Buying gifts for kids is always a challenge, so let me suggest an idea that will make your little one happy and teach them a lesson about the power of compounding interest if they choose wisely. Rather than give their favorite toy or money, offer this: “I’ll give you $30 now, [...]

It may come as no surprise that some of the most famous drinkers in history have been U.S. presidents. Ulysses Grant was a known imbiber, often to extremes. Although it certainly didn’t seem to affect his work as a general. Lincoln is rumored to have said, “Find out Grant’s brand of [...]

There’s a saying: planning is about addressing the unexpected. It’s true with money, and it’s true in life. Aleksander Doba is a Polish Kayaker who has paddled his boat not once but twice across the Atlantic Ocean. He took the first trip when he was 65 years old. See, you’re never too old! [...]

About 85% of Americans will be getting another check from Uncle Sam to offset the impact of the pandemic. This one looks to be about $1,400. So, what should you do with that check? Let me offer a few prudent ideas: Pay down credit card debt (if you have any). Chances [...]

We see it all the time. After making a major financial decision, people come to us only to realize that maybe they didn’t do it quite right. And now it’s too late. The toothpaste won’t go back in the tube. Case in point: A recent retiree who selected a pension that [...]

In all my years as an advisor, I never imagined mortgage interest rates would be as low as they are now. When you consider not that long ago, the banking industry faced a massive number of foreclosures, the fact you can borrow money in 2021 for under 3% is mind-boggling. So, [...]

I recently came across a rather disturbing article about how the pandemic has been a significant blow to people just as they were preparing to retire. To read it, click here. Bad news never arrives at a good time, but this crisis was particularly damaging given how quickly it occurred. One minute [...]

There’s an old expression: just because you’re paranoid, it doesn’t mean someone isn’t out to get you. And let’s face it, the past twelve months have given us plenty of reason to worry. Who could ever imagine a time when going to a store could seriously impair your health? Before COVID-19, one [...]

Recently the Securities and Exchange Commission announced a change in the rules covering registered investment advisors. Since 1940, advisors have not been allowed to use testimonials in their marketing materials. This is about to change. Soon advisors will be allowed to have existing clients share how much they love their advisor [...]

We Americans love our dogs. We spend close to $100 billion a year on pets in general, making it quite a lucrative industry. And while many people humanely adopt their pets from animal shelters, some are not afraid to drop big dollars for a very rare breed. The record is $1.6 [...]