HEADWINDS AND PORTFOLIO RETURNS

Winter is arriving and that presents new challenges for pilots. On the positive side, the terrible summer turbulence will be gone. I won’t have my family complaining about the rough afternoon approaches into my desert airport. I love flying in the heavy, cool winter air where the engine can breathe better, the air is smoother,…

FOLLOW THE MONEY TO AVOID FRAUD

I recently read a particularly troubling story about an advisor who had stolen millions of dollars from his clients over many years. He had done so largely by forging client signatures on transfer documents. Many of the clients were single and elderly and so the advisor likely felt he would be less likely to be…

DON’T USE AN AIRPLANE TO PLOW A FIELD

Have you ever been flying in heavy turbulence and watched those big wings bouncing up and down, wondering if they were going to break? Yeah, me too. Given how much weight those wings are carrying and the intense pressures being exerted on them as they travel hundreds of miles an hour, it is a marvel…

GET YOUR FINANCIAL HOUSE IN ORDER

​It was a great week in our office with my son Jared, and son-in-law Jason, both passing their CFP® exams. Apart from all the pre-requisite educational and experience requirements, they both studied almost every day for over a year to prepare for the very difficult test. You can imagine the celebration when they both passed,…