What Are Your Rules?

“Buy and Hold” can expose your investments to massive downside risk. A Rules-Based Investment System (RBIS) can help protect you from devastating losses.

Wintery Storm—A Pause For Reflection

I try to teach my kids to always be prepared for whatever comes their way.   Last week I had to practice what I preach. I went to Detroit for a couple of days to meet with another advisor. Seeing the weather reports, I threw some boots and some extra clothes in my bag, just […]

Buying And Holding On… For Dear Life?

There are a few dates in history that everyone in the financial industry remembers. Many people don’t realize how recently one of those memorable days came to pass—August 24, 2015, is not too far behind us. It claims the title as the day with the largest one-day point drop in the history of the markets. […]

Active Versus Passive—What’s Your Strategy?

I often joke with folks about all of the abbreviations in the financial industry. IRA, RIA, FIA, VA, IUL, PFS, CFP, CPA; it’s crazy. Sometimes it sounds like a really disturbing spelling bee. I know it can be hard to keep track of them all, or even remember what they all stand for, but I’m […]

Will You Hear The Screams?

Jill and our kids think it is a bit strange when I talk to my car, golf clubs, et cetera, like they understand me. I explain to them that the idea that cars, sports equipment, et cetera, can “talk” is a guy thing.   Come to think of it, I can’t remember seeing a woman […]

Finished With Engines … Not Quite Yet

There are certain times in my professional career that I just shake my head in disbelief at what some view as acceptable advice. Last week, Cindy from the Lower Cape came to see me. Cindy is a lovely woman who just turned 66 and is retiring in January. She has saved about $850K, has a […]

In Sickness And In Health, How Will Your Strategy Hold Up?

Anyone who has had or currently has a significant other knows that when everything is going right, every relationship seems perfect. But the truly great relationships, the ones that last for the long haul, are able to survive even during the rough times. Those are the times that separate the truly solid relationships from the […]

Average Grades? Not In My House!

In 4th grade, the students are graded on a scale of 1 to 4, with 1 being below average and 4 being above average. In June, my 11-year-old daughter, Phoebe, brought home her report card. It was her best report card ever and she knew it. She did great in just about every subject, except […]