You know that giving employees the Right to Work makes a big difference. Companies that can negotiate one-on-one with employees can invest in the most promising talents, and remove anyone trying to get a free ride. Giving employees the Right to Work kills the disease of forced unionism. It's possible no state has done a better job of capitalizing on its reputation as free from Big Labor's negative influences than South Carolina. Just take a look: Right to Work South Carolina is Flooded in Jobs Where to Live to Make a Living? Try this Southern Gem The Workers of Boeing in SC … [Read more...]
Survival Guy Greetings from Key West at Sunset
Your Survival Guy is just getting by down here in beautiful Key West. This sunset pic above is from high above Louie’s Backyard last night where Becky and I had a chance to reflect on life for a while. Because it’s times like these you need to take some time for YOU. You need to take a step back. Take a deep breath. Look out into the ocean and figure out how YOU are going to keep moving forward. It’s too easy to dwell on what’s wrong. It’s unhealthy to be stuck inside your brain. Instead, I want you to be thankful for what is RIGHT in your life. Today, I want you to make time for you. … [Read more...]
John Mackey’s Simple Message: Elevate Humanity Through Business
Whole Foods CEO John Mackey wants the world to know that capitalism is the “greatest thing humanity’s ever done.” Capitalism has raised more of the world out of poverty than all other systems of economic organization combined. Mackey is now selling his book, in which he makes the case for capitalism by changing the narrative of capitalism to "show that it’s about creating shared value, not for the few but for everyone.” The book is called Conscious Leadership: Elevating Humanity Through Business. The Editorial Board at the Wall Street Journal writes of Mr. Mackey: Mr. Mackey offered … [Read more...]
Forced Unionism Is the Sickness, the Right to Work Is the Cure
In states where employees are forced by government to join unions, the dignity of citizens takes a backseat to power. Union bosses crave the money and power they derive from subjugating their forced members, and politicians enjoy the benefits of catering to the bosses by reaping campaign donations. With backing from their bought-and-paid-for politicians, union bosses believe they can act with impunity. An example of that behavior comes out of the International Association of Fire Fighters, where union bosses siphoned off pension money to their own accounts. The National Right to Work Committee … [Read more...]
The Man Behind Milton Friedman’s Classic Free to Choose TV Series
Milton Friedman's Free to Choose TV series is, perhaps, the best explanation of the value of free and open economies. Friedman explains the concept of open markets and freedom in a way that every man and woman can relate to. But behind Friedman's appearance was a brave TV station manager from Eire, PA named Bob Chitester. Chitester put Friedman on the air and caused a phenomenon. William McGurn tells the story in The Wall Street Journal: In the era of Bernie Sanders and Alexandria Ocasio-Cortez, champions of the free-market capitalism may feel beleaguered. Those of a certain age thought … [Read more...]
Is Your Cash Safe? Probably not This Safe
How well are you securing your cash and valuables? Do you have a safe at home? A safe is an obvious choice for convenience, but unless you have serious security, you wouldn't want to leave major wealth sitting unattended while you're at the office or on vacation. You need a better option. The most obvious choice for most is a safe deposit box. That is the route an increasing number of the world's wealthiest are taking. Disasters like the wildfires and hurricanes that have hit the United States in recent years have made securing wealth an urgent endeavor in the minds of many. Benjamin … [Read more...]
Why I Work for You, and Not the Other Way Around
If you’re a client, you know you matter. We have a relationship. We talk about our families. You matter. In an industry where mega-investment-firms are acquiring medium-sized firms, what tends to get lost in the churn is you, the client—the one making it all work. Integration of your needs into a bigger firm’s desires is like a chicken processing plant, where there’s not much to talk about afterward because the relationship died long ago, and you’re there for the pickin’. Bringing in a new client takes time. It shouldn’t happen with a takeover deal. It takes care. It takes several … [Read more...]
How to Hire Investment Counsel: This is the Way
Real quick. You’re interested in hiring a financial advisor—one who’s held to a fiduciary standard by law, not some silly suitability one. You know you need help, but you just can’t make it happen because there’s resistance: No time, no real interest in digging into it, or you don’t know enough to explain to a loved one why you need it. “We’re fine, aren’t we?” She might ask. OK, here are summaries of two calls I had yesterday with prospective clients that will help you gain some perspective. The first one was with a prospective client whom was referred to me by a client I’ve been … [Read more...]
Be a Shepherd. You’ll Be Happier. Greed Kills
I was talking with a client yesterday. He emailed me earlier in the afternoon. The subject line read “New Customer.” His neighbor recently retired. She has a lot of company stock. She asked him what he’s doing with his money. She was intrigued by the “Armadillo” approach. I’ll let you know how our talk goes. Until then, I want to share with you the rest of my conversation. I’m so impressed with my client. He’s built his business over many years of hard work by taking small steps. Being in technology, he’s benefitted significantly from COVID. But he was ready for it. He was preparing all of … [Read more...]
Lumber Prices Soar
Normally in late autumn lumber prices are falling like the leaves, but it's 2020, and lumber price activity is just as crazy as everything else. Instead of dropping, prices for lumber are climbing. Ryan Dezember reports for The Wall Street Journal: Lumber futures have shot up 24% so far in November, closing Thursday at $616.90 per thousand board feet. That’s a lot lower than the record $1,000 hit this summer during America’s pandemic-induced lumber binge. But it is nearly 90% more than the typical price for boards delivered in January. “By any historical standards, this is just incredibly … [Read more...]
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