The stock market is soaring this year with index returns topping 20 percent. The NASDAQ, S&P 500, and Dow Jones have risen 27.3%, 23%, and 18.4%, respectively. It’s a good year to own stocks despite Brexit, The Trade War, and the Boeing disasters.

Are you earning 20 percent? If so, congratulations...

You’re Hired!

by Bill Parrott on

While working at Morgan Stanley, I hired scores of individuals for the firm’s financial advisor training program. Directly or indirectly, I talked to hundreds of individuals about our firm. To hire hundreds, I reviewed thousands of resumes.

Finding individuals to work at Morgan Stanley was not...

The Giving Season

by Bill Parrott on

November is the beginning of the giving season. From now until the end of the year, charities and non-profits will receive much-needed dollars to help fund their mission. For several organizations, the money they receive in the next few weeks will subsidize most of their annual budget. Individuals...

Can You Endure?

by Bill Parrott on

Webster dictionary defines endurance as the “ability to withstand hardship or adversity, especially the ability to sustain a prolonged stressful effort or activity.” The ability to endure trials and tribulations is vital if you want to experience victory. We learn and grow through adversity.

Loyal...

The Washington Nationals are going to the World Series for the first time in their history. The Nationals moved to Washington DC in 2005 from Montreal where they were the first major league baseball team in Canada. The Expos played in Montreal from 1969 to 2004. The combined franchise has had some...

To 403(b) or not to 403(b)?

by Bill Parrott on

Teachers and non-profit professionals do remarkable work. They prefer to work for a cause rather than a paycheck. The hours are long, but the impact they have on others is significant. I still remember the influence my 4th-grade teacher had on my life.

My mom, grandmother, aunts, sister, and wife...

The Five Best Mutual Funds!

by Bill Parrott on

Stocks are soaring and nearing all-time highs. As they continue to climb a wall of worry, they’re leaving nervous investors stranded on the sidelines. I started thinking about the historical performance of the stock market and wondered why investors don’t buy the best performing funds?

After a...

Full Stop

by Bill Parrott on

Full stop. The end. Period. No more. No Mas. I’ve noticed lately that politicians, commentators, and other public figures have been using the term “full stop.” I guess they want to punctuate their point, so the viewer or reader knows they’ve stated their position, and there will be no more...

Twice a year, my neighborhood holds a yard sale. It’s well advertised, so people come from all over town to hunt for trinkets and treasures. The buyers arrive with a plan and a purpose.

The people who visit our neighborhood are seasoned yard sale shoppers. Arriving in trucks with trailers, they...

Should You Invest in an IPO?

by Bill Parrott on

We like shiny new objects. For investors, the object is the initial public offering or IPO. Getting in on the ground floor of a hot offering is a huge draw. A few high-profile private companies are now publicly traded. Companies like UBER, Pinterest, Slack, Lyft, Chewy, Beyond Meat, Levi Strauss,...