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Dumb phone revolution

Is there a dumb phone revolution in the making?  I have been hearing more and more about people wanting to unplug from the system and giving up the smart phones for plain generic old flip phones.   With the computer revolution switch by some industries away from...

Buy a job, buy a business

I was having lunch with a client the other week and he mentioned that he wanted to buy a business within the next 5 years.  I found this to be an intriguing thought because it was suggested to me by another client earlier in the year to buy a business for one of my...
Death

Death

Death has an immediate impact in more ways than most think.  I wrote that a friend and client passed away recently.  Beyond the immediate impact on his family or on me personally.   I think the biggest impact was on the company he worked at.  He was the sole IT...

The Top 1% High Net Worth Advisor Team

As I was discussing over lunch with a financial advisor; there are times when clients have special needs or requests.   Beyond the fact that all clients have their preference on how they interact with us, or the similarities of the requests.  Our wealthier...
Profits

Profits

In my continuing quest to learn the answer, to the question how can I further assist my clients better, I stumbled over these statistics. They seem odd to me.  Seemingly 22.7% of the profits realized in the US come from the financial services industry, I am including...
Mileage

Mileage

Surprise the IRS and the courts are sticklers on allowing business mileage write-offs. In a recent case a taxpayer used his personal auto in his business of marketing petroleum properties.   For some activities, he kept a meticulous log with the exact miles...

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