Writings

If everyone with a Costco membership showed up at the same time to buy the $5 roasted chicken, there would be chaos. The same thing applies to banks. What happened with Silicon Valley Bank is an old fashioned bank run that most people only recollect in the holiday season when watching “It’s a Wonderful Life.”…
Read More

When I started investing, I knew nothing. I went from knowing nothing about investing to being a good investor after learning a few easy principles. I’ll tell you the gist so you don’t have to waste another second trying to figure this “investing thing” out or another dollar to an advisor who doesn’t understand this….
Read More

In 2022, the markets decided to test everyone’s resolve including this new business in its second full year. The S&P was down -18.0% and US treasury bonds had one of their worst years ever (-17.8%). As I’ve covered extensively in my quarterly market overviews and blog posts, there was torment everywhere. No need to sugarcoat…
Read More

In December of 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act brought many changes to the retirement environment (death of the stretch IRA, raising RMD age to 72, etc.). Before the end of 2022, President Biden signed an omnibus spending package which contained the SECURE Act 2.0 – another retirement reform package….
Read More

If you’re knocking on the retirement door or a few years away, know this: Retirement isn’t the goal. Maybe that’s a bold statement coming from someone who is a retirement planner. So, let me provide you with my argument. I disagree with the common notion of Retirement being the end-all be-all. Retirement as the ultimate…
Read More