For this status post I had to pass on a segment of Peter Schiff’s recent podcast where he discusses the relationship between your employer, government regulations, and you as an employee.
Information today in the information age is readily available. The problem lies in the credibility and verifiable nature of the information you have at your fingertips and which is being presented to you without you having to go searching for it. “It’s on the news, it must be true…”
Continue reading “Why Wealth is Elusive”
I have been wanting to include some of my best clients in video testimonials for prospective clients and for new clients to review and also share. When you find something good, something exceptional, it’s natural to want to share it with people close to you whom you care about. Continue reading “Testimonial Videos Premiere!”
Although it’s my birthday today, I’m building a business and working on marketing that will attract new clients, so I don’t see that I’ll be taking much time to “celebrate”. I meet with friends regularly, and even had coffee with a friend planned this morning, but that got moved. In my opinion, true friendships aren’t like batteries, they don’t lose their value because you haven’t charged them recently. At least they shouldn’t be like batteries. If I liked and respected you last year, I don’t see a reason that I wouldn’t like and respect you this year, or next decade; despite us not finding time in our busy lives for one another. Continue reading “Time will tell… But don’t wait that long!”
When you keep a budget, you should know where your money is, where it went, what it’s being used for, and how much you have reserved for your personal use. The reason that many people don’t have money is that they don’t plan to have money. Really, that’s not a flippant statement. People who have money have made a plan to have money; meaning they’ve made a decision and a plan to not spend everything they make. Continue reading “Guilt-Free Spending (part 2)”
Even with all the crypto-currency hype, nearly everyone was shocked at the 1,270.5% gains of crypto-currency flagship Bitcoin in the last year. Even more shocking, the distributive ledger technology that allows it to work is already outdated! Continue reading “The Crypto-Currency, Gold Connection”
‘Why do I feel guilty spending my own money?’ is a question that many people struggle with.
The seeds of this article stem from that question I saw posted in an online forum that I really had the desire to address. When I tried to access the answer page to submit an answer, the user had retracted their question, likely thinking that it wasn’t a valid concern. I thought it was a very valid concern and I had thought, “I know exactly why she feels guilty” and wanted to help. So, since I didn’t get to answer the girl’s question, I’ll address it here and hope that she and others who have that same very common concern find it someday. Continue reading “Guilt-Free Spending (part 1)”
While many people don’t take the time to actively consider their retirement plans amid the constant press of their daily activities and schedule, it’s been suggested that such consideration today is not just important, but immanent! It’s no surprise that the pressures of the economic times in recent history have been felt by more and more of us in our daily lives. One only need drive through a local strip mall or office complex and see the persistent for rent signs on many windows in areas where nearly a decade ago it was difficult to cash in on location-location-location. Continue reading “Retirement Expectations “Crumbling””
This engineering professional had accumulated a good-sized 401(k) with a large public firm and had a desire to remove as much of his accumulated retirement wealth from the risk of any Wall Street market exposure as possible. The description on his account statement that he was “100% vested” lead him to believe that he was in complete control of his retirement funds. The reality, however, was that the company for which he worked and the custodian that held his funds would not release a surprisingly large portion of his retirement wealth despite classifying it as 401(k) to IRA rollover. Continue reading “Seasoned Professional, 10 Years to Retirement”
A business entrepreneur with a young, pre-teen daughter wanted to set up an account usable for college funding. While a 529 account might come to mind, once funds are placed into a 529 account the government stipulates, in return for tax-deferred status, the purposes to which both the capital and the gains can be applied. I suggested another strategy for this application that had much farther-reaching and beneficial lifetime benefits for this father and daughter. Continue reading “Business Entrepreneur’s Education / Retirement Fund for Daughter”