Insights

First of all, what the heck is a fiduciary? A fiduciary is a person in a special position of trust on whom others rely. This person must always act solely in the best interest of the person relying on him and is expected to act prudently, in accordance with what a...

Michael Lewis, an author whose past work I have appreciated has a new book out called Flash Boys that the news show 60 Minutes highlighted Sunday. The show called the segment,"The Stock Market is Rigged" because that is the assertion Michael Lewis makes. Is he right?...

The markets have recently shown pretty much the same apathy toward Russia's recent aggression in Crimea that most war-weary U.S. citizens have. For most, it's pretty far away and didn't the Crimeans vote to reattach themselves to Russia, anyway? Well, maybe with the...

A Few Things I’ve Learned The more experience you have, the more you understand and care about other people. It is easier to avoid temptation than to resist it. Love is to will and act for the highest good of another (Thomas Aquinas). Feelings come and go. It helps to...

The Department of Labor (DOL) has been dramatically increasing its number of auditors the last two years, hiring 1,000 new auditors. If your company has a retirement plan like a 401(k) or 403(b), the odds of it being audited are rising significantly. One highly...

If you have any input into your company retirement plan, a term you need to become familiar with is the term fiduciary. According to fi360, a fiduciary is "a person in a special position of trust on whom others rely." As such, fiduciaries are required to: 1) Act in...

Which saves you more money on dental care - dental insurance or a dental discount plan? The answer is often the dental discount plan, which may surprise you. Dental discount plans are offered by a number of highly rated companies, like Aetna, Cigna, United Healthcare,...

Well, January is in the books and after a boomer 2013, January 2014 was a dud. The S&P 500 dropped 3% and the Dow Jones Industrial Average dropped almost 5%. According to the Stock Trader's Almanac, over the last 110 years, when January is a down month, the year is a...

I am facilitating a 13-week workshop called Finishing Well being held at Central Church of God in Charlotte, NC. After years of working with people who needed to get their estate in order and make life less miserable for their executor, I decided this was a...

The Fed announced today just before Ben Bernanke's last Fed meeting announcement that it would begin tapering back on its bond buying starting in January. The market loved it, probably for two reasons. 1) The tapering means the Fed believes the economy is getting...