• Adams Financial Concepts,  COVID-19,  Current Events,  Financial Planning,  Mile High View

    Change Is Difficult

    The question is this: does the value you are receiving now justify staying put. After all, change is usually difficult. Have you really evaluated what value you are receiving right now? Do you remember Harry Truman: not President Truman, but Harry Randall Truman? Harry Truman lived on the south end of Spirit Lake at the base of Mount St. Helens. He had owned and operated a recreation and fishing lodge for decades. He called the mountain his friend and claimed a deep relationship with it. He had watched the puffs of ash and had become an expert in the earthquakes. Those tremors had become more frequent in 1979 and 1980.…

  • Adams Financial Concepts,  Financial Planning,  Return on Investment,  The Investment Industry

    The Amazing Power of Compound Interest

    Albert Einstein called it the Eighth Wonder of the World. He elaborated saying: “He who understands it, earns it; he who doesn’t, pays it.” Einstein was referring to compound interest. A little bit makes a big difference. You wouldn’t think the difference between 5% and 10% over 25 years would be that much, but if you invest $100,000 at 5% for 25 years you will have a nice, tidy sum of $ 338,635. Doesn’t that sound pretty nice? Most financial plans are geared for that type of return. But what would it be if that $100,000 grew at 10% over those 25 years? Before you read on, take a guess…

  • 401ks,  Adams Financial Concepts,  COVID-19,  Current Events,  Financial Planning,  Return on Investment,  The Investment Industry

    Are You Ready?

    Did you know the standard railroad gauge in the U.S. is 4 feet 8 ½ inches? Do you know why it is such an odd measure? Railroads in the United States were built by British expatriates who designed them the same way that rail lines were built in England. Engineers in Britain based the width of their railroads on the spacing of tramways which had preceded railroads. They built the trams with the same jigs and tools used for building wagons. The wagons were built to that width so they would fit the road ruts in medieval England which were based on road ruts in Imperial Rome, which were in…

  • Adams Financial Concepts,  COVID-19,  Current Events,  Super Cycle,  The Investment Industry

    WHAT TO KNOW ABOUT THIS MARKET SELLOFF

    “History doesn’t repeat itself, but it often rhymes”. I believe there are lessons to be learned from a previous time when the market, during a good economic time, plunged to the worst down day percentagewise in market history. It was the first time that the market plunge spread internationally to the world’s stock markets. There are lessons to be learned from Black Monday back on October 19, 1987. On that day, the market plunged down over 22%! Black Monday is remembered as the worst market drop in history, but it was October 20, 1987 that had the potential to collapse the entire financial system. There is an old saying: “for…