Last week, my ten-year-old son and I had a chance encounter with the commissioner of the Boston Police Department. After saying hello, he bent down and offered my son this advice: “Stay in school,” he said, “and listen to your parents.” Oftentimes, the recipe for success is just that simple. When [...]
Three questions
Not long ago, I ran into my friend Martin, who works as a cardiologist at a local hospital. In the course of our conversation, I commented on the construction equipment outside his facility and asked what they were building. His answer surprised me: “Building? No, they're actually un-building.” He [...]
Numbers worth your attention
A while back, I remember speaking with an industry colleague about a company that had been in the news. He told me that he liked the company's stock and that, in fact, he had bought it for the mutual fund that he managed. Then he added, parenthetically, “I owned it, then I sold it, then I bought it [...]
Using the new tax law to your advantage
Perhaps you've heard the expression “there is no free lunch.” The idea is that you shouldn't be able to receive something for nothing. Whether it is with money or with your time and labor, you must always “pay” for something one way or another. That's an interesting concept, but whoever invented it [...]
Advice I hope you never need
I don't mean to be a fearmonger, but today I would like to take some time to make sure you are aware of a new type of financial fraud that in recent years has been on the rise. This new fraud involves the theft of tax refunds. Here's how it works: First, an identify thief starts with a few basic [...]
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