Investment Advice Is Not Financial Planning

Investment advice is not financial planning. This is an important distinction to understand when you go shopping for financial advice. Do you only need help with investment decisions, or do you need guidance on all aspects of your financial life? Investment advisors...

Cryptocurrency In Your Portfolio, or Not?

Cryptocurrency has been getting a lot of headlines in the financial press the last few years, and I am often asked about investing in it. Many investment advisors expected the glory days of digital currency to be long over by now, yet it continues to get stronger,...

Financial Regulations Protect Consumers–Sometimes

The financial services field is one of the most regulated in the United States. I’m told that our regulations are as complex as those in the medical field. This makes sense; our health and our money are two important pillars of wellbeing. Preventing harm to...

55 Companies Pay No Taxes–And There Is A Reason

A tweet by President Biden on October 20, 2021, got my attention: “Here’s the deal: If you spent $3 on your coffee this morning, that’s more than what 55 major corporations paid in taxes in recent years.” The president has used this statistic...

The Financial Freedom of Owning Less

“Money is freedom.” This popular money script contains considerable truth. Having money can provide a lot of options and flexibility that are not possible without money. However, since all money scripts are partial truths, money doesn’t always bring...

Why We Avoid Getting Advice From Financial Professionals

One in four Americans didn’t get a routine medical checkup in 2019, and 3.3 million Americans have never had a regular checkup. These alarming statistics were presented in a March 18, 2020, Business Insider article by Zoe Ettinger. The flipside of these numbers—which...