Fee-Only Investment Advisory and Financial Planning Firm Serving Greater Richmond, Virginia
Are we so desperate to shop that we are willing to forego enjoying the one non-commercial holiday left? This article talks about how Black Friday is more and more becoming Black Thanksgiving.
The financial crisis of 2008 has left deep scars on investors everywhere, leaving many perpetually nervous. Instead of focusing on the danger of changing stock prices, perhaps a shift in thinking would be beneficial. Other investors are seen as a threat to our wealth, but in reality, markets reflect the thoughts and analysis of millions…
I often walk my three All-American breed dogs through the woods behind my parent’s house. There, they can run free, chase squirrels and splash through the creek. It is their chance to be dogs the way dogs were created to be, even if it is only for a little while. While they are having fun,…
When I was in my early teens, I read a Bible verse that said, “you are to be perfect.” (Matthew 5:48). Unfortunately, I did not understand the context or the true meaning of this verse, which is we are to be moving toward perfection – being better people – as we grow older and more…
It can often be a lot of trouble to move assets out of an old employer 401(k) Plan to an IRA, especially if the 401(k) is hosted by an insurance company. The paperwork can be a real pain, and when your life is already stuffed to the gills with responsibilities, 401(k) paperwork does not sound…
According to Paul Simon, there are 50 ways to leave a lover. Not being as creative as Mr. Simon, we’ve only come up with eight ways for owners to leave their companies. •Transfer the company to a family member; •Sell the business to one or more key employees; •Sell to key employees using an Employee…
Nora Chapman’s story was typical of most business owners. At age 54, she was ready to leave her 25-employee advertising business. She was thinking of selling to one or two of her key employees and when we met her, her first question to us was: “Is this the right exit choice?” Many of you find…
“To will is to select a goal, determine a course of action that will bring one to that goal, and then hold to that action till the goal is reached. The key is action.” — Michael Hanson If the thought, “Why exit plan when I can’t sell my business now or anytime soon?” has crossed…
