Never Buy This in December
It seems that every year in December we get a multitude of calls from clients regarding a pretty common occurrence for certain types of investments.This month, most pooled investments pay out their capital gains to shareholders and the value of the associated account falls for a few days until the money is reinvested or paid […]
College Funding 101
Like many Tennessee residents, you may have found yourself doing a bit of shopping last weekend. Tennessee’s annual “Sales Tax Holiday” is a great time to load up on clothes, school supplies, and other necessities for the kids and grandkids. This annual event held during the last weekend in July signals the end of Summer […]
How Goldilocks Keeps the Bears at Bay
Our “Goldilocks” by the campfire. She’s not too worried about the bears. This past Fourth of July weekend, we enjoyed a dad’s and daughter’s camping trip at Fall Creek Falls. As Sydney is getting older it seems we have less opportunity for daddy, daughter time, so I jumped at the chance to spend the weekend […]
It’s Time to Talk About Aging
We are all, inexorably, marching toward old age. By 2030, 72 million Americans will be age 65 or older.1 The good news is longevity has been improving, and people are remaining healthy and vibrant at older ages. The bad news is cultural perceptions of ‘old’ people have not kept pace. A 2016 analysis by the World Health […]
Lessons from Jack Nicklaus
A few weeks back, Jennifer and I took our kids to Boca Raton for spring break. This break just happened to coincide with an LPL Financial trip rewarding its top ten percent of financial advisors and it was the kids first trip of this kind since Sydney and Jack were little. I enjoyed getting to […]
What Christmas Means for Us
For our kids Christmas is a time to eat lots of sweets, decorate the tree and eagerly await the day when they can receive the presents they most dearly desire. Each year brings new joys and different experiences. Last year, Sydney developed a crisis of confidence with regard to her belief in Santa Claus. We […]
Do you have a loved one with a disability?
Sometimes the government gets things right. Recently, federal legislation has created a new investment vehicle called ‘ABLE Accounts’ (Achieving a Better Life Experience) to help families save for future expenses related the needs of a loved one with a long-term disability. For the first time, eligible individuals will be allowed to establish savings accounts that do not affect […]
Turning Death, Divorce, and Multiple Lawsuits … Into a Positive Experience
Eight years ago this weekend my father passed away in a horrible car crash. My brother Tim and I worked diligently to settle items in the estate, closing down a plastic surgery practice, dealing with fallout from various business interests, winding up the domestic relations order from his recent divorce and working through the probate […]
Proud to be an American
Then join hand in hand, brave Americans all, By uniting we stand, by dividing we fall; In so righteous a cause let us hope to succeed, For heaven approves of each generous deed. John Dickenson This past weekend, Jennifer and I made the pilgrimage to Bristol to see the Volunteers play against the Hokies in […]
How My Father’s Death Transformed Our Practice
“We believe it is important to stay fit physically and financially. Our Wealthfit™ process is at the core of everything we work with clients to accomplish over their lifetimes.” – Joe D. Franklin – CFP® I still remember how everything was turned upside down in September of 2008. Freddie Mac and Fannie Mae were placed […]