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Learning from your Mentor’s Mentors

Saturday, July 13th, 2013, by

I make it a point to read everything I can find that is written by and about Warren Buffett. The purpose is not to amass a $50 billion net worth as he did.  His talent is rare and unique.  But there is no harm in emulating what he accomplished on a more modest scale. What […]

The Security of Adding a Second Income Source

Friday, July 27th, 2012, by

Something fundamental has changed in our economy, with regards to the unwritten compact between employer and employee.  In prior generations, the foundation of the employment bargain was the loyalty that each side offered to the other. Employers sought to promote from within their ranks, and even if there was no explicit understanding of lifetime employment, […]

The New Economy: All Jobs are now Temp Jobs

Thursday, July 12th, 2012, by

The great recession that began in the fourth quarter of 2007 officially ended at the end of the second quarter of 2009.  But the fundamental changes that have resulted from this savage downturn are still working their way through the economy, and they threaten the long held assumption that upward mobility will continue as it […]

The Best Asset Class is Hiding in Plain Sight

Wednesday, June 13th, 2012, by

Here’s something that comes up with every one of my medical professional clients that I work with in both my wealth management practice and my health care franchising business… …striking the right balance in putting together a mix of distinct asset classes when constructing their investment portfolio. Of course, all the usual suspects are included. […]

Multiple Streams of Income: The Ultimate Hedge

Friday, March 23rd, 2012, by

Perhaps it has happened to you too.  That vague sense that you may have reached the point of diminishing returns on your primary source of income.  Maybe you’ve put all your eggs in one basket and find that no matter how closely you watch the basket, the rewards are no longer equal to the time […]