“Everyone has a plan until they get punched in the mouth.” Mike Tyson, former heavyweight boxing champion I would bet you that Mike Tyson is not much of an investment manager. Like me, I am sure that you have read multiple stories over the years about how he has...
I would like to remind everyone that the month of April is Financial Literacy Month. There is a nonprofit organization called Money Management International that has set up a web site with Thirty Steps to Financial Wellness. There is some great financial information...
I am going to make an educated guess here. I have seen enough Minnesota company retirement plan menus in my career to know that following statement is true. The mutual fund options in your company 401(k) retirement plan menu are not very good. These mutual funds...
Every March my friends and clients guilt me into participating in their NCAA basketball tournament pools. The results are the same each year. After the first two rounds of games I have lost my entry fee and have no chance of winning anything. Filling out a tournament...
Warren Buffet is a very smart long-term stock market investor. In one of the many articles that I have read about him, I remember a great quote about the professional basketball player LeBron James. Mr. Buffett calls it the “LeBron James analogy.”...
This week, employees at large and small Minnesota companies are focused. The focus is not on their work. They need to fill out their brackets for this year’s NCAA college basketball tournament. Not many people are college basketball experts. Picking the winners of...
