Accountable Update

Evidence or Eloquence? Pursuing a Better Investment Experience

In most relationships, we tend to share beliefs, interests, and world views with our partners.

Democrat or Republican?
Religious or Secular?
Cat or Dog?
Beach or Mountains?
Cowboys or Texans?

Fortunately, in financial advice and planning relationships, we work with clients that have diverse opinions. While we may prefer different political candidates, sports teams, etc., the role of rules and math in the planning and investment process allows for a détente from most of the world’s divisions. But it is the answer to an unasked question that can largely determine if a prospective client may be a fit for ATX Portfolio Advisors.

Evidence or Eloquence?

7 Lessons and an Answer Key for New Graduates

You’ve probably seen the news about Austin billionaire, Robert F. Smith, offering to payoff the college debts of the Morehouse College class of 2019. I greatly admire the successful founder and CEO of Vista Equity Partners for his gesture to wipe out up to $40 million in student loans with his own money.

As I read the story, a note about one of the recipients, a 22-year-old finance major, reminded me of a Mark Twain quote, “Good decisions come from experience. Experience comes from making bad decisions.”