Incomplete plans can be disastrous. A man named Carl McCunn learned this painful lesson amid the chilling landscape of Alaska. The wildlife photographer arranged for a bush pilot to fly him to an isolated region hundreds of miles north of Fairbanks. He carried enough provisions for his five-month excursion.
Read MoreIn September of 2012 astronauts were tasked with repairing a main switch on the International Space Station. When a bolt with damaged threads became stuck, the crew faced potential power loss. They would need to clean and lubricate the bolts to access the area. The solution? A simple electronic toothbrush. The hack worked, and the mission succeeded.[i] Sometimes alternative solutions are best.
Read Moren the late 18th century Austrians were amazed at a mechanical man who could play chess. He became known as the Mechanical Turk. The automaton, consisting of gears and levers, could engage any player in a game while exhibiting stunning skill for a machine. Of course, people eventually learned it was a hoax. A man hidden under the playing table operated the arms.
Read MoreIf you are a financial nerd like me you look forward to the Davos Economic Forum every year. It's an event held in Davos Switzerland where great economic minds and financial leaders get together and discuss the state of world from a financial persepctive. If you don't have time to watch hours of coverage you can take a look at our quick guide and see the key takeaways from this years meetings. Just click on the image below for a little lite reading this weekend!
Read MoreToday is another article from the Fee-Only Financial Advisor Blog Sharing Group. This group is made up of other like-minded financial advisors from around the country. The purpose of the group is to share useful content and spread the word about the virtues of Fee-Only financial advice.
Read MoreDespite a growing selection of funds investors have centralized around a passive, low-cost strategy. Major names in the financial world have long touted the benefits of a passive approach. Vanguard founder John Bogle has become the face of the movement when he launched the first S&P 500 index fund available to the public in 1975.
Read MoreIf we look at society and societal norms, a lot of weight is given to success when it comes to defining happiness. If we see a person who is successful, it is often assumed that they are happy. On an existential level we should consider what it all means. In reality, we actually have no idea whether or not that person is either happy or successful; for a couple of reasons: First of all, we can only measure someone else’s success or happiness by what we know about them.
Read MoreJohn and Sally have been married 5 years. The 35-year-old computer programmer works at a major software company, while Sally, 32, works part-time as a freelance photographer and full-time as the mother of a 3-year-old son and a 5-year-old daughter.
Read MoreWe have another excellent blog post from the Financial Advisor Blog Sharing Group. As a reminder, this includes like-minded financial advisors from around the country. All the participating financial advisors are Fee-Only meaning the advice is objective and free from conflicts of interest. This article is from Dave Fernandez of Wealth Engineering. His article is all about RMDs.
Read More2015 was not the best show for the stock market. The S&P 500 ended the year up only a mere 3 percent. That may seem like a tiny return, especially when considering that not too long ago in 2013, the index surged 30 percent. This year has been similar (albeit slightly better) with the markets up but still only single digits.
Read MoreWith the holidays coming up, many people are already planning on how they want to make their charitable gifts before the end of the year. There is a a little known account called a Donor Advised Fund that offers an easy way to make your donation "early" and give the money away later.
Read MoreToday we have another article in from the Financial Advisor Blog Sharing Group. This group is made up of other like-minded financial advisors from around the country. This group only includes Fee-Only financial advisors so the blog posts will be objective and free from conflicts of interest. Gregory Johnston of Johnston Investment Counsel from Peoria Illinois is the next contributor.
Read MoreToday is another article in from the Financial Advisor Blog Sharing Group. This group is made up of other like-minded financial advisors from around the country. The purpose of the group is to share useful content and spread the word about the virtues of Fee-Only Fiduciary financial advice.
Read MoreAfter finishing law school, Joe found himself at 29 with an entry-level position at one of the largest firms in his city, along with a lot of student loan debt. Joe also needed a car for his job and with no cash on hand he had to borrow money yet again.
Read MoreCan you believe the year is half over. The markets have had quite the ride but where did they end up after 6 months? Between BREXIT, Rising Interest Rates, Falling Oil, multiple Terrorist Attacks, and many other news headlines that you should ignore, you'd think we would be in the middle of a bear market. Well, we're not. Just click on the below picture to download our Second Quarter Stock Market Review.
Read MoreToday is another article in from the Financial Advisor Blog Sharing Group. This group is made up of other like-minded financial advisors from around the country. The purpose of the group is to share useful content and spread the word about the virtues of Fee-Only financial advice. The second contributor in this series is written by Michael Garry of Yardley Wealth Management from Pennsylvania.
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