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One of my golfing buddies texted our group wishing us a Happy New Year and informed us that, as of January 1, 2022, as far as he is concerned, we’re all starting the new year as scratch golfers. In other words, we’re now all WAY better than we actually are.

The list of books I most enjoyed during the past year isn’t quite as anticipated as former President Obama’s or Time Magazine’s – but maybe it should be. My list, however, simply shares the books I enjoyed regardless of when they were published. I hope you find something interesting here too.

I am obsessed with Succession, the HBO Max series about the uber-wealthy and powerful family vying to take over their father’s media empire. While exploring the motivations and psyches of truly terrible people, the show excels at character development and features brilliant writing. In the 2nd season, there is a scene where they provide striking perspective on wealth.

Steve: This article appeared on Forbes online on Oct. 20, 2021. As it is almost as good as something I would write myself, I thought I’d share. The link to the story is at the end.

Ever wonder how the wealthy stay wealthy? For one, they don’t just leave their money sitting around in some savings account. Here’s what they do with it instead...

My Great-Grandma Tootsie was born in 1880, 15 years after the end of the Civil War! She lived to be 98 and died when I was 14 so I not only met her but I knew her and remember her well.

Other than improving my golf handicap, a Sisyphus struggle if there ever was one, traveling overseas again is what I yearn to do most. But until the pandemic ebbs enough so there’s some level of certainty in hopping an international flight, I’m staying right here.

I recently read about a 28-year old New Jersey man who typed the wrong address into his rental car’s GPS in Iceland and drove six hours in the wrong direction – SIX! – from the airport to a fishing village in the north of the country….when he was just trying to get to his hotel. Now, his first mistake is quite understandable.

In a recent review meeting, clients told us they were considering changing careers to be able to spend more time with each other and their kids and to reduce their considerable professional stress. They were approaching this in a thoughtful manner so want to consider the financial implications of such a move – both short-term and long-term.

You’ve undoubtedly heard the term, mutual fund, but is it one of those terms you’ve heard so much that you’re afraid to ask what it actually is? Almost all investments within retirement accounts – 401(k)s, 403(b)s, etc. – are mutual funds so you own one or more of them already.

The other week I wrote about inflation and the uncertainty of predicting whether it is either temporary or here to stay. Fact: No one really knows for sure. So, how does one plan for a potentially disruptive force? Answer: By creating a margin of safety in our financial plans and our investments. Here are some ideas how to do that.