The Scanlon Report

4 Things Every Investor Can Control

Investors can easily get distracted these days.  Hop in the car on the way to work, turn on the radio and get updates on the stock market futures. Check your online portfolio at work during your lunch break.  Perhaps you even check it several times a day when you should be working. Stop off after… Continue Reading: 4 Things Every Investor Can Control

May The Odds Be Ever In Your Favor

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA The Hunger Games was a bestselling novel that was subsequently made into a movie.  Both were awesome.  The setting is one where the Capital is abundant in riches.  The outlying 12 Districts are all living in poverty.  Every year there… Continue Reading: May The Odds Be Ever In Your Favor

6 Easy Ways to Navigate a Recession

Everyone ‘knows’ and is constantly talking about the next Recession, if we are not already in it already. What is a Recession? The textbook definition of a Recession is when the Gross Domestic Product (GDP) contracts for two straight quarters. For the first quarter of 2022 the GDP contracted 1.6 %, for the second quarter… Continue Reading: 6 Easy Ways to Navigate a Recession

Creative Destruction

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Creative Destruction was a term coined by Austrian Economist Joseph Schumpeter in 1942.  This term essentially describes the dismantling of current processes and procedures to make room for improved methodologies. An example of Creative Destruction is smart watches replacing wristwatches.… Continue Reading: Creative Destruction

“It’s Not About the Money”

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Don’t you just love it when a Major League athlete signs a huge contract with a new team and says, “It’s not about the money.” Bull Just to be clear: It’s always about the money! Don’t get me wrong I… Continue Reading: “It’s Not About the Money”

3 Ways My Daughter Financially Contributed to her College Education

This article on savings during retirement is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA My daughter attended the University of New Hampshire.  Here are 3 ways she contributed to her college education. 1) Stafford Loans She has taken out Stafford Loans.  She was able to borrow $5,500 her freshmen year… Continue Reading: 3 Ways My Daughter Financially Contributed to her College Education

Mad Max Was Wrong

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Mad Max 2 known as The Road Warrior was a 1981 movie that was the second installment of the Mad Max film series. The star and hero of the movie was Mel Gibson (remember him?) who played “Mad” Max. The… Continue Reading: Mad Max Was Wrong