A college football player whose injury forced him to sit out his teams’ bowl game was interviewed about his experience and future. He recounted the hit that took him down, and his severe pain as he was carted off the field. The interviewer asked if he was disappointed to be missing the big game and…
DetailsThe current investment markets are in a battle between interest rates and inflation. Let me see if I can explain it a bit by starting in the 1980’s when I financed my first home with an 18% loan.No, that is not a misprint. I laugh at today’s young home buyers who worry about 30 year…
DetailsOn my first date with Launa , when the waitress asked for her drink order she replied, “A glass of water please.” Thirty-six years later whenever we have eaten out her drink orders have always been the same. I don’t think any of our kids even knew restaurants offered soda. Eating out once with another…
DetailsTwo years ago I wrote about our booming economy and my hopes for a strong future. I listed five key reasons why I thought the economy would continue to grow and reward investors in the process. I mentioned that maintaining those five items would be an important part of continuing our growth cycle. So today…
DetailsAchieving any success has always come with a price. My wife, a wonderful piano player, spent her whole life practicing and developing her skills. Our first major purchase together was a beautiful piano, and nothing we have ever owned has gotten more use. I used to lay on the floor listening for hours as she…
DetailsSailing has taught me about being prepared. Every time we leave the safety of the harbor we venture into the unknown. We usually expect a fun pleasant journey, but we are always prepared for the worst, because we know that sometimes the worst will come. Sailors know that expecting the unexpected is the best way…
DetailsIn 2007 I learned a valuable lesson from a dear friend who was running a successful business. Like most businesses, the growth of his company always preceded the revenue and so it was necessary for my friend to use credit as a funding mechanism. Lines of credit also helped him smooth out cash flow as…
DetailsIn 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…
DetailsThe holiday season is a time when I meet with people to discuss their dreams, and their fears, for the coming year. They often ask why I am optimistic when there is so much to be worried about. Am I blind to the world around me or do I know something they don’t know? Author…
DetailsI had an interesting visit with a younger investor this week regarding a particular cryptocurrency. Our office does not offer, nor make recommendations on cryptocurrency investments, but I will share this story for educational purposes only. The young man wanted to buy a certain coin that all of his friends were recommending to him. It…
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