This might sound laughable, but far too many entrepreneurs and business leaders have no idea how to spend money. Here’s what I mean: you’re used to spending large amounts on your business, signing off on international flights and new equipment…
Here is part 7 in our Basics of Finance Video Series on Rebalancing Your Portfolio. Why would you need to rebalance your portfolio? Is risk tolerance a consideration? How should you set up your asset allocation model? Sound Financial Group President…
Once you’ve taken stock in what it takes to get to your dream lifestyle, you need to take account of your own personal strengths and weaknesses. You’ve gotten to where you are by emphasizing your strengths, often glossing over your…
Here is part 6 in our Basics of Finance Video Series on Rate of Return. How is rate of return calculated? What is going to produce your rate of return? Is it realistic to think you can beat the average market…
There’s a fatal flaw that plagues entrepreneurs of all stripes. It’s something weeded out at the beginning, but it can be disastrous to those who have built their business over decades. Entrepreneurs believe that they know everything. Virtually no one…
Here is part 5 in our Basics of Finance Video Series on Allocation. Why would you own stocks and bonds in the same portfolio? What does it mean to have an 80/20 or 70/30 portfolio? Sound Financial Group President (now CEO)…
