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Money Laundering

I was talking to a banker the other week and we got on to the subject of money laundering.  Yes, most of my discussions with bankers lead to the discussion of crimes and felonies.  What can I say; I am curious on how the real world works and the mysteries I read are...

The World of Tomorrow!

Will the financial planners of the future be machines?  Will a machine be able to dispense good investment advice? The answer for the moment seemingly is a yes for plenty of people. “Robo-advisers” are using technology to create investment advice and manage your...

Franchise Follies

I received an e-mail for a colleague who had a referral that they could not handle and was requesting that if possible could I assist them. They were looking for assistance immediately. I was curious and I had an office day scheduled, so I accepted. This couple in...

Reciprocity

The act when you give something (an item or a favor), the other person naturally feels indebted to you – especially if the gift is unexpected. But also people do not like feeling indebted to others. We are hard-wired to balance the scales again as soon as possible....

Penny Stock

100 years ago I was working for a Finance Director company that I hated being associated with. I took the job because I had had a relatively long bout of unemployment before I was hired by Waste Management; a job I loved, I was working with a great team and had a...

The constant battle to get even

Last week I was meeting with a client, who was struggling a few years ago and is now on the rebound. But that in itself is the problem.  When their business was struggling for income, they were forced to use up their reserves and got into debt. Even though the...

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