First it was the looming shortage in U.S. corn supplies; now we have a global pork supply problem. Pork supplies are expected to drop by the largest percentage ever. The record-breaking drop in global pork production will mean a massive shortfall of meat.
Working, whether paid or unpaid, is good for our health and wellbeing. It contributes to our happiness, helps us to build confidence and self-esteem, and rewards us financially. Retirement, which is expected to be a rewarding time in a person’s life, can actually be a threat to one’s happiness rather than the opportunity it is meant to be.
In our modern, litigious society, there are certain typical problems which, if not properly planned and prepared for, can cause you to lose the entirety of your savings, investments, home and/or business. The result of such a loss would create a great burden for you and those that depend on you. Asset protection is an antidote for such problems.
Self-motivated people are often the driving force in the success of a business, and nowhere more than in a small business. Frequently, just one or two talented individuals that possess education, knowledge and/or skills that other employees do not have are the biggest difference makers in the success of the operation.
It is no secret that investment dollars have been shifting from actively managed investments to passively managed investments. There’s one number that explains a good portion of this phenomena: 7.23%. The compounded annual growth rate (CAGR) of the S&P 500 has been over the last 15 years ending in 2019 has been a paltry 7.23% per year.
Financial Planning is incredibly important for your future. In fact, it can be just as important as eating healthy and exercising. Unfortunately, the average American never engages in the financial planning process. People are now planning even less than they did in the past, and financial independence has decreased along with it.