Tax season is over but it’s hardly business as usual because the Tax Cuts and Jobs Acts is now live. This new law brings several changes for tax payers, and, as always, there are winners and losers. In addition to the new changes, tax payers should look for ways to reduce, eliminate, or defer their...

Moving?

by Bill Parrott on

Real estate signs are popping up like dandelions, spring is in the air and people are on the move. Moving for a new job is one reason for the mobility. How often are people moving? According to the Bureau of Labor Statistics people change jobs every 2.5 years between the ages of 18 and 48.[1]  In an...

The travel industry has experienced major changes since the birth of the internet.  According to the Bureau of Labor Statistics the number of travel agents is expected to decline by 12% to 72,000 by 2026.[1] Companies like Booking.com, Trivago, Expedia and Kayak have filled this void as individuals...

It’s hard to do nothing. It’s hard to disconnect in a connected world. If you have children you’ve probably heard them say: “I’m bored, there’s nothing to do!” If you want to see how hard it is to do nothing, turn off everything around you and close your eyes for five minutes.  Welcome back. How’d y...

Think Different™.

by Bill Parrott on

Think Different was a successful advertising campaign launched by Apple in 1997, the same year they introduced us to the iPhone, a revolutionary product. The iPhone allowed us to think and act different by changing the way we communicate and access data. Companies like Uber have prospered because of...

The supermarket is a Venus flytrap for unsuspecting shoppers. If you’ve been shopping without a grocery list while hungry you know what I’m talking about!

Store designers carefully dictate your flow through the aisles making sure you cover every square inch of floor space. When you enter, you’re dr...

Here Come the Millennials!

by Bill Parrott on
Categories

The millennials are coming, and they’re armed with dollars!  The last cohort born in the 20th century has now surpassed the Baby Boomers as the largest generation.  A generation once defined as moochers living off their parents while sleeping in the family basement has now entered adulthood.  The mi...

Draft Picks

by Bill Parrott on

With the first pick in the NFL draft…

The kick off for the NFL draft is tonight and the lives of 253 young men will be forever changed. Fame and fortune awaits these newly minted professional athletes. 

What are the odds for a college football player to make an NFL roster? According to the NCAA ab...

3 Percent

by Bill Parrott on

Three is not a lonely number but it is a crowd and a bit odd.  The number three appears in stories like the Three Musketeers and the Three Little Pigs. The Nina, Pinta, and Santa Maria sailed the ocean blue as a threesome.  Famous athletes who have worn the number include Babe Ruth, Dwayne Wade, Can...

The Philadelphia 76ers mantra has been “trust the process” after their GM, Sam Hinkie, was hired in 2013.  Mr. Hinkie said, “We talk a lot about process – not outcome – and try to consistently take all the best information you can and consistently make good decisions. Sometimes they work and sometim...

The West Wing

by Bill Parrott on

The White House is a symbol of hope, peace and freedom and The West Wing is where the power reigns.  It houses the Oval Office, the Cabinet and the Situation Room.   

The President of the United States is the leader of the free world, so when he speaks, people listen. In year’s past they’ve used th...

The Dow Jones Industrial average has fallen 10% from its January peak of 26,616 and volatility has returned in force. The Dow has experienced 28 days with moves of more than 1%: 14 up, 14 down.  In February, the market fell more than 4% twice. 

The VIX, a measure of volatility, has increased 114% t...