Estate Planning

I like math. It's pure and definite; the answers are indisputable. In junior high and high school, I had spirited conversations with my English teachers because our interpretation of events differed considerably. It was my opinion against theirs, and they frequently won because they were grading my papers. However, I always felt a little cheated because if they didn't like my topic or handwriting, they'd knock me down a notch or two.

It's been five years since I started my investment firm, Parrott Wealth Management, and, so far, so good. At age 50, I was tired of working for others, so I acted on faith and started my own company.

According to the recent Quinnipiac poll, Joe Biden is leading Donald Trump by 15 points – 52% to 37%.[1]

My bible study group has been meeting virtually for the past few weeks because of the Coronavirus, and last night we prayed for twenty-five people from a list (see below) that has been circulating on social media. We incorporated it into our meeting, and it was powerful.

The end of the year is quickly approaching, and what a year it’s been. The S&P 500 is up more than 25%, and unemployment is near historic lows. It’s been a great year to make some money and do some good.

November is the beginning of the giving season. From now until the end of the year, charities and non-profits will receive much-needed dollars to help fund their mission. For several organizations, the money they receive in the next few weeks will subsidize most of their annual budget. Individuals typically wait until the end of the year before they give because they don’t have a giving or philanthropic plan.

There’s no faster way to clear a room or make people feel uncomfortable than to talk about sex, politics, or religion. These subjects are taboo to most, and they offer no middle ground. They’re polarizing topics, and in a non-politically correct world, they’re guaranteed to upset at least half of the people in your network. However, an issue more forbidden than the big three is money.