent damage to your...

No. How Can I Help You?

by Bill Parrott on
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Are customers always right? In the retail sector, employees adopt a "customer is always right" approach, prioritizing saying "yes" to client requests and fulfilling their immediate desires rather than addressing their needs. Consequently, encountering a salesperson willing to say "no" to client...

Eleven Months Left

by Bill Parrott on

January has come and gone in a flash. Are your 2024 goals intact? Do you still wake up at 4:30, hit the gym, run 50 miles, take a cold plunge, eat kale, meditate for hours, document your journey, and post it to social media? Or have all your hopes, dreams, and goals already vanished? Fear not; there...

Decisions

by Bill Parrott on

According to PBS, we make about 35,000 daily decisions, such as where to eat or what to wear.[1] Greg Groeschel of the Leadership Podcast says, "Indecision is a decision." Harvard has shared insights on crafting effective decisions, highlighting eight key elements. Among these, they emphasize the...