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Wealth Accumulation and Using Financial Services

Posted by Larry Jones on Jun 5, 2018 9:30:00 AM

It's Just Math (isn't it?)

Why on earth would anyone pay a fee to have a financial advisor help them? After all, isn't it just a matter of common sense? As one gentleman once exclaimed to me, "It's just math."

As someone who hates to pay for anything that I can do myself, I feel your pain. But it just may be that we need to turn this rock over a bit more and look under it. 

There's no reason to believe that just because you know how to quantitatively analyze a math problem with more than six variables, that you are familiar with the tax code, which even Albert Einstein said was "more philosophy than mathematics."

The typical electrical engineer would not be expected to understand how it's possible to generate a consistently positive growth in an IRA north of 7% without market risk.

Your average rocket scientist, if there is such a thing, might be surprised to find that there are ways to prevent the government from taking a large chunk of money from his family after he dies.

You see, the math is easy. It's the financial expertise that's missing. Just because you are a prodigy in your own field doesn't mean you are an expert in all the mysteries of the universe.

Read More

Topics: Wealth Accumulation, Financial Services

Wealth Accumulation: What the Wealthy Know That Most Don't

Posted by Larry Jones on Apr 5, 2018 9:30:00 AM

What do the wealthy know that we don't?

When it comes to "old money" wealthy families in the United States, there are some similar traits to be observed in how they accumulate assets and pass them on from generation to generation. When it comes to wealth accumulation, I believe the number one secret that they have is this: They know how to turn time into their ally rather than their enemy!

Did you know that the average mutual fund investor earns only 3.83% (Dalbar Study 2010)? Then those earnings are taxed at a greater rate than they need to be. At death, even more of those assets disappear into the government coffers. Time has become the brokers ally, or Uncle Sams, but not his.

Now let me ask you a question.

If you knew that you had all the time in the world to accumulate assets in your estate and for your family, would you do anything differently?

The wealthy have learned ways to make time their friend, and to use it to grow their assets, and to pass them along efficiently to the next generation.

Read More

Topics: Wealth Accumulation

Wealth Accumulation and Financial Services

Posted by Larry Jones on Jun 8, 2017 9:30:00 AM

It's Just Math (isn't it?)

Why on earth would anyone pay a fee to have a financial advisor help them? After all, isn't it just a matter of common sense? As one gentleman once exclaimed to me, "It's just math."

As someone who hates to pay for anything that I can do myself, I feel your pain. But it just may be that we need to turn this rock over a bit more and look under it. 

There's no reason to believe that just because you know how to quantitatively analyze a math problem with more than six variables, that you are familiar with the tax code, which even Albert Einstein said was "more philosophy than mathematics."

The typical electrical engineer would not be expected to understand how it's possible to generate a consistently positive growth in an IRA north of 7% without market risk.

Your average rocket scientist, if there is such a thing, might be surprised to find that there are ways to prevent the government from taking a large chunk of money from his family after he dies.

You see, the math is easy. It's the financial expertise that's missing. Just because you are a prodigy in your own field doesn't mean you are an expert in all the mysteries of the universe.

Read More

Topics: Wealth Accumulation, Financial Services

Wealth Accumulation: What the Wealthy Know That Many Don't

Posted by Larry Jones on Apr 11, 2017 9:29:00 AM

What do the wealthy know that we don't?

When it comes to "old money" wealthy families in the United States, there are some similar traits to be observed in how they accumulate assets and pass them on from generation to generation. When it comes to wealth accumulation, I believe the number one secret that they have is this: They know how to turn time into their ally rather than their enemy!

Did you know that the average mutual fund investor earns only 3.83% (Dalbar Study 2010)? Then those earnings are taxed at a greater rate than they need to be. At death, even more of those assets disappear into the government coffers. Time has become the brokers ally, or Uncle Sams, but not his.

Now let me ask you a question.

If you knew that you had all the time in the world to accumulate assets in your estate and for your family, would you do anything differently?

The wealthy have learned ways to make time their friend, and to use it to grow their assets, and to pass them along efficiently to the next generation.

Read More

Topics: Wealth Accumulation

Financial Services and Wealth Accumulation

Posted by Larry Jones on Jun 9, 2016 3:27:00 PM

It's Just Math (isn't it?)

Why on earth would anyone pay a fee to have a financial advisor help them? After all, isn't it just a matter of common sense? As one gentleman once exclaimed to me, "It's just math."

As someone who hates to pay for anything that I can do myself, I feel your pain. But it just may be that we need to turn this rock over a bit more and look under it. 

There's no reason to believe that just because you know how to quantitatively analyze a math problem with more than six variables, that you are familiar with the tax code, which even Albert Einstein said was "more philosophy than mathematics."

The typical electrical engineer would not be expected to understand how it's possible to generate a consistently positive growth in an IRA north of 7% without market risk.

Your average rocket scientist, if there is such a thing, might be surprised to find that there are ways to prevent the government from taking a large chunk of money from his family after he dies.

You see, the math is easy. It's the financial expertise that's missing. Just because you are a prodigy in your own field doesn't mean you are an expert in all the mysteries of the universe.

Read More

Topics: Wealth Accumulation, Financial Services

Wealth Accumulation: What the Wealthy Know (that many don't)

Posted by Larry Jones on Apr 12, 2016 2:26:00 PM

What do the wealthy know that we don't?

When it comes to "old money" wealthy families in the United States, there are some similar traits to be observed in how they accumulate assets and pass them on from generation to generation. When it comes to wealth accumulation, I believe the number one secret that they have is this: They know how to turn time into their ally rather than their enemy!

Did you know that the average mutual fund investor earns only 3.83% (Dalbar Study 2010)? Then those earnings are taxed at a greater rate than they need to be. At death, even more of those assets disappear into the government coffers. Time has become the brokers ally, or Uncle Sams, but not his.

Now let me ask you a question.

If you knew that you had all the time in the world to accumulate assets in your estate and for your family, would you do anything differently?

The wealthy have learned ways to make time their friend, and to use it to grow their assets, and to pass them along efficiently to the next generation.

Read More

Topics: Wealth Accumulation

What you don't know can hurt you!

As a fiduciary I am required to always act in your best interests, and as a professional planner, it's my job to be familiar with all types of possible solutions and financial vehicles. In short, I have no interest in selling any particular product or any affiliation with a particular company. I work for my clients.

Are you:

  • concerned that your tax bill is too high?
  • tired of watching your nest egg decline by significant amounts every 5-7 years?
  • wishing you could find more free time?
  • looking for ways to help protect yourself against litigation that could destroy all you have worked for?
  • worried that Uncle Sam is going to enjoy your retirement more than you are?

If any of the above describes you and you'd like to get a question answered then just click the button below and we'll be in touch.

Let's Meet!

p.s. we have the ability to meet virtually regardless of your location! Give us a shout!

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