“Inflation is taxation without legislation.” – Milton Friedman What cost more, your first house or the latest car you purchased? What was the lowest price you ever paid for a soda? Postage stamp? Newspaper? What are… Read More
Top 11 IRA Mistakes & How To Avoid Them
1. Beneficiary Mistakes Having a proper beneficiary named, is very important. The assets will avoid probate and go straight to the intended beneficiary. a) Blank designations forms. b) No contingent beneficiary. If all beneficiaries disclaim… Read More
Will Tax Hikes Kill The Bull Market? More Lessons From The Tennis Court – Finger Financial Five #21
“The future you shall know when it has come; before then, forget it. – Aeschylus Elliott had a fairly easy tennis match during a recent high school tennis scrimmage. He won 0-1. When you are playing… Read More
Critical Retirement Transition, FOMO & Grand Canyon – Finger Financial Five #20
“No individual raindrop considers itself responsible for the flood.” – Anonymous In 2016 I went with some friends to hike across the Grand Canyon. Such a beautiful sight. I was in awe. But we did not let that beauty… Read More
Would You Prefer To Drive A Boat or Ride On A Yacht? – Finger Financial Five #19
“Advice after injury is like medicine after death.” – Danish Proverb In 2018 I went with a few friends to hike Machu Picchu. The hike took 3 days. The mountain was huge, and the scenery was… Read More
Throwback Thursday
Several years back, I was fortunate enough to speak about wealth management on WMBF News! It’s always great to see these older versions of yourself to see how far you’ve come and how much you’ve… Read More
Retirement, Tax Planning & The Dangers of Cutting Corners – Finger Financial Five #18
“What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin.” – Mark Twain I grew up fishing with my dad in the rivers and ponds in South Carolina. One of… Read More
How Can Pain & Self Reflection Help You In Retirement? – Finger Financial Five #17
“I count him braver who overcomes his desires than him who conquers his enemies; for the hardest victory is the victory over self.” – Aristotle Behavior is the number ONE area that affects financial wellbeing. This can be… Read More
Taxes, Distraction & Game…Stop! – Finger Financial Five #16
“The direction of energy is more important than its intensity.” – Naval Ravikant When it comes to making good decisions with money, where you focus your attention, makes a difference. You could be wasting your time. You… Read More
Lifting The Fog of Taxes & Retirement – Finger Financial Five #15
“To live is to feel oneself lost.” – Jose Ortega Y Gasset How many times in your life have you felt lost? How did things turn out for you? What turned the corner for you?… Read More