by Michael Isom | Dec 10, 2020 | Thoughts on Financial Security
We are in a snowstorm of an economy! Politics, Viruses, Vaccines, Freedoms, Equality… There is black Ice out there and it can be damn hard to spot! Some are frustrated that markets are not behaving the same as 2018 & 2019. Some hardly feel the difference. Some are...
by Michael Isom | Dec 3, 2020 | Uncategorized
Saving and investing are treated as synonyms by typical banks and Financial Planners. They are distinctly different wealth-building strategies. On the one hand, saving is primarily used to “preserve” capital. On the other hand, the purpose of investing is to “grow”...
by Michael Isom | Nov 19, 2020 | Thoughts on Financial Security
Recently I asked the group on Facebook if they would rather leave a pile of cash behind for their kids or the knowledge on how you created that pile of cash? Almost unanimously the answer was “I’d rather leave the knowledge.” So, we followed up...
by Michael Isom | Nov 12, 2020 | Thoughts on Financial Security
Do you believe your #1 Investment is your business or career or do you believe that somebody else’s business (i.e. a mutual fund or a stock, which is somebody else’s business) is the #1 Investment out there today? Think about it for just a moment. What has...
by Michael Isom | Nov 5, 2020 | Uncategorized
I knew it might have been a little controversial when I posted… “Do you know the difference between whole life insurance and term insurance?” But we had some great responses! It’s a scam.” “Hey, what’s the difference?” “I don’t know anything...
by Michael Isom | Nov 2, 2020 | Thoughts on Financial Security
Last Saturday I asked this question on my Facebook profile: “What keeps you up at night when it comes to money?” Out of all of the responses, this ONE really stood out to me. “Not that there isn’t enough of it but that I didn’t do enough to get what...
by Michael Isom | Oct 1, 2020 | Thoughts on Financial Security
Ask yourself this question:Are the dreams & goals for my family the same whether I am here or not? Today, I had a somber reflection, one that brought a tear to my eye. A small business owner friend of mine, who is about my age, died last night from a rare blood...
by Michael Isom | Sep 24, 2020 | Thoughts on Financial Security
You know that feeling when you’re so upset you can’t even think? What is it like for you when you fight with your spouse over money? At times it has outright disabled me. When was the last time you had a disagreement around money with your spouse? ...
by Michael Isom | Sep 17, 2020 | Thoughts on Financial Security
Those who commit to maximizing savings find that their finances expand to meet and often exceed their initial desired outcomes. This “LAW” always works! Whether you have term insurance, whole life insurance, or no life insurance at all, it works. Have you ever noticed...
by Michael Isom | Sep 10, 2020 | Thoughts on Financial Security
I’ve met way too many “savvy savers” and “incontinent investors” who have NO clue where they are going financially. Oh sure, they know a general direction… But when asked if they are saving enough, I get one of three responses. They get mad at me for asking. They get...
