FOCUS ON YOUR OWN FINANCIAL JOURNEY

The flight from our California office takes me on a route travelled daily by thousands of others. Last week while enroute I was alerted to a Gulfstream G3 jet passing above me. I was flying my normal 300 mph but the G3 was doing closer to 500. I watched the gap between myself and the…

Details

WILL BITCOIN REPLACE THE DOLLAR?

​A few years ago, one of my sons who has always been very tech oriented introduced me to Bitcoin, which was trading for about $10 at the time. I felt his pain as he struggled to teach this “baby boomer” about the new digital technology which he insisted was going to flood the earth. In…

Details

IS IT TIME TO THIN YOUR HOLDINGS?

When I was 15, I spent a summer living at my cousin’s house working for a local farmer. Farm work is hard but the task that was particularly difficult for me, on an emotional level, was when he sent us out to thin the peach trees. We climbed ladders up into the trees loaded with…

Details

WHAT THE GAMESTOP SQUEEZE CAN TEACH US

​In the Bible a conflicted Pontius Pilate posed the question, “What is Truth?” Those three words sum up much of the human experience. The year 2020 will be remembered as an often-heated battle to find truth. The virus response, racial tension and numerous areas of political debate deeply divided our nation. With each declaring the…

Details

WALL STREET’S NEW PARTICIPANTS

​In the mid 1950’s a mutual fund family was approached by a convent of nuns who had a couple million dollars to invest. Because of their religious beliefs, they didn’t want any of their money supporting businesses involved in the sale of alcohol, tobacco, or gambling. The fund family had no existing offerings that qualified…

Details

WHO BENEFITS FROM HIGHER TAXES?

As we move further into 2021 and see the policies of the new administration unfold, it will be good for investors to keep a close eye on the intended, and perhaps more importantly, the unintended consequences of the various actions. One of the Biden administration’s stated policy goals is to revoke the Trump tax cuts and…

Details

WINDS OF CHANGE BRING OPPORTUNITY

It has been said that boats are safe in the harbor, but boats weren’t made for the harbor. I love sailing and I recently read a book by Jessica Watson, the 16-year-old Australian who sailed her 34-foot yacht nonstop and single-handedly around the world. Her story is one of amazing preparation and courage. Though I…

Details

FREE STUFF CONTINUES TO DRIVE MARKETS

My Dad had a traditional activity at family reunions he called a “scrambles.” He first gathered all the children in a semi-circle in front of him. In his arms was a huge box filled with candy which he would toss into the screaming crowd while yelling, “Scrambles.” This wild event was always very popular with…

Details

WHO WILL THE STIMULUS HELP?

Ronald Reagan warned us to fear the words, “I’m from the government and I’m here to help.” With congress obsessed over trillion-dollar stimulus packages to “help” struggling Americans, let me share an analogy from college football. Imagine for a moment that the Rose Bowl game will be played this year with 100,000 fans in attendance.…

Details

OUR FUTURE – HOPE OR DESPAIR?

In 1897 the New York Sun responded to young Virginia O’Hanlon’s simple question about Santa Claus. She had heard conflicting opinions on the issue of Santa Claus but her Papa had assured her that she could find the truth by asking the paper because, ‘If you see it in The Sun, it’s so.’ The response to…

Details