Everyone loves to talk about passive income. As a wealth advisor, most of my daily conversations revolve around money, investing, and income. The ‘passive income’ conversation is at the top of the list of most-often talked about topics with my existing and prospective clients. Everyone wants it and everyone wants to know how to get […]
If managing your finances was a machine, then it might look a lot like the inside of an old-fashioned clock. Lots of gears turning in opposite directions, each one seemingly doing a different job and perhaps giving the appearance they are working toward opposite goals. Yet through the midst of all the twisting and turning, […]
As this topic continues to be our most read and popular topic, we’ll continue our series of “How to talk to your kids/teenagers about money”, by focusing on teenagers today. Our previous newsletters focused on creating good habits with younger kids that will hopefully translate into better decision-making as they grow. The habits discussed in […]
Are you still sitting on a pile of cash at the bank? Have you wondered why you still aren’t earning any interest in your checking or savings account even though interest rates are so high?! We all hear about interest rates being high EVERYWHERE, but for some reason that’s not the case in your bank […]
My first article on How to talk to your kids about money was very well received and I want to expand deeper on some of these ideas. Exposure to Money: We give my 6-year-old daughter a very small allowance every week. It’s enough to go splurge at the Dollar Store every now and then, which […]
How many times have you heard the phrase, “Invest for the long-run”? This is a great fallback answer that any traditional investment advisor uses – both in good and tough markets. Yes, the numbers and data support the phrase, but after a year like 2022, the ‘long-run’ can feel really long! Let’s do a quick […]
As we turn the page to 2023 and away from one of the more difficult years in both equity and credit markets in decades, we examine what happened, the policymaker response, and what that means for 2023 and beyond. What Happened & The Response After nearly a decade of money printing and central bank balance […]
I spent a decade working at J.P. Morgan’s Private Bank primarily as an investment specialist and relationship advisor. Every day I would work with the ultra-high net-worth families of this country devising financial plans, investing their wealth, and discussing strategies around transferring wealth to the next generation. During my time at J.P. Morgan, we would […]
Every night as I lay in bed, I stare up at my ceiling and see my DIY paint job in our bedroom. It’s a good job, but not a great job. I was a little sloppy around the corners and could have done better taping and sealing the edges. Nonetheless, what’s done is done. Do […]
