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Can you be too careful with money?

Dr. John Nestor was a cautious man. So cautious that the FDA transferred him out of his position as medical officer in the cardio-renal-pulmonary division because he didn’t approve a single new drug in more than four years. His careful disposition blinded him to the risks patient’s faced when new medications weren’t available. In 1984, […]

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Use a Telescope, Not a Microscope, When Watching the Stock Market

If you are saving for a distant retirement, it is crucial that you focus on the long-term.  The market will have gyrations that appear catastrophic today, but mean very little by the time retirement nears. Take this Dow Jones Industrial chart from the 1987 crash known as Black Monday, which included the single worst day […]

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Profile of a Legend: Dean Smith

They say everything is connected, and perhaps it’s true. James Naismith invented basketball in 1891 and founded the University of Kansas basketball program. While there, he coached Phog Allen, who later took over the legendary Kansas program and won the 1952 NCAA Tournament with none other than Dean Smith playing on the team. Smith later […]

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The New Tax Plan Makes it Smart to Pay Off Your Mortgage

Embracing change is a big part of being successful, and the new tax plan will likely change many of the financial rules we’ve come to accept. For example, you’ve probably heard that your mortgage is a “good” debt and it’s best not to pay it off early. It’s time to ditch that rule of thumb. […]

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John Wooden’s First Year Coaching Did Not Go Well

Sometimes the story behind a person only makes their accomplishments more amazing. Like with John Wooden. In 2009, he was named the greatest coach in American sports history, ahead of legends Vince Lombardi and Bear Bryant. And yet Wooden’s father taught him to “never try to be better than someone else.” When receiving the award, […]

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Wisdom You Can Take To The Goal Line

Over on social channels, we’re celebrating Super Bowl LII with wisdom from some of football’s legendary coaches. Be sure to check out the #SuperBowlWeekQuotes hashtag by following us on Twitter, LinkedIn, and Facebook. A great coach understands the impact their words can have on people. These coaches are respected because they taught their players how to win, but […]

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Less Than 5 Years From Retirement? Here’s What You Need To Do

I wonder if there’s a correlation here: according to an Allstate/National Journal poll, 64% of workers expect to retire by age 70, and according to a study performed by LinkedIn, 63% of professionals use to-do lists. Does this mean to-do lists help you retire on time? The correlation is likely a coincidence, but I believe […]

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Increase Your Charitable Impact Without Giving a Penny More

I recently donated $10 to my child’s nature preschool to help them acquire two donkeys.  It was a small gift, but I guess you could say I am an ass-et to their program. Puns aside, I now regret this donation. Before you start wondering what type of black heart I have for regretting a measly […]

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Money Really Does Buy Happiness Just Not How You Think

Can money buy happiness?  We’ve come to universally accept that it can’t, but that is untrue. Money can buy happiness; you just have to know how to spend it. “The truth is a lot easier to see when you stop assuming you already have it.”  Michael Norton, the Director of Research at Harvard Business School, […]

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