Noble Wealth Partners turned 6 years old last week, celebrating our birthday on September 24th.  It has been an incredible ride, with plenty of ups and a lot of downs along the way.  Thankfully, more ups than downs.  Starting a business is no easy task, but it is unbelievably rewarding.

have a secret for you. Successful investing doesn’t require you to beat the stock market.

Does that make sense? When we invest money for our clients, the goal is NEVER to simply beat the market. I’m sure that may sound counterintuitive to most, but it’s an endeavor that is nearly impossible. More importantly, it’s not necessary.

As corny as it sounds, real investing is like collecting stamps (or baseball cards, or whiskey, or fine art). Just keep buying a lot of the things that are cool, unique, and valuable and hang on to them. Buying a stock is simply buying into a profitable (hopefully) business. You are becoming a part owner of that business, no matter how small the unit of measurement.

Spend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will…

Spend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will accomplish absolutely nothing at best. At worst, you will go bankrupt.

Charlie Munger died this week.  He was 99 years old and just a little over a month away from the big 100.  He had planned a huge party for New Year’s Eve, his birthday happily landing on January 1st.  Sadly, that party will never come.

Some of you likely have no idea who Charlie Munger was. 

Everyone is unhappy again.  No surprise, I suppose.  This is the world we live in.  Last year, it was inflation.  This year, not coincidentally, it’s interest rates. The medicine, unfortunately, can sometimes cause just as many problems as the ailment.

Something as big and complex as the United States…

I love spending time with my father-in-law for a lot of reasons, not the least of which being his generosity with his time, knowledge, and wisdom.  In my conversations with him this week (in between him taking care of all the boats and the new fishermen in the family), he reminded me of one incredibly important fact with regards to personal finance…

As of this writing, the White House and Congress have come to an agreement to lift the debt ceiling until 2025, which will be the 78th time it has been lifted since enacted in 1960. Congress has approved the new bill, ironically called the Fiscal Responsibility Act…

We spend a lot of time in this space and with our clients describing the concept of “risk.” Nevertheless, it needs to be revisited constantly.

A few weeks ago, the financial world seemed to be unraveling faster than an old sweater. Silicon Valley Bank (SIVB)...