The 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 ArticleHow Baseball Prepared Me for Great Compliance by Brooks Morgan
My parents are wonderful people who I respect very much. They instilled values in me at an early age that I strive to live by day in and day out, but beyond everything they taught me, I have an inherent fear of consequences or more specifically, getting in trouble because of something I’ve done. This […]
Read ArticleThe Morgan Report 2014 Q2: Hunger Games
Several weeks ago, I decided to go without food for four days–a rejuvenating fast. The last time I did this was in my early 20s for Survival, Evasion, Resistance, and Escape (SERE) training in the Navy and it was not voluntary. I’ll reference Wikipedia, as much of the things taught were classified: “Most higher level […]
Read ArticleI’m Lonely! Lessons from a Former Solo Practitioner
Surely you’re familiar with the saying, “the grass is always greener on the other side.” When I started my career as a financial planner at a large firm, I quickly became disenchanted with all the bureaucracy; what seemed “greener” to me was setting up my own shop—so I didn’t have to deal with a boss, […]
Read ArticleHome is Where the Heart Is – and Your Tax Bill
It’s common today for people to cross state lines to go to work, to temporarily relocate to another state for work or medical treatment, or to have a second or even a third home. Unfortunately, what’s not uncommon is for all of these states to simultaneously lay claim to your income tax dollars. Residency and […]
Read Article