Latest Blog Posts


New Market Highs Not Rare, Don’t Predict Declines

On October 3, 2018, the S&P 500 hit yet another high. This left those who believe in timing markets wondering if they should cash out, as the end must be near. Just seven days later the index fell 4.3% in just two days, which seemed to confirm those fears. Certainly, Read More

Passive Investing, Like Buying Used Cars, Is Wise Strategy

Need a car? Buy used. It’s what I always do. My sweet spot is a low-mileage vehicle two or three years old, which I routinely can find for 25%to 35% less than the original cost. I recommend this strategy to my clients, staff, and friends. If everyone followed this advice, Read More

Term Life Insurance Can Protect Retirement Plan Contributions

Some of the typical reasons for life insurance are to replace a breadwinner’s salary, pay off large debts, and pay estate taxes. Another reason to carry life insurance—if it’s the right kind—can be to fund a retirement plan. To illustrate, let’s imagine a couple, both 55, with two grown children, Read More

The Happiest States in the Whole USA

My friends from across the country generally give me a lot of grief when I extoll the benefits of living in South Dakota. They often dismiss my enthusiasm for our state as a psychological game I play to pretend that living in what they perceive as a dreary outpost near Read More