What’s that outside your window? Wow, see that car in your driveway. It’s a real head turner! You must get a lot of compliments. It has value to you as an asset. There’s an intrinsic value you derive from owning it. You use it for transportation. It gets you from point A to point B. […]
For nearly three decades interest rates have declined. Stock market volatility sent investors fleeing to safety, driving interest rates further south. Americans saving for retirement have been forced to make a choice between historically low interest-rates succumbing to eroding effects of inflation, or risking their money investing in a volatile and unpredictable stock market. Recent […]
My partner and I recently met with a couple from one of our workshops whose financial life is quite complex. These folks have done well for themselves. They lived well within their means throughout their working years, managed to consistently save for retirement, and have successfully accumulate more than enough resources to maintain their desired […]
When it comes to wealth management, money can do two things. It can earn interest, or buy stuff. Your money can earn interest: Your money may be lent to a financial institution and in return they pay you an interest rate. For example, a bank may accept money from you, the depositor. They lend it […]