What a week for people named Warren and Trump. Did you catch the Oscars Best Picture mix-up with Warren Beatty?? The bottom line for me was: when you are unsure whether you understand something important, ask.
As for people named Warren Buffett this week yielded yet another annual letter of wisdom and perspective from the “Oracle of Omaha”. Striking was that Mr. Buffett’s letter reflected several similar sentiments (some not) to those expressed by Mr. Trump in his Presidential address to Congress on Tuesday evening. Another week in America. Not always perfect but still good–even great. Continue reading “Warren Buffett Letter 2017”
Money and Therapy. Two things that people may love or hate talking and thinking about. However, among other things in life, money and therapy help.
Here is where I am going with this. Recently I read a must-read book for young and old, wealthy or building wealth, married or single. Anyone who wants to have a “life” someday…or even have a life NOW. The book is called The Number* and was written by Lee Eisenberg nearly 10 years ago, but it reads like he wrote it yesterday.
“Is this the ‘Big Dip’ in the markets they have warned about?”
“Should I be selling my stocks?”
“Should I be selling my bonds?”
Although I stress to clients and friends NOT to listen to the Talking Heads on TV, radio & internet—and then make rash investment decisions – when these media personalities comment on dramatic market moves (they LOVE down markets for hype), we are human! It is nearly impossible to ignore completely what is going on daily in the markets. And the stock markets have crept down a bit over the past few weeks. Continue reading “Gut Check in Rocky Markets”