The world’s largest marathons may attract 30, 40 or 50 thousand runners.   The Los Angeles, Chicago, New York, Boston, Berlin and London marathons attract tens of thousands of runners each and every year.   The runners have different abilities and backgrounds but all have a similar goal of finishing...

Roll Tide!

by Bill Parrott on

I have observed a few things over my lifetime that I know to be true.  The sun rises in the east and sets in the west.   The tide comes in and the tide goes out.   The spring always follows the winter.   The stock market rises and the stock market falls.   As Kevin Bacon said in A Few Good Men,...

The cupbearer was a trusted confident of the king and was held in high esteem.   What is a cupbearer?  The cupbearer was the person tasked to taste the king’s wine to make sure it was poison free.   If the cupbearer drank the wine and lived, then it was safe for the king to drink generously.  ...

Peaks and Valleys.

by Bill Parrott on

Last summer, my wife and I hiked to the top of Estes Cone located inside the Rocky Mountain National Park.  Our hike started in a valley at the trailhead to Long’s Peak and marched along the Eugenia Mine Trail towards the summit of Estes Cone at an elevation of 11,006 feet.   It wasn’t a fourteener...

Retirement. Heads or tails?

by Bill Parrott on

There are two sides to a coin.   Heads and tails.  Like a coin, retirement has two sides.  Financial and emotional.   The financial side of retirement is easy in my opinion.   With the financial side of retirement, you either have enough money to retire or you don’t.

The other side of retirement is...

Have you ever been in a traffic jam?  If you have ever driven on the 5, 10, 15, 405, 101, 110, 40, 70, 35, 91 or 95 it is likely that you have been stuck in a traffic jam.  I would put the odds at 100%.  At any point during your stay in a traffic jam did every contemplate getting out of the car and...

Can you pick stocks?

by Bill Parrott on
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By now you probably have heard of the FANG stocks.   The FANG consisted of Facebook, Amazon, Netflix and Google.   These four stocks had a great run in 2015 returning 82.72% to those who were fortunate enough to buy them on January 1st of 2015 and sell them on December 31 of 2015.    Were you part...

What if you live to age 101?

by Bill Parrott on
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What if you live to 101?   Are you financially prepared to live to age 101?  It would be terrible to live to the ripe age of 101 only to run out of money at age 91.   This risk of outliving your money is called longevity risk and it is a real concern among today’s investors.   It is especially a...

Talk to me Goose.

by Bill Parrott on
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Thirty years is a long time.   It is hard to conceive that 30 years ago was 1986.  1986 brought us Top Gun, the Chicago Bears and the Challenger Space Shuttle tragedy.  

Today, the yield on the United States Treasury thirty-year bond is 2.61%.  It is hard to imagine investing in this bond today and...

The Natural.

by Bill Parrott on

The Natural is one of the greatest baseball books of all time.   The Natural was written in 1952 by Bernard Malamud and later adopted into a movie starring Robert Redford.   Roy Hobbs is a young man with a gift for throwing fastballs for strikes.    Roy Hobbs was nineteen when he was shot in Chicago...

It is time to sell. Everything!

by Bill Parrott on

Is it time to sell everything?  You should not sell everything but you may want to sell something.  The stock market continues to underwhelm in 2016 and this trend looks like it may remain in the near term.   The fear of the downside is real and growing among investors especially if you pay...

There Will be Blood!

by Bill Parrott on

There Will be Blood is a 2007 movie starring Daniel Day-Lewis.   The movie is based on Upton Sinclair’s book Oil!   Mr. Sinclair’s great book was published in 1927 and dealt with the struggles of greed and fear that many faced in the early days of the oil industry in Southern California.   I am sure...