by Leif Jensen | Oct 24, 2022 | Investing, Running a Business |
People initially questioned Disney’s sanity regarding the purchase of Lucasfilm for $4 billion, when it occurred. Since Disney’s purchase in 2012, the Star Wars franchise has generated close to $5 billion in worldwide box office revenues and in excess of $8 billion in...
by Leif Jensen | Oct 19, 2022 | General |
China has a plan and the answer may lie in China’s digital yuan. China’s cryptocurrency has been in development for over eight years, since the People’s Bank of China (PBoC) first began investigating a government-run bitcoin in 2014. In the early 2010s, Chinese crypto...
by Leif Jensen | Oct 18, 2022 | Money Management |
Most people who took the EIDL advances where under the impression that there was no interest accruing in the first year, nor the extension. There were just no payments due. Interest was accruing and now the original payments that were sent are not enough to cover the...
by Leif Jensen | Oct 17, 2022 | Rant |
I personally believe that we have lost one of our Constitutional Rights. If you speak what is on your mind and if it is at all controversial the villagers will be out to get you with pitchforks and torches. There will be no reasoning with them, they will burn you and...
by Leif Jensen | Oct 12, 2022 | General |
Lately we seem to be a country more and more at battle with itself. In one corner is the employee vs employer, battle over salary transparency. This would bring major changes to some of the nation’s most powerful companies from Wall Street to Silicon Valley. A small...
by Leif Jensen | Oct 11, 2022 | Investing, Money Management |
There are now many homeowners who want to move out of the starter house into a larger one, or smaller if they wish to contract since you are now an empty nester. But they are locked in the “golden handcuffs” of low mortgage rates and find it too daunting to sell...
by Leif Jensen | Oct 10, 2022 | Economy |
I learned something new today. Andrew Jackson was the only President of the United States to have no deficit during his reign. Jackson, who served from 1829-37, was an ardent supporter of keeping banks and government separated. He believed that banks would have...
by Leif Jensen | Oct 5, 2022 | Investing, Money Management, Running a Business |
As a small business owner when cash gets tight the first thing to go is the owner’s salary, or at least a portion of it. This may not always be the right thing to do. I know too many who pay themselves so little in wages that their SS benefits are scheduled to be...
by Leif Jensen | Oct 4, 2022 | Estate Planning |
Post Retirement Navigator was a piece of software originally designed by Phil Lubinski and developed by All America, sold to one firm and then another only to wither and die. I loved the concept of this software for retirement planning and investing. While you are...
by Leif Jensen | Oct 3, 2022 | Estate Planning, Investing, Money Management |
Do you have a pile of investments you call a nest egg. Or do you have a retirement plan? I have both. The bulk of my investments are in a balanced portfolio that rebalances every quarter and the holdings are reviewed every couple of years. Then I have an E=Trade...
by Leif Jensen | Sep 28, 2022 | Franchises, Investing |
I am astounded, what a sneaky business model; Chick Fil A has a brilliant plan in place. Some of this information is directly from their website. Chick Fil A has an initial financial commitment of only $10,000. Annually 60,000 people apply, but only about 80-120 are...
by Leif Jensen | Sep 27, 2022 | Investing |
He said, “Son, stocks may rise and fall, utilities and transportation systems may collapse. People are no damn good, but they will always need land and they’ll pay through the nose to get it! Remember,” my father said… …land -Lex Luthor...
by Leif Jensen | Sep 26, 2022 | Franchises, Investing |
Are you the type to invest in a franchise or a franchisor? Or would you just like to use them on a as you please basis. I knew that when Chipotle first came out a number of people were looking into the requirements for a franchise. These are not people who invest in...
by Leif Jensen | Sep 21, 2022 | Estate Planning, Investing |
Reverse mortgages, you have seen the cheesy commercials where they get an old actor who hasn’t seen a payday on a decade or so, pitch the wonderful benefits to those who had not been lucky enough to plan for their retirement better. A reverse mortgage is a loan. A...
by Leif Jensen | Sep 20, 2022 | Estate Planning, Investing, Money Management |
As a financial professional I am amazed by how many people refuse to have an adult conversation about their financial position or estate planning. My wife has told me repeatedly that she is uncomfortable with the topic and her family never talked about such things. ...
by Leif Jensen | Sep 19, 2022 | Estate Planning, Investing |
You are retired or about to retire and you have all of these different accounts. Some are qualified and some are unqualified, and your eyes roll to the back of your head when you think about untangling all of these accounts. One thing you may not have initially...
by Leif Jensen | Sep 15, 2022 | Running a Business |
I recently engaged in an online exchange with leaders across the country on the topic of leadership and the value of reading. Some claim that reading is passe, that today’s world of blogs, documentaries, TED Talks, and other online resources provide just as much...
by Leif Jensen | Sep 14, 2022 | Estate Planning, Investing |
Do you have a significant net worth? Are you planning on leaving a significant net worth? Do you have plans in place to maintain that net worth for future generations? If at the moment you don’t have a significant net worth and want to leave one behind, I suggest...
by Leif Jensen | Sep 13, 2022 | Running a Business |
Is a college degree worth the ever-rising cost to get one? This was a topic covered often by Professor Doom on his blog. Unfortunately, he recently passed away from cancer, so there will be no further data from the Professor. According to some recent stats for most...
by Leif Jensen | Sep 12, 2022 | Running a Business |
I was asked a question about a minority owner who was a FTE of a small company that was getting a 1099-NEC and not a W-2. I was taken aback, since if they are one of the actual employees of the firm working day in and day out as a employee and not an independent...
