Save, Invest, Spend

These three words are very powerful when you right size them to fit your financial decisions today.  Saving to cash reserves for opportunities and planning margins.  Investing for future wealth.  Spending the rest with confidence. In a declining market, this approach...

Patagonia

Earlier this year I read “Let my people go surfing, the education of a reluctant businessman” by the founder, and now prior owner of Patagonia clothing company.  I truly enjoyed this book which was originally published in 2005.  Recently, Yvon Chouinard, transferred...

Three thoughts…

Company values contracting, expanding, and contracting again can test the patience of the best investors.  This up/down movement in prices is unsettling, especially if you allow account values to define your progress as an investor.  If you haven’t created or updated...

So, you want to be an investor…

We (investors) love watching our accounts expand.  It’s nice to see forward progress in values so you get closer to what you want.  This calendar year so far has been “less awesome” from an investment perspective.  The roaring returns of the past several years, decade...

September

September will arrive later this week, so will our semiannual review meetings.  I learned years ago that attempting to squeeze all planning items into a single annual meeting was unproductive.  This didn’t allow time for clients to share personal updates or urgent...