It was 1940 when Maurice and Richard McDonald opened their fast food restaurant in San Bernardino, CA. Fifteen years later they’re doing great in their single-location restaurant when a funny thing happened. At age 52, all-purpose salesman Ray Kroc was selling the...
While teachers likely don’t read the Wall Street Journal, that newspaper does some very solid investigative reporting, and on October 2019 they reported on one such investigation around the high cost of many 403(b) retirement plans. Costs were sometimes much higher...
A few years ago I wrote a book on financial mastery for teachers at the request of a client of our firm that publishes textbooks and learning materials for teachers. One of the chapters dealt with wise use of 401(k) plans for retirement savings and investing, the...
After the announcement that Verizon was buying Yahoo (after selling off its landline business and buying out the minority owner of Verizon Wireless): “Any time a business stands still…and tries to just live on what you’ve done, you’re beginning...
Entrepreneurs often start companies that they know will need more capital than they can provide personally. So they at some point go looking for investors, and these days there are lots of individuals and investment funds willing to listen and consider buying a...
