Despite deep political polarization in America, there’s one point where most people across the spectrum agree: something went seriously wrong with the U.S. economy over the past 60 years—and we’re still living with the consequences. Two Competing Narratives On the political left, the blame often falls on greed and capitalism. The proposed solution? Raise taxes… Continue reading What Really Went Wrong with the U.S. Economy
Business Goals Goals are typically focused on a particular outcome and so should be specific. It’s worth the time to get into the details. If you intend to increase the company’s cash flow, how will that be done? If it’s by boosting sales, what has to change to make that happen? You could add a new product… Continue reading Goals and Resolutions
When is the last time you set goals for yourself?
Milton Friedman, Art Laffer and other market-believing economists had their long day in the sun during the 1980s and 1990s. Tax rates fell and government spending declined relative to GDP. But – ironically, in the long run, and long after he passed away – John Maynard Keynes got his revenge. Whereas free-marketeers believed markets were… Continue reading Balanced & Analytical
Some financial planners use the term “holistic planning”. It’s meant to indicate that they consider the client’s short-term and long-term life goals and how the client visualizes their future. Holistic Wealth Planning is continuous and considers multiple aspects of a client’s life objectives. The Valuation Reality Gap Only one of those aspects is ownership of… Continue reading What is “Holistic” Planning?
FPA Owner Transitions 