The Morgan Report 2015 Q2 Review: Greek Salad Hold The Euros
“I am indebted to my father for living, but to my teacher for living well.” –Alexander the Great Every day of our lives presents us with moments. Moments that can affect us for years to come. This past quarter presented itself with many moments that contrary to what some might be saying are not […]
Read ArticleWhat Can a High School Coach from Arkansas Teach Us About Investing?
Kevin Kelley is an Arkansas high school football coach who almost never punts the ball. When he first arrived at Pulaski Academy, local fans were furious and confused by his coaching strategy. Kelley says he stumbled upon research done by a Harvard college professor. The main theme of the professor’s paper was that conventional […]
Read Article3 Important Investment Mistakes to Avoid in 2015 and Beyond by Morgan Smith
Mistake #1: Diversifying by Hiring Multiple Financial Firms Many investors want their investments diversified. This is a good thing for those who want to reduce many of the risks associated with investing, but the mistaken perception of what diversification actually means causes investors to have some strange ideas.One of the things I’ve heard people […]
Read ArticleIs it the IRS…or a Scammer? Don’t Be Fooled! By Kermit Johns
A client recently told me about a call he received from the Internal Revenue Service that seemed suspicious. The caller left an urgent callback request, but he was not adept at representing himself as an IRS agent. Regardless, my client was concerned about the IRS having access to his fee-based investment account. Unfortunately, this […]
Read ArticleThe Morgan Report 2015 Q1: What The Buddha Taught
For some, the mind is a battlefield. For others, it’s a tranquil pond. The difference between those two states is a personal journey that involves both the mind and the heart. And, you are never completely in one state or the other; it takes continued effort and discipline over time to get the results you […]
Read ArticleWhy Some Uber Drivers Are Losing Money
COST DEPRECIATION, CARS, AND UBER As a Certified Financial Planner® professional, I’ve been talking with clients about cost depreciation for years. The concept can be a little difficult to grasp, but it’s perhaps most clear when discussing automobiles, new cars in particular. Surely you’ve heard that when you drive your new car off the lot, […]
Read ArticleMLPs: Master Limited Partnerships or Making Little Profit?
Publicly traded partnerships—also known as Master Limited Partnerships or MLPs—represent an asset class with more than 100 names and over $500 billion in market cap. Their presence is undeniable, yet their form and function have accumulated a high degree of mystery in […]
Read ArticleGolf Gadgets and Financial Planning
It takes quite a bit of effort to understand the world of golf; it’s a hard thing to learn and it requires a never-ending journey to get better. The same could be said for financial planning… Like many amateur golfers, I watch a lot of late-night TV on the Golf Channel. I’m often convinced to […]
Read ArticleAn Out-Of-The Box Idea Helps Couple Retire
In this article, featured in The Wall Street Journal, our own Morgan H. Smith offers a husband and wife some out-the-box advice to help ensure their retirement. Click here to read the entire article–> Advisor Sends Couple On A Road Trip
Read ArticleThe Morgan Report 2014 Q3: Cult of Personality
People often look for the secrets in life: the secret to happiness, the secret to success, and of course, the secret to wealth. Throughout history, there has never been a shortage of experts claiming to have these secrets and there has never been a shortage of people willing to latch on to these gurus as […]
Read Article