Financial Advising Financial advising businesses, like any others, try to be profitable, and that profit has to come from somewhere.  When you look for financial advice, you should be aware that there are really only four basic profitable business models this kind of business can choose from.    I like to visualize them geometrically, with a [...]

Investing for Retirement You have to keep your eyes open when you’re investing for retirement.  Let me show you what I mean.  Imagine you walk in to a grocery store saying, “I’m thinking of having a barbeque, can you help me?”  A helpful employee would probably point you toward the meat section.  Ribs, steaks, burgers [...]

This is an excellent treatment of this subject. Watch and learn!

Business Models Financial advice businesses, like any others, try to be profitable, and that profit has to come from somewhere. When you look for financial advice, you should be aware that there are really only four basic profitable business models that this kind of business can choose from. I like to visualize them geometrically, with [...]

Simple Doesn’t Mean Easy I’ve often found that there are things in life that are simple, but not easy. Like dieting. Losing weight is simple – you just move more and consume less, right? But for most of us (and certainly speaking for myself), knowing how simple it is doesn’t make it easy. Financial planning [...]