Please let me preface this post by the fact that my wife, Nikki, is more grounded than me.  I think about the future – a lot.  Which bodes well for clients; it doesn’t always for a spouse.  I’m obsessed with making things better, incremental improvements, and never stopping.  Finding contentment and being grateful comes more…

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There are many complicated layers to being financially independent – like an onion.  First a quick personal story for analogy. I use Wednesday as a day to be less structured.  It’s my day to be in less of a hurry, more creative, and to think.  The highlight of the day is putting our oldest child,…

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The topic of polarization has been covered at nauseum, especially in consideration of our current political landscape, but I’m going to give it a whirl from a slightly different angle – and, make the claim that this topic has a substantial impact on everyone’s future wealth accumulation/preservation story. Let’s try to come at the topic…

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I recently wrote about the ‘expert mindset’ in Be Wary of the Expert.  The post was meant to encourage all of us to continually learn and be open to being wrong vs putting a stake in the ground as the expert.  The feedback was interesting on the post, not unexpectedly. My view on the ‘expert mindset’…

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We all have a silent business partner.  His name is Uncle Sam.  He requests that you buy him out before you take your money home.  He gets a bad rap, but he’s not a bad guy.    Let’s just make sure we’re not paying above FMV.  Roth IRAs can be a useful tool. The Roth Conversion…

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If only I could take credit for this recent Tweet by an industry colleague: Me: Oh, that’s interesting.  I’m not familiar with that designation.  What’s it stand for? Other finance dude: Ummmmm, I don’t really remember.  I bought it like 10 years ago. LOL. In addition to its entertainment value, the Tweet also made me…

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$1,000 decisions are important.  Managing your cash flow is important.  If ignored, they can add up to much larger concerns.  $100,000 decisions are even more important.  Because they are often less obvious, more abstract, beyond conventional thinking, and push our comfort zone – they capture less of our attention.  The 80/20 rule is almost always…

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In the last 12-18 months, I’ve fielded a lot of questions about mortgages and how they tie into your financial plan.  There seems to be a knee jerk reaction that not carrying a mortgage is your best option and that the sooner you can relieve yourself from all debt – the better.  Sometimes this is…

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In Q3, we typically revisit our client’s risk tolerance.  This year, that review seemed particularly applicable given the volatility we saw in the months of July and August.  I was curious what sort of responses we’d receive.  For the most part, my observations have been that volatility is becoming a bit of our expectation and…

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running

Transportation/Destination first Your financial plan represents your transportation and destination(s), while your investment portfolio (among other items) are your fuel.  Most importantly, your plan is determined before you fuel the airplane.  Otherwise, our investment selection is based on negative emotions, primarily fear or greed.  Eye on the prize. Costs Largely, I believe in passive ETF…

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