How Do Your Financial Ripples Look?

We all make many different financial decisions throughout our lives. You make retirement planning decisions, insurance decisions, college planning decisions, mortgage decisions, tax decisions, debt reduction decisions, charitable decisions and the list goes on. And you will continue to make these decisions as you progress throughout the phases of wealth accumulation, distribution, and preservation. The problem is not Read more about How Do Your Financial Ripples Look?[…]

The Only Tax You Owe is the First One!

If you have ever read the tax code from cover to cover please raise your hand. Don’t be silly put your hand down. For one reason I cannot see you raise your hand through your computer screen (only the government can do that). And the other reason, the tax code is 75,000 pages – who is Read more about The Only Tax You Owe is the First One![…]

Doctor, it hurts when I do this!

Doctor, it hurts when I do this. Do what? Pay Taxes! There is lots of talk today about the government’s new tax plan proposal. Current speculation ranges from tax breaks across the board to taxes that hurt the middle class to tax breaks just for the rich. I am here to tell you that whatever Read more about Doctor, it hurts when I do this![…]

Taxed Once, Taxed Twice… Social Security Ain’t So Nice!

By now you are used to all of the various deductions on your paycheck. Guaranteed you will have withholdings for Federal Income Tax, Social Security (FICA), Medicare (FICA), health insurance, possibly life and disability insurance and your 401k contributions. The Social Security deduction under the FICA umbrella is a tax that you pay every week Read more about Taxed Once, Taxed Twice… Social Security Ain’t So Nice![…]

Life lessons you can learn from Indiana Jones.

Let’s go back to 1989. The blockbuster, Indiana Jones and the Last Crusades is in theaters and is entertaining millions. In the movie, Indy and the bad guys are searching for the Holy Grail which will grant immortality to those who drink from it. Indy gets captured and is forced to pass a series of Read more about Life lessons you can learn from Indiana Jones.[…]

The History of Monopoly, and what it means for a Business Owner!

Monopoly has been around for decades. Even though it is an “old” game my kids still love to play it. They have their favorite pieces of property to own and they are now beginning to use strategy to win. It is truly fun to watch their minds grow. How many of you know that Monopoly Read more about The History of Monopoly, and what it means for a Business Owner![…]

Jeopardy, Double Jeopardy and Double Taxation!

Bear with me while I tie a few things together… The game show “Jeopardy” has been around since the 1960’s. It wasn’t until I was much older that I began to appreciate the show for what it is and what it isn’t. I am amazed at the amount of obscure trivia that the contestants knew Read more about Jeopardy, Double Jeopardy and Double Taxation![…]

Why you never have, nor ever will own the S&P 500 or any other Index for that matter!

Virtually every person that I meet with owns a S&P 500 mutual fund or ETF. And most likely they own several other indexes. The problem is, they don’t actually own these indexes. You see, you cannot actually own them, not really. The reason is, is that there is only one S&P 500, one Russel 1000, Read more about Why you never have, nor ever will own the S&P 500 or any other Index for that matter![…]

Mutual Funds Exposed! (Part 6 of 6) Cash in a Mutual Fund is NOT King!

On average fund managers have between 3% and 7% of cash on hand for buying opportunities and redemptions. Let me ask you – what is the ROR of the cash in your bank account? 0%. This is dead money, because cash earns no return. Essentially, buy and hold investors are subsidizing other investors’ liquidity needs. Hence mutual Read more about Mutual Funds Exposed! (Part 6 of 6) Cash in a Mutual Fund is NOT King![…]

Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)

If a star money manager leaves what ramifications does that have for the investors that stay? How many of you have ever heard of Bill Gross?  Bill Gross helped build PIMCO into a $2 Trillion firm. Bill left PIMCO to join Janus Funds in 2014. if you own Pimco during this time, you most likely Read more about Mutual Funds Exposed! (Part 5 of 6 – Great Managers Don’t Stay)[…]