sub sandwich

The $12 Footlong

What does a typical meal cost today? Maybe $12 for a quick stop — or $15 if including a drink. Sit down somewhere nice, and you’ll owe closer to $20. Now fast forward 30 years. The $12 lunch — once only $5 — is headed toward $30.
sand in an hourglass
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The Money Value of Time

Investors often learn about this critical principle in finance: the time value of money. But recently, I began thinking about this from the other direction. If there’s a time value of money, there’s also something I call the money value of time. In the long run, that may matter even more.
calendar displaying "tax day"

Where Tax Mistakes Actually Happen and Why Timing Matters Most: Part 2

Where do those tax problems actually show up, and why do so many thoughtful investors ultimately pay more than necessary? In most cases, it’s not a lack of knowledge that drives this problem, but timing. The biggest tax mistake investors make isn’t misunderstanding the rules; it’s waiting too long to act.
calendar displaying "tax day"

The Hidden Tax on Your Wealth: Part 1

Most investors think about taxes once per year. April arrives, documents are gathered, numbers are calculated and a return is filed. Then, for a while at least, taxes fade into the background. But even before you file that return, several factors have likely influenced your tax outcome, potentially in significant ways.
calm water

Predictability in an Unpredictable World

A great irony of investing is that people crave certainty when the world offers very little of it. Yet beneath all that motion, something remains surprisingly steady: Dividends.
jenga blocks

Where Does Your Risk Live?

Most investors instinctively define risk as market volatility — the uncomfortable reality of stock prices rising and falling over time. When markets drop sharply, the losses feel immediate and visible. Investors see account balances decline, and the headlines only amplify their fear — creating an emotional impact that is powerful and persuasive. But volatility is only one kind of risk.
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When Markets Panic, Memory is the First Casualty

There is a curious trait built into human nature: When something is painful, frightening or deeply disorienting, we don’t just want it to end — we want to forget it ever happened. COVID fits that description perfectly.
scoreboard

The 62-Year Scorecard

Somewhere around age 62 — about the time many people begin thinking seriously about retirement — the focus shifts. The conversation moves from accumulation to preservation, from maximizing growth to ensuring durability. The question is no longer, “How much can I build?” but rather, “Will this last?”
stacked blocks

The Quiet Power of Dividends

They aren’t flashy. They don’t dominate headlines. They rarely fuel cocktail-party conversations or social-media bravado. In a market obsessed with price momentum, dividends can feel like the broccoli of investing — nutritious, dependable and routinely ignored in favor of something more exciting.
man holding an empty wallet

Debt Is Real; Panic Is Optional

Recently, I met with a prospective client who leaned forward, lowered his voice and said, “I have one question — and I want your honest answer. The United States is bankrupt.”
people protesting vietnam

Looking Forward with the Perspective of the Past 50 Years

Most people reading this column — whether early in their careers or well into retirement — have had their entire financial lives shaped by the events between 1975 and 2025. And yet almost none of us were taught to study that period carefully. Instead, we’ve been conditioned by markets, media and our own wiring to obsess over what’s happening today and what might come next. Such a short-term obsession is the enemy of good investor behavior.
notebook displaying the words "plan"

Your Plan (and Behavior) Matter More Than the Headlines

The biggest success determinant has nothing to do with cleverness or timing. Instead, it has everything to do with having a plan and sticking to it. Amid all the noise in today’s world, it’s easy to get distracted from the foundation of your financial plan. By returning to those core principles, you can recalibrate to your highest priorities, both for now and the future.
shopping at the market

Overcoming Inflation Using a Familiar Friend (Part 2)

If your income doesn’t rise to match inflation, your lifestyle must fall to compensate. That’s not pessimism but basic math.
Citrus fruit in a grocery aisle

Understanding Inflation, the Silent Killer (Part 1)

Among the greatest long-term threats to retirees and investors is inflation. The world was reminded in recent years — and almost overnight — just how quickly inflation can roar back to life.
man looking at sunset

From Accumulation to Freedom: A Better Retirement Mindset

I want to start with a story that’s uncomfortable and all too common. A man dies at 73 with $2.4 million. He lived in the same modest house for forty years, drove an aging car and clipped coupons until the end. He never took the big trip or upgraded anything to make daily his life easier. Instead, he just kept stacking dollars in the bank. Shortly after his funeral, his children split the money. Flush with cash, they purchase new homes, cars and consumer goods to upgrade their lifestyle — until the money runs out.