By Steve Wachs, CFP® “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” – Sam Ewing I am not sure what a hair cut [...]

By Steve Wachs, CFP®   “Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.” Warren Buffett We have previously used the first [...]

by Steve Wachs, CFP® Some of you may recognize this quote. Was it spoken by FDR, Winston Churchill, or Ronald Reagan? Actually, it is spoken by Coach Eric Taylor from the fictional television [...]

by  Steve Wachs, CFP® Impeachment, U.K. officially withdrawals from the European Union, US/Iran on the brink of war, Australian bushfires, the death of Kobe Bryant, Hong Kong protests, the [...]

by Steven G. Wachs, CFP® “You must never confuse faith that you will prevail in the end—which you can never afford to lose—with the discipline to confront the most brutal facts of your current [...]

By Steve Wachs CFP®                    “We have long felt that the only value of stock forecasters is to make fortune-tellers look good. Even now, Charlie (Munger) and I continue to believe that [...]

By Steve Wachs,  CFP® “Worry is paying interest on a debt you don’t owe.” – Mark Twain Climbing a wall of worry is defined as a market uptrend that occurs when there is significant [...]

By Steve Wachs, CFP ® “Everybody has a plan until they get punched in the mouth” – Mike Tyson As financial planners, we believe it is extremely important to have a plan. For [...]

By Steve Wachs, CFP®   “Life is like a roller coaster. Sometimes you close your eyes and hold on in sheer terror, other times you just have to raise your hands up in the air and enjoy the [...]

By Steve Wachs, CFP®   “It’s a short trip from the penthouse to the outhouse.” This quote appeared in last year’s Perspective when we asked the question “are we in for an outhouse season in [...]