facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Blog

Keeping You Informed About Wealth Management and Personal Finance

Stay in the Know

Be the First to Receive Updates


The Bitcoin Article You Have Been Waiting For (tongue planted firmly in cheek) Thumbnail

The Bitcoin Article You Have Been Waiting For (tongue planted firmly in cheek)

The last time I wrote about bitcoin on our blog was September 13, 2018. I was dunking on bitcoin back then, gloating about how smart we and our clients were for avoiding this asset during the late-2017 hype that drove bitcoin up to $19,835. That post hasn’t aged very well. And you know what, this post may not age well, either. Predictions are the toughest game in town. An impossible task. I won’t make any price predictions on bitcoin today, but I will share a bit of what I know.

Read More
Thoughts on Residential Real Estate Thumbnail

Thoughts on Residential Real Estate

I was talking with a client recently about a home he owns in a major US city (not Minneapolis). I was curious about what the historical price appreciation has been in his market, so I pulled some data on his market. The data on his city fascinated me. I then began wondering how other US cities’ real estate has performed over recent periods.

Read More
We Have It Good Here Thumbnail

We Have It Good Here

Imagine for a moment that we’re past the worst of the COVID scare. Imagine also that you aren’t watching or reading political news. Then live a typical day in America. Just how good do we have it?

Read More
Is a Discount Cell Phone Plan Worth It? Thumbnail

Is a Discount Cell Phone Plan Worth It?

There is no shortage of discount cell service providers these days. It's to the point where The Paradox of Choice and inertia set in, leading most folks to simply stick with the same cell provider they have always used. My wife and I switched from Verizon to Consumer Cellular in October 2017. The main only reason we switched was to save money. The tl:dr version of this post is that we really like Consumer Cellular.

Read More
Frugality Never Fails at Building Wealth Thumbnail

Frugality Never Fails at Building Wealth

I won’t tell you that skipping lattes will make you a millionaire (because I don’t believe that). I’m not going to spend-shame anyone in this post. But I will forever maintain that frugality is a darn-near surefire way of building wealth. If you spend meaningfully less money than you make (that is, saving 15% or more of your income), it necessarily follows that you will build wealth. That’s not an opinion; it’s math. If you can only save 10%, then start there. But ultimately, work up toward a 20% savings rate…and then move higher from there. We have multiple clients saving more than 50% of their after-tax income.

Read More
Cheap Money Thumbnail

Cheap Money

Statements you will hear outside TWG’s walls, but not inside them: “Money is really cheap right now.” “I get a tax deduction on this, so it’s a good deal.” “The dealership is providing interest-free financing on the new model, so I’ll buy new.” “We refinanced and are saving $300/month on our payments.”

Read More