The ideal company to own would possess the following 3 attributes. Operates in an industry with minimal competition and with high barriers to entry for new competitors allowing the company to generate high Returns on Invested Capital (ROIC). Requires minimal… Read More
A well-rounded estate plan addresses not only the distribution of wealth but also the welfare of your loved ones and the management of crucial medical and financial decisions. In this article, we’ll explore the multifaceted nature of estate planning, covering… Read More
Marriott is one of the largest hotel companies in the world but it owns very few hotels. They run an asset-light business model that avoids the significant capital expenditures associated with acquiring, developing, or maintaining hotel properties. This also reduces… Read More
Online scammers continue to find new ways to try to gain access to your accounts. Protecting yourself online continues to be an important strategy to protect your wealth. Online scammers tend to use scare tactics and follow the path of… Read More
Perhaps the most important economic and market driver over the last few years has been the Federal Reserve’s (“Fed”) aggressive inflation battle marked by a sharp rise in interest rates. Since 2021 the Fed has raised rates 11 times totaling… Read More
On the journey towards financial well-being, knowledge truly is power. While I think most would agree that money management is a vital life skill, it is often overlooked in traditional education and not talked about enough at home. Let’s face… Read More
President Joe Biden’s plan to forgive up to $20,000 of federal student loan debt per borrower has been knocked down by the Supreme Court and the COVID-driven student loan payment pause expires on August 31, 2023. Many of the 43… Read More
You lose $8,000 in one night playing Blackjack. Are you going to try and win it all back again tomorrow?You do come back and you lose even more. This time it’s $10,000. Are you finally done, or will you come… Read More
We all know the famous Warren Buffett quote about only swinging at a “fat pitch”. It’s a beloved quote and a lot of people use it to describe their own investment process. But they use the “Fat Pitch” as a… Read More
One of my best friends loves to bake cakes; she posts pictures of her cakes on Instagram and sells her cakes to anyone who would like a custom cake, which for now is mostly family members and friends of friends…. Read More
In investing, risk is typically defined as the possibility that actual returns will differ—sometimes significantly—from what you expected, including the potential loss of principal.