Do Financial Planners Know How to Value Your Company?

“Amidst all the hype and hoopla around this business, I wanted to emphasize the challenge—it is seductive but the failure rate is very high. And those who fail have no good place to go.” ― Mahendra Ramsinghani I’ve been fortunate enough to have a company where I eventually saw three different offers for either the […]

Do I Really Need Life Insurance?

Q : What’s the difference between an insurance company CEO and the mafia don? A : The insurance company CEO can tell you how many people will die this year. The mafia don can tell you the names of all of them. I recently had a tenant pass away, leaving his wife and three children. […]

Does Your Financial Planner Really Need to be Local?

“They usually have two tellers in my local bank, except when it’s very busy, when they have one.” –Rita Rudner I recently attended a seminar about the state of the Fort Worth and Dallas housing market, put on by the real estate editor of the Dallas Morning News. He was talking about how demographic trends […]

How Much Would You Have to Budget to Go to the World Cup in 2018?

“We’ve prepared the best we can. We’re ready for it. It’s not about talking. It’s about getting out there and showing by our actions.” –Clint Dempsey I’ve been a soccer fan all of my life. My wife and I went to the World Cup in 2010. We didn’t go in 2014; instead, I spent nearly […]

Are We Too Conservative in Our Investments When We Are Young?

“Caution is the confidential agent of selfishness.” –Woodrow Wilson Nobody wants to run out of money when they’re retired. They don’t want to eat cat food. They don’t want to dive in dumpsters. They don’t want to be the bag lady. Those images are the ones that fuel us whenever we think of retirement planning. […]

USAA – The Not So Good

“It is easier to forgive an enemy than to forgive a friend.” –William Blake This is part three of a three part series on USAA. You can read the first part here and the second part here. Disclosure: USAA flew me to San Antonio for a three day conference from November 6-8, 2013, put me […]