This Father’s Day 2014, I am reminded of the first business lesson that my Dad taught me. This lesson is the main reason that I have survived over 30 years in the investment advice business in Minnesota. My Dad was a salesman all his life. So was his father. In fact,...
It is that time of the year in Minnesota. Weekend late afternoons and evenings have been filled with high school and college graduation parties. On some weekends this month, your attendance has been requested at back-to-back graduation parties. You never realized how...
The wise old man who first stated that there is more than one way to skin a cat knew what he was talking about. I wonder if he grew up in Minnesota. Financial Advisors come in all shapes and sizes. It seems that there are more names for advising people on their...
I just read the most recent Fidelity Investments study. The information reinforced the three main problems currently facing individual company 401(k) retirement plan participants. The first problem is the lack of will. Most individual company 401(k) retirement plan...
Googled is a real word. I know because I looked it up on Google. Googled means to search for something on the Internet using any comprehensive search engine. That leads back to my original question. Have you ever googled your 401(K)? Be very careful with the language...
There are two very different levels of investment advice. It is shocking to me that the majority of individual Minnesota investors don’t know the difference. Most independent investment advisors provide a fiduciary standard of investment advice. This level of advice...
