Entries by Dennis Morton

Succession of The Indispensable One

This is about Succession.  Succession in your family, your business, or anywhere else where you have become the indispensable person. The one whom everyone depends upon. LEADERSHIP SUCCESSION I witnessed succession last week as a dear friend assumed command of the 11th Air Defense Artillery Brigade at Ft. Bliss in El Paso, Texas. The 11th […]

Nobody Buys That Stock Anymore. It’s Too Popular!

You are going to meet your financial advisor and just saw that Apple released a new iPhone and the stock has jumped.  You make a note to ask your advisor two things: – How can I improve my returns? – Shouldn’t I just buy more Apple? Both questions reflect normal temptations.  The desire to do […]

15 Minutes of Fame

The competition for popularity, attention, and eyeballs is a way of life in the public sphere and always has been. The advent of personal branding has only put the “look at me” phenomenon on steroids. It has never been easier for a meteoric rise to take place in pop culture, politics, or business considering how […]

The Zeal of a Convert: My Origin Story

Earlier this year, in his weekend “Intelligent Investor” column in the Wall Street Journal, Jason Zweig wrote a memorial tribute to Jack Bogle, founder of the Vanguard Group, that compared him to St. Paul, the early Christian missionary. When Zweig wrote that Bogle “blazed with the zeal of the convert” the words jumped off of […]

Social Security Timing

We’re All Doing It Wrong A study was released that found that 96% of Americans choose the wrong time to start their Social Security benefits. With the option to begin guaranteed payments as early as 62, more retirees are electing this premature option than should, according to the study.  If someone elects to wait until […]

Money Conversations in Marriage

It is wedding season and couples are in the mindset of new possibilities and building on what they already know about each other’s hopes and dreams. As they progress toward common goals, every couple has a unique way of working together. They develop a language and a rhythm unique to them. Through dating, we develop […]

A Measure of Risk

There are two ways to measure how well you are doing in your investment account:  In percentages or in dollars.  Which feels worse: “I am down 5%” or “I am down $50,000”? For a $1,000,000 portfolio those are one and the same, but it is much more frequent that I hear down moves described in […]

June Market Note- Managing Expectations

In the last month, stock markets around the world have been adjusting expectations.  Expectations about the future are important because often it is not a matter of economies being good or bad that drives shares higher. Of greater concern is whether the economy is getting better or worse.  The U.S. economy growing at 2% instead […]

Who Needs a Plan? We Do. You Do.

It is a fair question to ask your financial advisor if he or she “eats their own cooking.” In other words, do they invest in the same way that they advise their clients to invest? If so, it shows that they have strong enough beliefs about investing to follow their own advice. That would be […]