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Blog Posts

  • target

    What We Can Learn From Target

    January 8, 2014
    For spring break last year I chartered a fishing boat in Florida since the kids had never done that before. When we got back to the dock and it was time to pay the captain, he whipped out his cell phone and swiped my credit card. At that moment, I ...
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  • snowstorm

    Tapering and Snow Storms

    December 16, 2013
    When you live in Minnesota, there are some months when you know that snowfall will cause commuting inconveniences. If you knew the timing of the snow fall three weeks in advance, it might be possible to schedule your day so that you worked from home. The much debated ‘Fed taper’ presents ...
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  • Thanksgiving

    A Merger, a Surgery and a Family Gathering

    December 11, 2013
    On Monday, November 25, we announced that TruNorth and BGM Wealth Management would merge into BGM TruNorth Wealth Partners LLC effective December 2, 2013. The next day, I had successful back surgery to fix a ruptured disk. Two days later, my wife and I hosted a Thanksgiving gathering of 11 ...
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  • charitable-gift

    Speed Up Your Charitable Gifting

    December 4, 2013
    In December, many people focus on how much to give to charity. Instead of approaching the topic from the standpoint of how much to give just this year, however, it might be time to speed up your giving program. With tax brackets rising this year, your charitable gifts can help ...
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  • books

    The Gift of Knowledge: Eight Holiday Reads

    December 3, 2013
    I tease my siblings that the holidays have turned into a gift card extravaganza. It is hard to buy gifts for people who already have everything they need. But there is still one thing you can get that special person—the gift of knowledge. I have read a lot of books ...
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  • car

    Play a Game of Would You Rather

    November 19, 2013
    Assuming you needed a new car, the best time to buy one in the last decade would have been 2008 through 2010. When the economy was in horrible condition, buyers of cars got great deals. Now that the economy is in a slow but recovering mode, it is time to ...
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  • taxes

    Tax Drag on Retirement

    November 12, 2013
    The gross return of your portfolio doesn’t matter. It is what you keep that matters. Subtracting fees and taxes from your gross return is a necessary step before you start thinking about how much of your money you can actually spend in retirement. This means that it is smart to ...
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