When the Rougarou roller coaster opens in Cedar Point, Ohio next year it will start by taking riders up 145-foot tall hill. Then it drops, makes a sharp turn and heads toward the water. Before it’s all over, there’s a 119-foot vertical loop, another loop that leans on a 45-degree angle and many more high-speed, high-thrill features. If that appeals to you, you might have enjoyed owning some index fund investments this week. As I’m writing this, the Dow is down more than 230 points. This is just after the Dow set a record high five days ago....
I recently read an investment article that listed five life-changing events that will impact your finances. It was a good list. There were sound reasons behind every item on the list and I’ll share them with you here: • Beginning a new career • Marriage • Starting a family • Retirement • Losing your spouse Not to be too cynical, but perhaps the list would have been a little more complete if the author would have added a sixth item right after marriage: divorce. It’s not a topic we like to think about, but it certainly has a major financial impact on...
“A successful man is one who can lay a firm foundation with the bricks others have thrown at him.” – David Brinkley I suppose few of you know who David Brinkley was. He was a newsman and together with Chet Huntley was a pioneer in the world of nightly, national news broadcasts. They were active when Walter Cronkite was probably the biggest name in television journalism. And with the history lesson over, let’s look at what Brinkley was saying. He was talking about overcoming adversity. We like that theme here at Evoque Lending...
We often work with individuals and families who are finding themselves in the middle of a credit crunch. It can be difficult for these folks, but we’ve been through it enough times to know that the situation is probably not as bleak as they think. Sometimes we go through periods in life when we face challenges that make us wonder if we’re doing things right. I want to share a couple of facts that shed light on the way we plan our financial futures. Stick with me on this, because we’re going to start this discussion in an unusual place. The...
Consider this before Spending your California Hard Money Investors are always on the lookout for “the next big thing.” It’s an understandable human urge. We probably all know someone who bought Google/Intel/Apple (choose one) at $25…or least says he did. Just a week or so ago I came across a headline in the LA Times that declared, “US moves to cash in on African economic promise.” The article was about companies investing in Africa. There’s some thought that Africa is the new Asia and that an economic boom is about to...
