“Consider two degenerate gamblers flipping a quarter for $100 per flip. One of the gamblers has heads and the other has tails for the duration…
Read More
The Benchmark Fallacy
Mitigating Damage without Placing a Trade
“We will all feel pain in the next recession or stock market drop, but what can we do now to mitigate the damage?” – Pure…
Read More
What’s Your Silver Lining?
The days blend together. I feel like Bill Murray in the movie Groundhog Day. I’m working at my makeshift office at the end of the…
Read More
What Does the SECURE Act Mean for You?
On December 20th, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, effective January 1, 2020,…
Read More
Pure Portfolios 2020 Client Letter
It seems like yesterday that we left the corporate suits behind to launch Pure Portfolios. We are forever grateful to the clients that took the…
Read More
Portfolio Lay-Ups for Year-End
“Some taxpayers close their eyes, some stop their ears, some shut their mouths, but all pay through the nose.” – Evan Esar, American Humorist Thanksgiving…
Read More
What’s Your Different Kind of Wealth?
“That man is richest whose pleasures are cheapest.” – Henry David Thoreau Most people associate wealth with large bank accounts, extravagant homes, and luxury cars….
Read More
What is the Impact of Retiring in a High-Income Tax State?
Much goes into crafting a detailed retirement plan. We account for income, expenses, unexpected healthcare events, annual home maintenance, travel, etc. A good plan gets…
Read More
How I’m Personally Invested
I give people advice about what to do with their money. Therefore, you have a right to know how I personally invest, and my attitude…
Read More