Let’s be real. Asking for help is hard. It’s difficult because it often requires a bit of self-awareness and putting your pride to the side. For example, the piano is one of the most beautiful instruments to me. When played well, it is one of the few instruments that can invoke several emotions in just…
I’m back with another fascinating celebrity estate plan case. And this one is a stark contrast to what we learned from Aretha Franklin, Amy Winehouse, or Whitney Houston’s estate planning woes. That’s because, reputation aside, I can certainly say that he had his estate plan well-planned. He may have been one of the most controversial…
The late, great Charlie Munger once said, “The first $100,000 is a b**ch, but you gotta do it. I don’t care what you have to do… find a way to get your hands on $100,000. After that, you can ease off the gas a little bit.” This has nothing to do with high-yield savings accounts,…
Most consumers have been better off with rates in the 5.25-5.5% range. So, do we really need rate cuts to feel like we can make financial progress again?
A few weeks ago, I was featured in my friend Sam Becker’s piece on the Great Wealth Transfer in Fast Company. Sam poetically describes it as “massive, multigenerational avalanche of cash and assets sliding down from the Silent Generation and Boomers to GenX, Millennials, and GenZ.” This is happening behind closed doors to a myriad…
You don’t have to be as melodramatic as this post. But ask yourself: In five years, how much time would you like to dedicate to something that will likely not positively impact your life?
What advice would you give me or another 20-something-year-old entering the “real world?” Leave me a comment below. I’d love to hear your thoughts.
Life will evolve, but the essence of hope for a better life for the next generation will always remain.
Given all the benefits cash holds in 2023/2024, is cash fair competition to bonds?
Starting difficult things is much harder than finishing them. For example, looking at the introduction pages of a thick novel is much more daunting than when you’re halfway through the book. Day one of your “get back in shape” journey is much harder than week 52 when the incremental progress is much more visible. We…
