Financial Health" is a marketing gimmick.Now don't get me wrong. I do not mean to say that anyone who wishes you good financial health, is trying to sell you something.Just take the example of the controversy around blood cholesterol. My most well intentioned doctor, was...
Some of our favorite times are when our minds are completely shut. And yet we are fully alive and, in a way completely lost, to the external world.To me that happens on a bicycle ride, to you it could be when you are thinking through...
If Darwin was to be believed, we adapted to our environment and 'evolved' to what we are today. We need to ask, what did we want to adapt to?It is often that we want things to use, events to happen and people to behave in...
Let me warn you at the outset, the answer to this question, coming from an advisor with a practice that’s more than 20 years old, will surprise you!We all know that what’s important is not money itself, but what money empowers us or enables us...
Does it bother you to see that some investments, in your portfolio, have not done well?That is totally understandable! The surprising truth though, is that those investments are intentionally there in your portfolio, not due to bad judgement but by thoughtful design!The intent of this...
On Television and in gatherings, we hear people who talk about the amount of easy money they have made. Often, they will innocently rub it in by telling us that it was only common sense. It is obvious that most people do not make that...
Let me warn you, this is going to be a boring note, but this question brings so much pain and yet is such a fundamental question, I decided it’s time to offer some clarity.First, the answer to the above question is an unequivocal NO.I am...
It’s not a bitter gourd, it’s a tomato. But it is green, oblong and has warts. And yes, it is bitter.That’s the joke being played on the Financial Advisory profession. See if this sounds familiar. “We are not sales people; we are experienced and qualified...
It's an eternal question. What should you look for in your Financial Advisor? What is more important, Experience or Qualifications?(We are purposely keeping the word “competence” out of this comparison, because it is the very thing we are trying to define.)For those of us who...
A child taking her first steps risks falling down. And fall, she does. On the other hand, Formula One car drivers risk crashes to win the Grand Prix. But if they do crash it could be the end of their season, career or even their...