Financial Advice From Led Zeppelin

Led Zeppelin

By Happybeatle2 (Own work) [CC BY-SA 4.0], via Wikimedia Commons

For those of you that aren’t a music nut like me, you may not be aware that the band Led Zeppelin is in court right now defending their song, Stairway to Heaven.

Stairway to Heaven was released in November, 1971. And four years prior, in 1968, a song called Taurus was released by a little-known band called Spirit.

Spirit claims that Led Zeppelin’s Stairway to Heaven blatantly copied their song, Taurus.

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Investment Hall of Shame Inductee

money pink piggy bank coinsI’ve shared with you before some of the ridiculously complex and expensive investments I find lurking in the portfolios of women that are referred to me.

Most often, these involve an annuity or other insurance-based investment product. And over the years, I’ve seen some investments that range from making me cringe to making me downright angry.

You see, I’ve yet to encounter a situation where a client has gone to their broker or advisor and asked for an expensive, complex investment product. Nope, this garbage is most often sold to people; not purchased by them. There is a not-so-subtle difference.

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Up Your Investing Game

sun-ball-tennis-courtI watched the 2016 French Open men’s final, and it was clear that Djokovic was the better player on Sunday.

I was pulling for Murray.

Each player made some amazing shots, but as the match wore on, it seemed – based on my amateur analysis – that Djokovic was making fewer errors.

In the game of tennis, there are shots referred to as “winners.” These shots are typically out of the reach of your opponent or can’t be returned. If you hit a winner, you win a point.

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How to Plan in the Face of an Uncertain Future

Uncertain Future

You’re a woman whose life has just been turned upside down. It might have been divorce. Or the death of your spouse. Or another major change in your life.

You’re reeling and dealing with a potent mix of emotions that can change from one moment to the next. As a result, you’re doing your best to just take that next breath and deal with life moment-by-moment.

It’s overwhelming for you to think about what you might find yourself doing the day after tomorrow. Thinking in years just isn’t something you’re capable of right now. (more…)

Dances with Wolves

Dances with Wolves

There is an old Cherokee Indian legend often referred to as “Two Wolves.”

In the story, a grandmother is teaching her young granddaughter about life:

“A fight is going on inside me,” she said to the girl.“

It is a terrible fight and it is between two wolves. One is evil – she is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego.” She continued, “The other is good – she is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion, and faith. The same fight is going on inside you – and inside every other person, too.”

The granddaughter thought about it for a minute and then asked her grandmother, “Which wolf will win?”

The old Cherokee simply replied, “The one you feed.”

In my work with women who are dealing with divorce, widowhood and other major life transitions, I see this “dances with wolves” play out time and time again. (more…)