As I have said on many other occasions, Behemoths—big government agencies like the IRS, Fannie and Freddie, big investment firms, mutual funds, and stock insurance companies, big insurance agencies like AARP posing as advocates, big unions, big community organizations like ACORN—have misled Americans about the how-to of creating wealth and managing personal finances.  This is [...]

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Myth No. 2 - “My Home Will Keep Me Secure.”
Let me tell you a story.[1] Abigail had been in the military for 19 years when a stroke put her out of commission at the age of 52. She only qualified for a small military pension and a small monthly Social Security disability/retirement income.
“But,” she thought, [...]

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It dawned on me this morning while reading John Mauldin’s weekly letter that the age of the financial advisor that is informed by technological connections, charts, graphs, hypothetical illustrations, and on-line quotations has passed.
Americans are discovering that wisdom is a function of lived experience, not theoretical models.  Americans are looking for advisors who lived through…

the 1974 recession
the economic failures of the Carter [...]

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