Blog RSS

Sticking to a plan works better when it is simple, makes sense, and is easy to remember. For savers and investors just getting started, here’s a six-step program to implement and follow. W stands for Worthwhile Goal. Begin by developing the discipline to start saving and investing and discover your “why.” If you haven’t seen...

To keep this post readable and a reasonable length, it's impossible for me to fully answer this question. There are too many answers that could be correct. But I’ll try to hit the high points. The best answer, from Warren Buffett, is never sell! His stated favorite holding period is forever. Make a long-term investment...

It’s a lot of fun to buy, sell, and own stocks in a rising “bull” market. I’ve done it, and it made me feel really smart! When the inevitable downside comes, I’m reminded of one of my mentor’s words: “Don’t confuse brains with a bull market.” Despite the pandemic, the election challenges, a few politicians,...

“The successful man keeps his mind fixed on what he wants in life—not what he doesn’t want.” —Napoleon Hill Over the years I’ve witnessed examples of success and failure in the lives of clients and in my own life. In reflection, I’ve come to realize that having no goals or plans, accepting random results, is...

“Angie,” a friend of a friend, called me for financial advice in the early 1980s, saying, “I’m not good with money” and could use some help. I was a rookie stockbroker sitting at my desk “dialing for dollars” and trying to find new clients with money to invest. Frankly, I didn’t know all that much...