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May 10, 2024

We get to choose.

“She is in a lot of pain,” he said. “On so many different drugs that she can’t eat and just doesn’t feel normal.” “When was she diagnosed? What happened?” I asked. “We were at this flea market, and she kept fainting. So, we went into the emergency room, and they saw the tumor. ‘Stage 4 colon cancer. But now it has moved into her liver,” he shared, starting to cry. Tim and Sue have been clients for a very long time. Good friends, great people. This is not supposed to happen to them. As we spoke more throughout the evening, there was a sense […]
May 3, 2024

Keep calling.

Have you ever called someone that you thought you had a good relationship with, only to not have them never return the call at all? Call after call. Months after months, they never call back or even respond. But finally, Joshua called me back. “Dude, where have you been?” I answered the phone when I saw his name on my caller ID. “I thought either I was getting fired or would have to pay a death claim!” “I am so sorry, Jeremy,” he said. “I know I’ve owed you a call for a while now.” I assured him that I […]
May 1, 2024

April 2024 Market & Economic Recap

  Stock Market Stocks fell on the last trading day of April to cap a losing month. The stock market’s three major indices performed as follows in April: S&P 500 -4.2% Nasdaq -4.4% The Dow -5% It was the Dow’s worst monthly slide since September 2022, while all three major indices ended five straight months of gains. Disappointing wage data and a new round of inflation fears capsized markets on the final day of April. But despite a brutal month for equities, the S&P 500 is still up more than 20% from its recent low as of October 2023. Of […]
April 26, 2024

Be a light for those who need it.

One week ago, a dear friend of mine‘s son attempted suicide. Incredibly sad. But I’m also incredibly thankful and fortunate that he didn’t succeed. In debriefing with one of our mutual friends on what happened, we began talking about all the pressure that these young people must feel. It must be even more as they’re just getting ready to start out in the world as young adults. Perhaps that pressure comes in the form of seeing the success of their parents and feeling, “How am I going to accomplish the same?” That hopelessness of inadequacy is probably even more pressing in […]
April 12, 2024

Friendship: More precious with age.

“There are three things that grow more precious with age; old wood to burn, old books to read, and old friends to enjoy.” – Henry Ford This week, I had the pleasure of seeing three of my old friends. While I don’t see them often enough, I truly value each of them and we definitely have history together. I’ve known each of them for more than 30 years. We all started in business together at different times and different places. But, somehow, these relationships haven’t changed. While distance has kept us apart, somehow, time has actually brought us even closer. I guess […]
April 5, 2024

You vs. You

The last couple of days, I’ve had the pleasure of playing in a golf tournament with a dear friend. Man, competition feels so good! Now, I am not good enough or skilled enough to win the event. But I love the feeling of just competing, trying to be my best, pushing myself, striving to win. And golf is such a beautiful game because it leads me to focus so intensely, in a way that I can only focus for short periods. As a society, in so many ways, we have forgotten that. In some ways we have adapted a “win at […]
April 1, 2024

March 2024 Market & Economic Recap

Stock Market Stocks rallied in the final hour of trading on March 28th, the last session of the month thanks to markets being closed for Good Friday, propelling the S&P 500 to an all-time high. For the month, the market’s three major indices performed as follows: Nasdaq 1.8% The Dow 2.1% S&P 500 3.1% March marked the fifth straight winning month for all three major averages. Recapping a glowing first quarter of 2024, the three major indices registered these gains for the three-month period: The Dow 5.6% Nasdaq 9.1% S&P 500 10.2% For the Nasdaq, it was the first record […]
March 29, 2024

Fear vs. Anxiety

I read something interesting in the Wall Street Journal a while ago: “The theologian Paul Tillich wrote about the difference between fear and anxiety. Fear is of something, you can name it and face it, and in the facing of it lift your own morale, show yourself what’s in you. Anxiety is amorphous; it doesn’t quite have an object, it’s a state. And so, it’s harder to shake and no empowering necessarily comes from it. A lot of people this year will have to break down a generalized anxiety into specific fears and deal with them courageously.” That clarity got […]
March 22, 2024

The High Road.

“We like you and we trust you,” Roger said to me. “It’s just so hard for us to let our advisor go,” Sally added. “He’s a friend. He knows us. But he has not taken good care of us, and he knows the way we feel.” “What would you do, Jeremy?” they asked. I thought about it for a moment. I empathized with them. They were in a truly difficult position – one we all find ourselves in at some time: a conflict between social convention and avoiding those uncomfortable conversations versus doing what is clearly best for us. And yet, the answer was […]
March 15, 2024

I’ve never lost a game…

Michael Jordan once said, “I’ve never lost a game, I just ran out of time.” I couldn’t agree more. Read that quote again if you need to. Take it in. You never lose – you just run out of time or in many cases, we give up. Choosing to stop reaching, striving, and fighting is the only way we can lose. At the end of last year and through the first four weeks of this year, it felt like I couldn’t get a deal done. Not one. It wasn’t necessarily that people were saying no; I think I was just telling […]
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