My sister found a trove of old family photos going way back to the 1800’s. As I looked through the collection, what stood out the most was how dramatically different my life is from what my recent ancestors experienced. In the time frame of humanity 100 years is just a blip, but what a difference…
DetailsA university student interested in financial planning came to my office to discuss the industry. He asked, “What is the most important thing for me to do to prepare to be a financial advisor?” He listed the potential classes he might take, and internships that were available to him, trying to give me a bigger…
DetailsI drove past a business in town and noticed a big tent with banners advertising free hotdogs. In the parking lot stood quite a long line of people waiting for their food. I chuckled when I recognized many successful acquaintances in that line. I thought on the uniqueness of the situation. These well-heeled individuals were…
DetailsYears ago I had a client for whom I created a financial plan designed to get them comfortably to the end of their lives. A few months after the husband passed away, we received a call that was out of the ordinary. This nice lady needed $25,000 to pay for some remodeling in her home.…
DetailsAn extensive exit poll this week demonstrated the vast divide in American politics. On each issue the respondents came down heavily along party lines. One question that stood out to me was, “How do you feel about the state of the economy?” Over 85% of Republican respondents said it was “Great” while over 85% of…
DetailsYears ago I hired a personal trainer to help with some body building goals. As I worked with him for a few months I saw significant improvement in the way I felt, and the way I looked. After a while I got tired of paying him so I let him go, thinking I could move…
DetailsFinancial advisors often write articles telling investors what they are doing wrong. Some print booklets with titles such as, “The ten biggest mistakes investors make,” or “The eight reasons to never own (fill in your favorite investment to hate)…” I would like to turn the tables and discuss mistakes Financial Advisors make. 1 – Telling clients they…
DetailsOur African safari included a tracker who sat in a chair mounted on the front of the jeep. Over multiple game drives we gained a great appreciation for his remarkable skills. Each drive would begin with his asking what we wanted to see that day, and without fail he would find it for us. Whether…
DetailsAs a pilot I am often asked, “What if something goes wrong?” Things do go wrong sometimes, but passengers rarely hear of it. They go wrong for commercial pilots too. In one funny exchange I heard a commercial pilot announce an urgent landing due to a “strange smell in the cockpit.” That definitely generated a…
DetailsLauna and I recently returned from a photo safari to Africa. Even though it was on our bucket list, we had some apprehensions about this trip given the immunizations, safety warnings, political uncertainties, etc.. The unknown always brings with it some anxiety and so we did all we could to educate ourselves on our destination.…
Details