Palm Beach Research Group

The force behind the Great Recession is back… behind the wheel

Jan 5, 2015
Automobiles are causing the biggest boom in subprime lending since the 2008 financial crisis… The New York Times reports “subprime” lending—loans made to individuals with higher risk of defaulting on their repayment—now accounts for almost one-third of all car purchases. Even worse, subprime lending’s fastest growth is in “title loans”—short-term loans that use cars as […]

How to Get a Little Bit Richer Every Day

Jan 2, 2015

Of the hundreds of wealth-building strategies I have tried over the years, the best one was also the simplest....

Grow Your Wealth for Decades Without a Single Losing Year

Jan 1, 2015

Maybe I’m lucky. Or maybe it’s just common sense. I’ve been involved in the investment advisory business for 30...

You CAN Live a Rich Life While Building Wealth

Dec 31, 2014

I grew up relatively poor, the second of eight children. My father earned $12,000 a year as a college...

The Cost of Possession: Introducing a New Concept in Financial Planning

Dec 30, 2014

In the mid-1980s, a few years after I “decided to be rich,” I bought my dream house. It was...

Why I Wasn’t “Loyal” to My Broker

Dec 29, 2014

Some time ago, I discovered—very much to my surprise—that my broker at Raymond James was “no longer with the...

Three Qualities to Look for Before You Go Into Business With Anyone

Dec 26, 2014

I am not a spendthrift. But I’m not a cheapskate, either. I know people who are not happy in...