Five-hundred and 2 days ago, from the time of writing this blog, a new president of the United States has “slashed regulations that strangle the economy by nearly $2 trillion a year.”[i]  Which has increased the wealth of U.S. households $7.1 trillion![ii] This, all in spite of what the Economic Policy Institute or the Brookings …

Continue reading “How to Benefit from Less Regulation (Both Now and In Your Retirement)”

Those that follow this blog already know our admiration of John (Jack) Bogle.  A personalized copy of his book, “Don’t Count On It” sits right beside my desk and is referenced nearly every week as we reach out to educate others about money management because it contains so many valuable insights. Besides, Jack has been …

Continue reading “ETF’s What Are They And Can You Depend On Them?”

Attending a university or college used to provide a path to a better income.  But “In 1987-1988 the average four-year universities and colleges were charging $3,190 a year for tuition.  Today, with prices adjusted to reflect 2017 dollars, that average cost has risen to $9,970 a year.  Which is a 212.5 percent increase.”[i] But the …

Continue reading “Growth of Student Loan Debt 5 Times Faster than Wages Over Past Decade”

California cities are floundering to pay for the rising cost of public pensions.  Interestingly, the governor of the “Golden State” says, “it’s not up to the state to help.”  Even though most local governments face even greater pressures than the state in meeting promised pension plans, the state government isn’t going to lend a helping …

Continue reading “No Help from the State!!”

Over 30 years ago, when I first began my practice, a noted musician who performed as an organ soloist as well as in orchestras throughout Europe and the Americas, became a patient of mine. I recall him sharing how he would find himself at 2 and 3am playing some organ in a lonely European Cathedral …

Continue reading “The Tale of the Lonely Musician and the Need He Supplied”

Several years back, when giving a presentation for Nelson Nash’s Think Tank in Birmingham Alabama, I shared with the advisers and agents gathered there, that the Infinite Banking Concept wasn’t as much about the product, participating whole life insurance, as it was about the process. You see, even at that time, many advisers and agents …

Continue reading “It’s A Process, Not a Product”

We all are instructed to add to our faith, virtue, to virtue knowledge, to knowledge self-control, to self-control perseverance, to perseverance a devotion to God and then finally a concern and love for others. Why in this order? And why not love and concern for others first?  Look around you today, and you will discover …

Continue reading “Always Learning Yet Never Coming to The Full Knowledge of Truth”

We are always getting new material proposed to us by the insurance companies about new products or marketing suggestions. Recently an email came in, from a company we don’t represent, suggesting that permanent life insurance is a great way to sustain your income when the market drops and you find yourself eating away at the …

Continue reading “The Good, the Bad, the Ugly”

Charles Dickens penned these famous words: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it …

Continue reading “The Worst of Times”

Wow! A lot is packed into that little word: Promise, guarantee, assurance, faithfully avow, contractual bind, obligate, and pledge just to name a few. And yet today, many people have “committed” to so many things that they risk not making any one of them as good as they could be. We run helter-skelter, to every …

Continue reading “Commitment”