Last week, I posted some reasons why you should consider building up multiple streams of income, and this week I wanted to share some ideas on how to get started in creating these streams.
A lot of people never get around to cultivating an additional income stream because they think it’s too big of an undertaking […]

Now that we are up to speed on the pitfalls that pertain to investment partnerships, let’s examine one up close.
This one came over the transom a few weeks ago from one of my clients. Like most successful professionals and entrepreneurs, he is besieged by unsolicited offers from a wide variety of vendors.
Unlike most defenseless […]

The day will come when a sleek bundle of forms will land on your desk from your friendly broker/adviser/manager…a prospectus and enrollment form inviting your participation in a public real estate/equipment leasing/oil drilling limited partnership.
Or maybe a much less formal offering for a private, exempt (from registration) partnership engaged in similar activities. For qualified […]

I must be the worst pack-rat ever. Then again, I did not grow up with Google, and some gems are worth saving.
From the July 15. 1964 issue of Forbes:
“Retirement has always been a touchy subject, loaded with such emotional phrases as “committing a good man to the junk pile.” Yet while the argument […]

Global markets took a big hit Friday, April 11, when General Electric’s first quarter results came in well below analyst expectations.
The 5.8% drop in first quarter net income appears tame in comparison with the carnage produced by other companies, but the gap between expectations and results was unprecedented for this market bellwether.
One supposed advantage […]

I still remember my senior of high school as the busiest year of my life. Not just because I was applying to college, participating in a bunch of extracurriculars, and sneaking on dates with my crush (sorry, Mom and Dad).But on top of all that, I was holding down three different jobs. I spent several […]

Back in the mists of time….we experienced a convulsive revision to the tax code. The Tax Reform Act (TRA) of 1986. This was the trigger that ignited the booming stock market for the next fourteen years.
Not so surprising, when you consider that the top tax rate permanently dropped from 50% to 28%. […]

Now that the market is bruised and bleeding after a very rough start during the first quarter, most investors are shell shocked.
This has been a tumultuous decade. Starting with the 1997-98 cycle that began with the Asian currency crisis, that morphed into the Russian Ruble crisis, that precipitated the Long Term Capital hedge fund […]