“It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes” – Warren Buffett We have a new year upon us. 2021 was interesting to say the least so let us look at what was bad. • Inflation is estimated at 6.8% for 2021 and not getting better. o New and …
The Chinese have a 12-year zodiac cycle calendar. Each year coordinates with a different animal. Last year was year of the Tiger and 2023 is year of the Rabbit. We will call 2023 Year of the Recession. If you read the financial news, it is not too rosy. According to a poll from Gallup, 79% …
“The secret of change is to focus all your energy not on fighting the old but on building the new.” -Socrates Starting January 1, 2024 Brian and Subhani will no longer offer securities through Crown Capital Securities, LP. What does this mean? Not much to most of our clients. Allow me to explain how we …
Topics: ⦁ Converting to a Roth IRA ⦁ Family Income Protection When it comes to discussing money, the questions “How is the Economy?” and “How is the Stock Market?” seem to be interchangeable to most. However, there is a huge difference. The Oxford dictionary defines the economy as “The wealth and resources of a country …
The Markets and The Economy – Don’t Confuse The Two Read More »
“Only liars manage to always be out [of the market] during bad times and in during good times.” -Bernard Baruch, Market Spectator, Statesmen In 1998 a really smart businessman and stock investor told me the market is going to crash. He was right! It did, over 2 years later! So, what happens in the meantime? …
On July 11th my book ‘Retire Like You’re on Apollo 13’ was released to Amazon in Kindle, Softcover, and Hardcover formats. The book took me a year and a half to write. I didn’t use a ghostwriter or AI. I did use Grammarly software to edit because I suck at grammar. (Grammarly froze up on …
“The best way to find yourself is to lose yourself in the service of others.” – Mahatma Gandhi Many years ago, I hired a young single mom with 3 kids. In time I discovered that she did not have a driver’s license. I told her that she needed to correct this issue. When she went …
“Advisors should take advantage of today’s low tax rates — and “do Roth conversions while taxes are on sale!” – Ed Slott, CPA IRA expert Taxes is a hot potato political topic. (Say that 3 times) There are those who say we should pay more, that the rich don’t pay enough and we need to …
There are two ways to make money on your investments. Total Return (TR) comes from either Income (I) from interest and dividends or Growth (G) capital gains/losses or a combination of the two. Income is crucial to those who are in retirement or within 10 years of retirement. Why? Relying on growth investments for income …
TR = I+G. Cash Flow, Say It Like A Late Night DJ Read More »
There is a reason I am not a ‘go walk in the wood’s’ kind of guy. I am scared of bears. (I am also scared of teenagers, zombies, and aliens, that find people in the woods and eat them) I have a strict don’t eat me policy. If you do encounter a bear the ‘experts’ …
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