1.

If Pets.com was the symbol of excess for the late 90s bubble, what will be the today’s symbol in the future? I think it will be Bitcoin. A currency that tech guys created out of thin air that’s worth over $50k a coin? And this doesn’t make you frightened as hell??

2.

My daughter asked me “are baseball managers important?” I emphatically answered “hell no.” In today’s algorithmic baseball, the game is managed from a luxury box. I said to my astonished daughter that managers are nothing but “camp counselors.” She is currently a camp counselor…

3.

In the old days, a money manager (MM) held off from buying a company because the price was rich. Maybe it traded at 53 and the MM didn’t want to pay over 45. Do you think those decisions still take place today or do MM just buy it because it has a good story? I think it’s the latter…

4.

As a financial advisor, it’s very easy to get too comfortable. So when a valuable product comes out, determine where it works for your clientele. In my opinion, Legacy Matters is that product. It’s a very 15-minute life product that offers a death benefit, cash build-up, and a money-back guarantee. What a perfect time to take funds off the table or move out of zero-interest savings accounts. It’s another way for you to add value to your clients!

5.

I saw last week my Senator of CT proposed to give CT minor league baseball teams $500 million for hardship during the COVID overreaction. I think we as a society have forgotten the value of money. Giving away all this money changes our perspective and will effect our purchasing power. I guess we all accept it as long as our 40l(k)s keep going up…

6.

What will be our “canary in the coal mine?” Is it Bitcoin? Is it computer pictures (NPRs) selling for millions that anyone can use exact copies free of charge? How about Tesla? Maybe the GameStop scenario? Should I go on? Remember; Crazy times deserve more safety and guarantees…