Cash Reserves

Practical Reasons Why “You’re Gonna Need a Bigger Boat”

This is one of the all-time lines in the movies. Captain Quint, Police Chief Brody and Hooper are out looking for the Great White Shark in the movie Jaws. After the Great White attacks the Orca, Brody turns to Quint and says, “You’re gonna need a bigger boat.” What does this have to do with… Continue Reading: Practical Reasons Why “You’re Gonna Need a Bigger Boat”

3 Easy Reasons You Need a Financial Lifeboat Drill

1) It Has Been a Heck of a Run Many Average Joe’s have done well in the markets for an extended period. From the market low in 2009, the Standard & Poor’s 500 Index (S&P 500 Index) has averaged over a 14% annual return. Even if you do not use the starting point of the… Continue Reading: 3 Easy Reasons You Need a Financial Lifeboat Drill

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