With the new year upon us, I've been thinking a lot about keeping first things first. It's so hard when the tyranny of the urgent pulls us in all sorts of directions, and we go to sleep each night wondering where the day went. But we all know that if we don't keep first things first, we're going to have a lot of regrets at the end of our lives. ...
I am not sure if you’ve followed the stock market this year, but it has been a wild ride. In January and early February, we were approaching record highs in the major indexes. Then COVID-19 happened, and everything plummeted in March and April before an incredible recovery since the middle of 2020 (with some minor corrections along the way). I have a huge interest in technology trends, startups, IPOs, and ...
I was reading a paper recently entitled “Spending in Retirement: Determining the Consumption Gap” that talked about how retirees are dying with more money than they had when they actually retired. Specifically, the researchers studied 704 retirees between 2000 and 2010 and found that across five quintiles of wealth, each group had more financial assets than when they initially retired. What's also interesting is that in the top three quintiles, ...
To this day, baseball is my favorite sport. And I’m thankful for the opportunity to play organized baseball when I was young – even though I wasn’t very good at all. For 4-7 year-old kids, Tee Ball is the best way to get acclimated to swinging a bat, running the base paths (in the right order), using a glove, and throwing the ball to your teammates. I don’t think I ...