Companies often look for opportunities to incentivize and pay their employees in other ways than just cash. Stock compensation is one of the most popular ways to do this. This past week, I was working on a plan for a client at Eli Lilly, and since so many people from Butler and Indianapolis work at Eli Lilly, I thought I…
Favorite Articles/Podcasts/Videos Ben Carlson – How to Lose Money When the Stock Market is at All-Time Highs – “If you own a handful of individual stocks that are getting killed at the moment, understand this is how it works.Investing in individual stocks is hard. Large drawdowns are more frequent. Bigger gains are possible but so are bigger losses. There are…
Becoming a parent is one of the most exciting times of your life. You are now responsible for more than just yourself and your spouse. With that responsibility, there naturally comes a want to do the best for your family and put them above yourself. Parents ask me all the time if they are prepared to bring a child into…
Favorite Articles/Podcasts/Videos Jonathan Clements – Hanging Tough – “Third, I have plenty of cash to cover my costs in the years ahead. I’m still making enough to cover my living expenses, thanks mostly to my work for Creative Planning. But even if that went away, I have enough in short-term bond funds and cash investments to cover my living expenses for the next five…
Apple Podcast Google Podcast Spotify Podcast We are back with another episode of The Long Game Podcast and this time Justin Castelli interviews Thomas to let him share his story as a celebration of 1000 downloads. Hope you guys enjoy! In this episode with Thomas and Justin we talk about: Thomas’ journey from quitting basketball to trying to figure out…
Here are a few crazy statistics about millennials and working: 25% of millennials plan to switch jobs within the next year (cnbc) The average job length for a millennial is 3 years (recruiting.com) 60% of millennials are open to new job opportunities (recruiting.com) It’s safe to say that millennials are job hoppers. We want to find the right place to call…
Favorite Articles/Podcasts/Videos ANNA N’JIE-KONTE – What’s the point of a financial advisor anyway? – “From what I’ve seen, a lot of people seem to think that an advisor is going to wave a wand and be life-changing for them. I believe a good advisory relationship has the possibility to be life-changing. For example, if you’re stressed about your finances around…
Learning how to manage your cash flow is essential to your financial success and it all starts with giving every dollar a purpose. It is always so interesting to see people’s reactions when I tell them this. They think I am going to tell them to create an excel spreadsheet and track Every. Single. Dollar. Every. Single. Month. This is…
Favorite Articles/Podcasts/Videos Ben Carlson – Overnight Millionaires? – “She is so right about the potential for being a client for decades. This is why many of the young and wealthy are seeking out advisors who are their peers. That’s not to say older advisors can’t understand younger clients but most young people aren’t impressed by the name on the door…
Apple Podcast Google Podcast Spotify Podcast We are back with another episode of The Long Game Podcast and this time I am joined by Alex Feinberg. Alex is a professional baseball player turned hedge fund analyst, Google employee & fitness entrepreneur. He has built an impressive audience over the past 2 years. In this episode with Alex we talk about:…