Most people are familiar with the stock market, which consists of hundreds of publicly traded companies that are all on their own,...

My book recommendation this month is a little unusual (although that may be true of almost all my recommendations so far). The Power of...

The main way I make money is by managing investments for a fee. This is controversial for some people. Mostly, the pushback sounds like,...

There are many examples of faulty reasoning when it comes to money, and gambling in particular. A particularly destructive notion is...

Over the long term, the S&P 500 has produced total returns of around 10% per year. At least when you measure results over a given 40 year...

People in their late 50s and early 60s face an interesting situation when it comes to retirement. On one hand, many of them don't have...

Happy New Year! I hope 2022 is off to a great start, and that you're taking some time to reflect on your life and your progress over the...

I thought it would be fun to share some of the things I do for clients throughout the year. Notice that intelligent portfolio management...

I believe the financial world can be divided into two major groups, "spenders" and "savers." All else equal, a saver, when they see extra...

Hope you had a great Thanksgiving and have some fun things to look forward to in the next month. I usually send a specific book...

Creating an investment strategy that works for you requires 3 basic things. One, an understanding of when you'll need to access the...

If you want to understand the last 4 decades of technology, consider the following thought experiment. “Ignoring everything connected to...

I think this book is an antidote to the 40 year career. Not so much that it stops you from working from 40 years, although it might do...

If you're thinking of exiting your business in the next few years, you might want to consider what it will take to get your business...

I hope you're having a great summer and enjoy the following recs. Getting the Goalpost to Stop Moving, by Morgan Housel: What I love...

Budgeting is a powerful mental and psychological tool that can greatly improve your quality of life. Unfortunately, done improperly, it...

Returns for stocks come in two forms, dividends and price appreciation. Across the S&P 500, the dividend yield currently sits at about...

Ray Dalio popularized the concept of the "All Weather Portfolio," an asset allocation strategy that is diversified enough to perform...

It's well known that giving money to charity is a great way to reduce your taxable income, as well as support charitable organizations....

The business begins where the profits (or opportunities for profit) begin. Everything else is just a collection of commodity assets....