Make Monkey Brain Proud

“Don’t accept your dog’s admiration as conclusive evidence that you are wonderful.” –Ann Landers “I do not care so much what I am to others as I care what I am to myself.” –Michel de Montaigne If you watched Bugs Bunny when you were a kid like I did, you probably remember the cartoons where […]

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Why Withdraw 4% in Retirement When the Market Averages More?

“Then there is the man who drowned crossing a stream with an average depth of six inches.” –W.I.E. Gates The standard financial planner advice when it comes to how much you can spend in retirement is 4% of your nest egg when you retire, adjusted annually for inflation. Actually, the more accurate safe withdrawal rate […]

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Value Creation Versus Value Capture

“Value is more expensive than price.” –Toba Beta “The price of anything is the amount of life you exchange for it.” –Henry David Thoreau As entrepreneurs, we will not succeed unless we create value for those whom we serve. It’s a simple exchange. Customers exchange money, and in return, we provide value. As entrepreneurs, we […]

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You Should Know What You are Going to Do in Retirement BEFORE You Retire

“Don’t underestimate the value of Doing Nothing, of just going along, listening to all the things you can’t hear, and not bothering.” –Pooh’s Little Instruction Book by A.A. Milne Recently, I got a small taste of what retirement could look like for me. My wife was on a business trip for the week. I only […]

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Parents, Your Kids’ College Degrees and Schools Matter

“If the college you visit has a bookstore filled with t-shirts rather than books, find another college.” –R. Albert Mohler, Jr. At West Point, every graduate has a degree in engineering. While we could choose other majors and areas of academic focus to study (I was, for example, a German major), we were required to […]

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An Evaluation of Texas Small Business 401k Plans: How Does Yours Stack Up?

“This is America. We’re entitled to our opinions.” “Wrong. This is Texas. And my opinion is the only one that counts.” ― Susan Elizabeth Phillips Every year, 401k plan administrators are required to file information about their plan holdings and contributions to the Department of Labor. Plans with under 100 participants but more than one […]

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