Looking for that Perfect Holiday Gift?

It is the time of year when people are wearing funny sweaters, drinking eggnog, and buying gifts for friends and family.  While the first two of the previously mentioned activities are things people are pretty excited about doing, the third is typically one that fills...

When is a Dollar More Than a Dollar?

Financial freedom is passive cash flow from assets that are greater than your monthly expenses. When looking at this formula, typically people focus on increasing the passive income from assets, which is essential. However, it is just as important to keep expenses to...

How to Compare Apples & Oranges

Have you ever been presented an investment opportunity and had no idea how to determine whether the deal was good or not?  When we are presented investments, we are often forced to examine options that have many different numbers and these different numbers make it...

Can You Sleep When the Wind Blows?

A wonderful story I once read was of a farmer who went through a succession of farmhands whom he found to be inept.  Then, one day he hired a new worker and everything was going well until a terrible wind storm broke out in the middle of the night. The storm brought...

You Won the Lottery, Now What?

Oftentimes, I will discuss “what if” scenarios that are not so pleasant (e.g., what if the investment goes belly-up? what if the market crashes? Etc.), in this blog entry, I am going to focus on a more upbeat “what if,” as in “what if you win the lottery?”  When...