Intentional WealthGood morning & happy Monday, “History must repeat itself because we pay such little attention to it the first time.” – Blackie Sherrod, American journalist, 1919-2016 Since we are now officially just over halfway through 2023, I wanted to provide you with a mid-year update. Before I make these comments, I would like to point […]
Good morning, happy Monday & happy 4th of July! Over the last few weeks I’ve been going through nerd-ville with P/E ratios, business valuations, dividends, shareholder value, and market commentary. Since it’s a holiday week, let’s have a little bit of fun. 😊 Check out these fun videos that were shared at my church on […]
Good morning & happy Saturday! This week’s Monday morning memo is coming to you on Saturday as I am leaving this afternoon for a mission’s trip to Guatemala. I will be there for the duration of the week ahead as I help in building houses for those in need in coordination with Hope Project International […]
Good morning & happy Monday! “If you can follow only one bit of data, follow the earnings – assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only […]
Good morning & happy Monday! “Business must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.” – Henry Ford, founder of Ford Motor Company Today I would like to […]
Good morning & happy Monday! “I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.” – Nelson Mandela, former president of South Africa My friends, this morning I would like to offer a […]
Good morning, happy Monday, and happy Memorial Day! “A hero is someone who understands the responsibility that comes with his freedom.” – Bob Dylan Originally Memorial Day started out being called Decoration Day and it originated shortly after the Civil War. That was a war that cost 620,000 precious human lives (roughly 1 in 50 […]
Good morning & happy Monday! “The joy is in the journey, not the destination. We have a better chance of seeing where we are when we stop trying to get somewhere else.” – John Bingham, author My friends, a few weeks ago my wife and I had the joy of welcoming our 2nd grandchild to […]
Good morning & happy Monday! “Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.” – Carl Icahn, American financier Last week I referenced this chart (also included as an attachment) that shows the S&P 500 from 1980 through the 1st quarter of 2023. Today I’d like to dive in this […]
Good morning & happy Monday! “He who loses money, loses much; he who loses a friend, loses much more; he who loses faith, loses all.” – Eleanor Roosevelt, former First Lady of the United States Let’s say I had a coin and two people with $1,000. Let’s say both individuals put their $1,000 on the […]