To be honest. In all honesty. Candidly. All cards on the table. And this is a true story. Different ways we all start sentences to let others know we’re extra serious this time and that every other time is a version of the truth.  We all struggle with truth.  It affects our contentment, our relationships,…

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There once was a farmer whose horse escaped.  His neighbor said, “Oh that’s terrible!”.  The farmer shrugged and said, “Who knows?”. The horse returned a day later with another horse.  The horse had made a friend. The neighbor said to the farmer, “Oh, that’s wonderful!”. The farmer shrugged and said, “Who knows?” The farmer’s son…

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Wealth lasts forever.  Money comes and goes.  Wealth saves us time.  Money costs us time.  Wealth is how we’re remembered.  Money is our transfer vehicle.  Wealth is up to you and me.  Money is elusive. Wealth is a foundation.  Money is an accelerant.  Wealth is limitless.  Money is finite. During a recent phone conversation with…

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Carlton Fisk - A Game of Inches

Life is a game of inches. I heard some version of this a lot as a kid watching Cincinnati Reds baseball with my dad.  Nevermind the fact that watching Reds baseball during that era was (and still is) more a test of loyalty and an exhibition of masochism. Frequently, my dad would say: “It’s a…

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time to think about your money

Simon Sinek, famous author and motivational speaker, has coined the term, ‘The Infinite Game’.  He won the internet lottery a decade ago with this speech that went viral and his fame has only grown.  I highly suggest joining 20+ million others, if you haven’t already, who have watched some version of it on YouTube. While Simon’s…

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coronavirus take away

None of us are independent. Last November, I wrote the following: “A young person is dependent on the financial resources of parents.  A gainfully employed person is dependent on a company to pay their wage and to maintain their employment.  An entrepreneur is dependent on its customers’ willingness to pay and capability of paying.  A retiree is…

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top 3 questions

1.Should we sell now and get back in when the dust settles? This is perfectly understandable.  Until you’re staring down the barrel of your retirement and watching your life’s work dwindle in a matter of days/weeks, I don’t think anyone can quite understand this particular anxiety.  The scenario can make the most rational person, turn…

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running

While on the phone Monday, a concerned client developed his own analogy during the steep market decline. He’s in wealth accumulation and will likely save close to $100,000 this year, so his lens of a market decline is likely different than a retiree in draw down.  I’ll also later address the archetype of a retiree.…

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boomerang

Social psychologists reference the “Boomerang Effect” as a reaction to being persuaded.  When we “boomerang”, we do the opposite of what we are being persuaded to do – this reaction helps us feel like we’re taking back control while being persuaded makes us feel like we’re losing control.  Said differently – people hate being sold,…

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new year resolution

This is the time of year when the locker rooms at the gym are a little less crowded, the change from wine to nighttime tea switches back to wine, and the morning meal preparation for the day reverts to the sandwich shop. As we near the end of the second month of the year, financial…

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