You hear it all the time: diversification is important. It even shows up in colloquialisms like “Don’t put all of your eggs in one basket.” The term is used so much it has almost lost much of its meaning or impact. Diversification is referenced so frequently for a reason: it works!...
If you receive most of your compensation in the form of company stock, you have both a golden opportunity, and one that’s easy to squander. If managed thoughtfully and responsibly, however, concentrated, company stock can place you on a clear pathway to financial independence. Major Pitfalls to Avoid: Inertia – This is...
Consider a 10b5-1 Plan. Here's why. In the casino game roulette, gamblers bet on where a ball will land on a spinning wheel with numbered slots. Players may choose to place bets on either a single number or a range of numbers, red or black, or if the number is...
Employee stock options can be a great way to achieve substantial wealth. The difficulty is it can disappear quickly if not addressed properly. Something that has really dawned on me after helping executives with these decisions over many market cycles, is that option wealth is usually a once...
It dawned on me recently that not everyone understands what a "wealth creator" is--and why I decided to focus this blog on this group of readers. The New Year, while we're all thinking about the road ahead, offers a great opportunity to explain. What is a wealth creator? Merriam-Webster doesn't have a definition...