12 Lessons I Learned From Donald Trump
I’ve already written about Donald Trump once this year…part of it had to do with his initial splash as a potential GOP Presidential nominee. The rest of it centered on how the stock market reacts to what is referred to as the presidential cycle. I’m still not a believer that any President wields enough power […]
Save This Much Each Day to Become a Millionaire
One of my favorite books is The Millionaire Next Door because it focuses on how almost anyone can become a millionaire as long as they are diligent about saving, and more importantly investing. I see daily proof of this as people from all walks of life come into my office who have accumulated millions of dollars. […]
P & G Offers Investing Insight
What’s your first reflex if your hand accidentally touches a hot stove? Most likely, your hand recoils quickly in hopes that you won’t feel severe pain. Now let’s make a stock market comparison. What’s your first reflex when the 24-hour news cycle tells you that the sky is falling and that changing politics, war, terrorism […]
Average American holds more debt than Greece
With Greece grabbing headlines yet again over the past few weeks, I thought it worthwhile to put their debt debacle into perspective for the American consumer. Although there is very little practicality in comparing the finances of a country to the finances of an average individual, I think a rough comparison may help some of […]
The Easiest Budgeting Program Ever Created: T.S.L.
I recently read a study from the Federal Reserve Board that was released in May that said in 2014, “Forty-seven percent of respondents say they either could not cover an emergency expense costing $400, or would cover it by selling something or borrowing money.” That’s almost half the people surveyed that clearly didn’t have at […]
Investing In Tumultuous Times
Last week was one of the more unsettling weeks in a long time for investors. The Chinese stock market hit bear market territory, the Greek debt saga continued to confound the world, and to top it off the largest stock exchange in the U.S. was completely shut down for almost four hours on Wednesday. With […]
The Right College Major Can Make You $3.4 Million More In A Lifetime
The other day I was playing The Game of Life with my kids again, and I realized exactly how inspiring this game is for kids. While we were playing my youngest son turned to me and said, “I want to be a doctor when I grow up.” When I asked why he told me it’s […]
The Cost of July 4th
Last year I wrote an article for About.com about the cost of celebrating July 4. The ever-increasing price of gas at this time last year was a crushing blow to most American families, especially those who drove to their vacation destination. The cost of beef had also risen 25 percent going into the holiday, so […]
Wes Moss: Donald Trump For President
Donald Trump is finally officially running for President. He’s an action oriented guy and has been hinting at doing so forever, so it’s about time. He is clearly very popular having been the most Googled Republican presidential candidate in all but three states the week after announcing his plans to run. But, he’s also an […]
Does Your Family Need An Economic Shut Down?
One of our main partners at Wela, my digital advisory firm, and his wife recently decided it was time to reset their spending habits and undergo an “Economic Shutdown” – a concept I outline in my book, You Can Retire Sooner Than You Think. For the month of May, Eddie and Rebecca Goepp (pronounced “Gep”) […]