Tag: investing

Help Wanted? An Interview Guide for Hiring Financial Professionals

By Sarah Fallaw on Apr 27th, 2020 in Current Events, Lessons Learned, Mentor's Corner

Amid any chaotic market or environment, many of us will seek professional advice, especially when it comes to achieving financial goals.┬áCompanies like Fidelity are hiring new staff and advisors to take on the increase in prospective clients who now want financial advice. We have anecdotal evidence of this increase at DataPoints, where many advisors have […]

The Household CFO: Success Factors & Leading Through A Crisis

By Sarah Fallaw on Apr 2nd, 2020 in Current Events, Psychology and Careers, Studying the Wealthy

Leading a household through a global pandemic is not a role most of us anticipated having during our lifetimes. Working from home alongside a makeshift school or managing household duties in addition to virtually caring for loved ones is only part of the changes many households are finding themselves experiencing. The new configuration of life, […]

Stocks: Not the Only Bull Market

By Thomas J. Stanley on Apr 23rd, 2013 in Mentor's Corner

A recent newspaper headline proposed that “the best way to get rich is the stock market.”  Building wealth via stocks or other investments is akin to growing trees.  You can’t grow oak trees if you don’t have enough money to buy acorns.  So, suggesting that the stock market leads to wealth is putting the cart […]

Part-time Hobby, Full-time Wealth

By Thomas J. Stanley on Mar 12th, 2013 in Mentor's Corner

Wall Street recently lost one of its greatest investment gurus, Dr. Martin Zweig.  His obituaries were published prominently in both The Wall Street Journal and The New York Times.  His accomplishments were many.  On the Friday before the Monday stock market crash of 1987 he predicted “crash” on TV’s Wall Street Week program.  Also The Zweig […]

A Bitter Lesson

By Thomas J. Stanley on Jul 10th, 2009 in Current Events

From the news reports that I have read about the Madoff scandal, most of the people who were highlighted lost all or nearly all of their wealth through investing with Mr. Madoff.  What if these same clients had an investment portfolio similar to that of the typical millionaire in America? Then less than 30% of […]