by Tom Wheelwright | Oct 18, 2009 | Wealth Strategy
I did it! Another triathlon completed. It was a beautiful fall day in the most beautiful place on earth, Lake Powell. There were about 300 athletes with lots of families there to cheer us on. The race got under way with the first wave of Olympic distance men at...
by Tom Wheelwright | Oct 15, 2009 | Wealth Strategy
Today I am off to Lake Powell where I will compete in the triathlon I have been training for on Saturday. A couple of comments about this. First, it's October 15th. Some of you may recognize that this is the final deadline for personal income tax returns. I am able to...
by Tom Wheelwright | Oct 13, 2009 | Wealth Strategy
The cover story on this week's TIME magazine covers a topic that I covered with Robert Kiyosaki two years ago in his Yahoo! Finance column. In that column, I wrote a “Why the Lottery is a Better Investment than a 401(k).” Robert and I were piloried by 750...
by Tom Wheelwright | Oct 8, 2009 | Wealth Strategy
Over the past couple of days, I have explained the downside of self discipline and my wife's argument for not depriving yourself of life's little luxuries. Now, I would like to present the other side of self discipline and even argue that you don't have to deprive...
by Tom Wheelwright | Oct 7, 2009 | Wealth Strategy
The argument my wife would use against self discipline is that it is essentially denial. Why give up what you enjoy today for the prospect of something tomorrow? Should I deny myself that donut so that I can have a thinner waist? Perhaps the question really is what...
by Tom Wheelwright | Oct 6, 2009 | Wealth Strategy
My wife, Rosie, grew up as the youngest child of a family of eight children. Her father was a shift worker at Standard Oil. Her mother stayed home to raise the kids. They never had much money. It seemed there was never enough food, so you had to be quick to get what...
by Tom Wheelwright | Oct 2, 2009 | Wealth Strategy
Late last night I learned that a friend of mine passed away. Apparently, he had a heart attack. In his late 40's, he left a wonderful wife and six amazing children. He was a fine, fine man and a terrific father, husband and friend to everyone he met. Everyone liked...
by Tom Wheelwright | Aug 17, 2009 | Wealth Strategy
One of the most common questions I am asked is how to find the various advisors and other team members for your Wealth Team. The next question I get is, once you have been referred to a potential team member, what questions do you ask to be sure they know what they...
by Tom Wheelwright | Aug 3, 2009 | Tax Strategy
I recently received this note from a customer: “I need to start my legitimate business to be able to write off my leisure (golf, travel). I now am better educated than my tax preparer….scary.” Is this really possible? Unfortunately, the answer is...
by Tom Wheelwright | Jul 30, 2009 | Wealth Strategy
About 2 years ago, I received a call from Robert Kiyosaki, author of the bestselling book, Rich Dad Poor Dad. Robert asked if I would contribute to a book he was writing about real estate. Of course, I jumped at this offer. The result of my two chapters plus those of...
