Decision-Based Wealth Building
The key to building wealth is to make decisions based on complete and accurate information.
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Is Investing Gambling?
As someone who has worked on Wall Street for 30+ years, the answer for individual investors is yes. The individual investor is at an informational disadvantage. There is a reason Wall Street and successful fund managers have technology and data…
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Are You Addicted to Being an Entrepreneur?
COVID-19 has forced many households into the entrepreneurial world; whether they are ready or not. In many respects, entrepreneurs can exhibit symptoms that mirror other substance abuse disorders. Left unchecked, families can find themselves in a financial bind that they…
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PODCAST: How to Protect Your Assets from the Harmful Effects of Addiction
Michael Lewis recently appeared on the UK-based Yeukai Business Show. The show featured Michael speaking with host Yeukai Kajidori about how families can protect their assets from the effects of addiction. Synopsis: The expression “workaholic” describes someone who is addicted…
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VIDEO: Michael Joins the Round Table with Sharifah Hardie
Battling addiction, no matter what the substance of choice, requires a strong support network. A financial advisor with empathy towards substance abuse should be a part of that network. He/She will be instrumental in creating boundaries, preparing a plan, and…
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What is the Meaning of Diversification?
While the question is simple, the answer is not. Below I have listed several factors where diversification plays a role in reducing risk in an investment portfolio. Asset allocation Most people think of asset allocation when considering if their portfolio…
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Collecting Social Security While Working
According to a 2018 report prepared by the Stanford Center on Longevity, most American workers have not saved enough to allow them to retire at age 65 while maintaining their current standard of living. In 2019, a record number of…
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Michael in the News: COVID-19 & Addiction
I’m excited to be mentioned in the July 2020 INDY magazine article entitled “Will the Coronavirus Create the Next Generation of Addicts?”. I am deeply concerned that COVID will only exacerbate a problem the health system cannot adequately provide for.…
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VIDEO: You Cannot Pay Your Way Out of This Crisis
You Cannot Pay Your Way Out of This Crisis You desperately want to believe that you can pay someone to take care of this problem for your loved one.
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