Making sense of financial reports for board members
Accounting for Good
FEBRUARY 9, 2025
Many leaders of Not For Profits are not "numbers people." The real challenge often lies in the language.
Accounting for Good
FEBRUARY 9, 2025
Many leaders of Not For Profits are not "numbers people." The real challenge often lies in the language.
Random Roger's Retirement Planning
FEBRUARY 9, 2025
A quick post for halftime reading. Check out the following. While the performance wasn't optimal it was in the ballpark. The growth rate, combined with an adequate savings rate would be enough to get the job done, even if it isn't optimal (repeated for emphasis). To be clear though, the Mystery Fund is not intended to be a single portfolio solution.
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A Wealth of Common Sense
FEBRUARY 9, 2025
Here are some random things I’ve been thinking, reading and watching lately: The Big Long wouldn’t sell nearly as many copies as The Big Short but its readers would make far more money. P.S. I’m writing a new book. Still workshopping the title. * This was some good father-son financial advice on Landman: You got two choices in life: Get really good at balancing a check book or make enough money th.
Calculated Risk
FEBRUARY 9, 2025
From Dodge Data Analytics: Dodge Momentum Index Grows 6% in January The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 5.6% in January to 225.7 (2000=100) from the revised December reading of 213.6. Over the month, commercial planning increased 4.2% while institutional planning improved 8.7%. Nonresidential planning activity saw diversified growth in January, with every vertical experiencing positive momentum, stated Sarah Martin, associate director of forecasting at Dodg
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Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Million Dollar Round Table (MDRT)
FEBRUARY 9, 2025
By Tim Daniel Clairmont, MSFS, LACP When we encounter a fear and we all have fears it may indicate an opportunity for self-development. In fact, you might find the key to your success when you lean into those fears. Part of facing fear is looking at whats preventing you from moving forward. Its not always easy to see. Sometimes, were so close to a problem we cant see it clearly.
oXYGen Financial
FEBRUARY 9, 2025
![CDATA[ There's an old saying that money can't buy happiness, but when given with love and intention, financial gifts can create priceless experiences and cherished memories. For those in their golden years who have worked hard to build financial security, the question of when and how to pass down wealth often arises. While many plan to leave an inheritance, there's a compelling case for giving.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
The Big Picture
FEBRUARY 9, 2025
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: That Giant Sucking Sound? Its Climate Change Devouring Your Homes Value. As the compounding impacts of climate-driven disasters take effect, we are seeing home insurance prices spike around the country, pushing up the costs of owning a home. In some cases, insurance companies are pulling out of towns altogether.
Abnormal Returns
FEBRUARY 9, 2025
Strategy Ben Carlson, "The pandemic turned us all into a bunch of degenerate gamblers." (awealthofcommonsense.com) How much active management do we need to have a relatively efficient stock market? (humbledollar.com) You have to stay in the game long enough to allow compounding to work. (buildingthingsthatlast.substack.com) Crypto A look at the few who made, and many that lost, money on $TRUMP.
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