DO YOUR INVESTMENTS HAVE A FUTURE?

In 1975 an unsuccessful man by the name of Gary Dahl was hanging out with friends at their favorite bar. They happened to be discussing their family pets and how much trouble they were. The more they drank the louder they laughed until Gary, without any forethought, blurted out that he had the best pet…

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GREED DRIVES SCAMS

There once was a farmer who wanted to raise a turkey so he built a pen with a nice bed of straw, fresh water daily and plenty of food. He put a baby turkey in the pen and each day checked on the bird, changed its water, and filled its food bowl. The turkey loved…

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SNOW IN THE DESERT

Saint George, Utah, is often listed as one of the top retirement cities in the country. It is one of the most beautiful places on earth, surrounded by National and State parks with breathtaking scenery. The beauty is magnified by the temperate climate with mild winters. According to the Chamber of Commerce, the city enjoys…

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KNOW YOUR INVESTMENTS

From a young age I was interested in business, and airplanes. Now I have the privilege of owning a business that uses an airplane for visiting clients. I am fortunate to be able to do what I love, and get in a lot of enjoyable flying along the way. My Dad was brilliant and I…

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INFLATION – WORSE THAN YOU THINK

I suggested last week that if you want to be wealthy you should find what the wealthy are doing and copy them. Another step in following the wealthy is to avoid those areas that diminish your wealth. Some call these the “holes in the bucket.” One of the biggest holes is created by taxes. Few…

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INVEST LIKE THE WEALTHY

The rich, the top 10%, keep getting richer and the gap between them and everyone else keeps widening. Some say our flawed capitalistic system favors the rich. Would I get bombarded with ugly emails if I suggested that the lower 90% should learn from the rich and consider doing what they do? A speaker at a…

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THE 2018 CORRECTION – A GIFT TO INVESTORS

Every year I do two days of recurrent flight training to remain proficient in my airplane. During the training, the instructor will simulate potential emergencies to see how I react. For example, he may pull a few breakers causing various instruments and systems to fail. If I am able to fly the plane safely under…

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SPENDING – AN AMERICAN ADDICTION

How much do you charge? It is a common question for financial advisors. No one wants to overpay for advice, but underpaying can even be worse. Rather than asking, “how much do you charge” perhaps the question should be, “how much is your advice worth?” I am often asked for referrals to other professionals such as…

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WHAT DOES YOUR ADVISOR CHARGE?

How much do you charge? It is a common question for financial advisors. No one wants to overpay for advice, but underpaying can even be worse. Rather than asking, “how much do you charge” perhaps the question should be, “how much is your advice worth?” I am often asked for referrals to other professionals such as…

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THE DANGEROUS SPORT OF MARKET WATCHING

I love a good football game but sometimes get really annoyed with the non-stop analysis by the supposed experts who spend two weeks before any big game trying to explain all the reasons why one team or another will win. Once the game begins the sportscasters call the game in real time, and proceed to…

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