Let’s Watch the Grass Grow!
Recently I read this quote from American economist Paul Samuelson: “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” For those of you who have been to Las Vegas, you know what he’s talking about. Being in the casinos is an […]
Pass the Wine, Please…
I recently took a trip to France and had the opportunity to tour some wineries. Fascinating business, making wine. Did you know winemakers use satellites to monitor their vineyards? Some of them even have their land divided into grids so that they can monitor the soil and plants in each grid. Then there is the […]
Minimizing Taxes
Throughout history taxes have been necessary to pay for public services and needs. As the civilization grows, so does government, and this requires more revenue to pay for the expenses of the Treasury. Legislation is passed and new financial commitments are created on a continuous basis, creating a limitless demand on the resources of the […]
Show Me The Money!
I think everyone knows that famous scene from the movie Jerry Maguire. It is a great example of the sheer desperation people can experience when it comes to the subject of making income. Have you ever felt like that? You are an expert in your field, have the latest equipment and the best staff, your […]
How to Turn 49 Cents into $2.86 Million
Remember the McDonald’s hot coffee fiasco? A lady bought a cup of coffee, spilled it on her lap and sued. McDonalds was found liable and damages were assessed in the millions. It doesn’t take much to consider that McDonalds has “deep pockets.” Have you considered that Private Practice owners are perceived to have “deep pockets” […]
What makes you so special?
You are special because, unlike the average person, you are a private practice owner. Owning your own practice makes you special when it comes to financial planning because your practice is a key contributor to you household finances. Therefore your practice must necessarily be included in your personal financial plan in order to truly have […]
Private Practice Professionals: Pay Yourself First!
Part of my responsibility as a Financial Advisor is to observe and communicate what successful actions you as a private practice professional can do to ensure your financial future is certain and secure. The first step on your journey to obtain Financial Power is to Pay Yourself First! You may ask yourself how to pay […]