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THE DISTILLERY

How to prepare for the next storm? – Buy Flood Insurance

Ok, you might be shocked when I tell you that I have never owned flood insurance and I am a financial planner, now for over 30 years.  I live in Cypress, Texas and very close to Little Cypress Creek which has flooded on several occasions since I have lived there for over 20 years.  Even last year on April 15th (Tax Day), the creek flooded and water rose almost to the bottom of my slab.  As I sat with my neighbors that day watching the water slowly rise, I discovered... Read More >

The Top Travel Rewards Credit Cards

It’s ironic that the Financial Planning industry rarely offers advice on Credit Cards, however, they’re in most (if not all) of our client’s wallets and sit squarely within the scope of Financial Planning. And when used properly (paying off your balance each month), they can add substantial dollars to your bank account via cash back, travel rewards, or a slew of other miscellaneous benefits often found only when taking the time to read the fine print on the introductory pamphlet. For example, did you know that when you use the Chase Sapphire Reserve card to rent a car in the U.S. and abroad, Chase covers up to $75,000 for theft and collision damage? That’s potentially hundreds of dollars in savings on a week-long trip when you waive the rental car company’s coverage.   In hopes of encouraging you to optimize your cash flow and savings by enhancing the plastics in your wallet, this week’s distillery is bought to you by The Points guy, a Travel and Credit Card Rewards expert who literally earns his living by racking up credit card debt! By following the link below, he provides us with his current list of The Top Travel Rewards Credit Cards… Read More >

Faster Access to your Money

This week’s Distillery is brought to you by the SEC. That’s right, the U.S. Securities and Exchange Commission happened to provide us with the most interesting (and relevant) news piece this week! As of September 5th, 2017 broker-dealers (Schwab/TD Ameritrade, etc.) will be required to... Read More >

What if Retirement Makes you Miserable?

Most people romanticize retirement. It’s really easy to do – even aside from the grass always being greener on the other side, you’ve been working towards retirement for the past 30 or 40 years. But that’s actually pretty dangerous... Read More >

The Least and Most Trusted News Sources in America

Which news sources are the most trustworthy? This seems like a simple question – but in the “fake news” era, things haven’t been so straightforward. As a result, the public’s level of trust in mass media has fallen to a low of Read More >

2017 2nd Quarter Update – Unusually Calm

Investment Mission Statement (IMS): To accomplish your life goals by earning a consistent, long-term rate of return in excess of inflation as required in your wealth plan.

As we look back over the first half of the year, one of the most notable items is how steadily markets have risen, despite ongoing political uncertainty and geopolitical tumult.   In reality, this is the way the stock market should behave.  We believe this serves as a good reminder that over the long term, financial assets are priced and valued based on their underlying economic fundamentals—yields, earnings, growth—not on transitory macroeconomic or political events. Economic and corporate fundamentals largely still look solid, and investors are pricing in expectations that the second quarter earnings season will demonstrate a continuation of Read More >

Disagreement: An American Tradition

Many believe there have never been more contentious times than those in which we now live. It’s a belief shared by most everyone of every era. I admit that times are strange, and in some ways they are unlike any other. But are they as bad as the late 1960s and early 1970s, the decade of assassinations and riots, of slain war protesters and Richard Nixon? Are they as bad as.… Read More >

The 20 Most Populous Cities in the World by 2100

If you look at a modern map of the world’s most populous cities, you’ll notice that they are quite evenly distributed around the globe. Metropolises like Moscow, New York, Tokyo, Cairo, or Rio de Janeiro are spread apart with very different geographic and cultural settings, and practically every continent today can claim at least one of the world’s 20 most populous cities. In the future, things will be very different.… Read More >