MAKE INVESTMENT CHANGES THOUGHTFULLY

Every airplane owner is familiar with the annual inspection. Required by the FAA to promote safety, every airplane must be taken annually to a qualified shop to be inspected. The procedure is quite involved, and can be a little discomforting when viewed for the first time. During the process the shop essentially opens the whole machine…

A CLUB YOU DON’T WANT TO BELONG TO

We took the kids to Disneyland one year and gave each child $20 to spend on non-food items. When we returned home all of the kids had spent their money except for Natali who reported that she had $22 left. Thinking she needed a math lesson we asked her to explain. She told us that…

INVEST FOR THE WHOLE GAME

Most lifelong investors have had the opportunity to hit a home run or two. Most have also experienced a few strikeouts in their investing career. Sometimes the timing is just right, and sometimes it can be really bad. As is human nature, I suspect most talk more about their home runs than their strikeouts. Yet,…

INFLUENCE OF WOMEN ON INVESTING

I have thoroughly enjoyed teaching a series of investment classes exclusively for women. Their thirst for knowledge and desire to take control of their financial lives is exciting. As women continue to assert their economic power, the world in which we live and the investors who live in it, need to be prepared for the…

AVOIDING FINANCIAL TURBULENCE

I flew to Phoenix this week to get Launa after an airline left her stranded when she really needed to be home. During pre-flight I told her the flight home would be smooth, but to be prepared for turbulence in the climb. She has flown enough that she doesn’t worry about the bumps, knowing from…

IS INFLATION FINALLY BACK?

In my youth my dream car was a Ford Pinto – ok don’t judge me. I was being responsible. A new Pinto back then sold for about $2500, which was still more than I could afford so I came up with $800 and found a really good used one. Well, except for the pink shag…

HAVE THE COURAGE TO SAY NO

We recently decided to take our grandson Braxton on a quick trip to California.  We were going to leave right as he got out of school so the night before he had his backpack ready and at the door. We were all so excited. He had never flown in a private plane before so he…

MARKET CRASH STUNS NATION!

Now that’s a headline! I am somewhat of a headline junkie. I enjoy comparing what was said, to what is really going on. This week the stock market generated some great new ones for my collection. A New York paper stated, “Crashing stock market wipes out all gains for 2018.” Wow, that sounds terrible, until you…

A PORTFOLIO YOU CAN HARVEST

Through much of my life I maintained some sort of garden, even enjoying sprouting vegetables from seed in a small greenhouse so as to have the full experience. Though I tried all sorts of crops, I always loved tomatoes the best and felt I could be happy just living on them entirely. One year I…

INVEST LIKE A PROFESSIONAL

When I was learning to fly, a client who was a retired air force pilot told me he was selling his airplane. He was sad about it because he loved to fly and his family loved flying with him. When I asked the reason he said that he was no longer able to commit to…