The Master’s Minute

Helpful Tools and Tips

The Master’s Minute – Cash Savings Options Overview

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From 2022 to 2023, the Federal Reserve raised interest rates 11 times, moving short-term interest rate targets from a low of 0%-0.25% to their current level of 5.25%-5.50%. This change provides an opportunity to evaluate if your cash savings are positioned to take advantage of these rate increases. The approach to choosing the right place to park your savings is not a one-size-fits-all solution. Here is a comparison of cash savings options… Read More

The Master’s Minute – Beat the Heat with Great Customer Service

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Several evenings ago, Colleen and I took our Mustang GT convertible out for a drive & stopped for a quick dinner on a local restaurant’s patio. It was a very warm June evening, but we cruised for a bit more before returning home. Walking through the door into our house, we were met by a refreshing blast of air conditioning that just felt wonderful! The a/c was working perfectly, and… Read More

The Master’s Minute – In Your Corner

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We have all sought out our circle of friends and family when it comes to advice, from restaurant choices to vacation destinations, and bigger things like when to retire. These are the folks we consider to be ‘in our corner.’ This group builds you up, cheers you on, holds you accountable, and adds value to your life. They invest their time in you, challenge you to be the best version… Read More

The Master’s Minute – What Are Your Benchmarks?

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In the investing world, it is typical for an investment manager to have their performance compared to a benchmark. A benchmark serves as a neutral measuring stick for potential investors to compare the success or failure of that investment manager. If the manager has worse returns than the benchmark, a conclusion is drawn that they have ‘underperformed”, while if they have better returns, the conclusion is that they have ‘outperformed’…. Read More

The Master’s Minute – Angels in Our Midst

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I first met Chaplain Elizabeth at Lancaster General Hospital three years ago. She had left numerous voice messages for me about an accident in which my cousin and her husband had been involved. Having never been to LGH’s Emergency Department, I prayed heartily to God on the drive to the hospital that He would lead me to the right place. Not able to find a parking space near Emergency, I… Read More

The Master’s Minute – Heart Auditing

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Most individuals do not get a warm feeling when they hear the term, audit. Typically, an audit means a lot of tedious work, and it can produce significant anxiety should any large discrepancies be found. Though an audit can cause some anxious moments, there is also a lot of good that can come from performing an audit. Performing audits in a retail business will help achieve higher inventory accuracy and… Read More

The Master’s Minute – We Got a Freebie

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On March 23rd, 2020, the Dow Jones Industrial average reached its lowest position since November of 2016. From that point until the date of this writing, the index is up 58% and is sitting at its all-time high. Technically, this year will go in the books as a recession for the markets, but as I heard another advisor put it, we got a ‘freebie’ in terms of market corrections. We… Read More

The Master’s Minute – Turning the Page on 2020

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This week we close the book on 2020 and look forward to the beginning of 2021! For many it may seem like a more significant event this year than it was in previous years. I have two specific wishes for all of us as we transition into a new year. These are not typical New Year’s resolutions, so allow me to explain. Let’s go back 15 or 16 years. I… Read More

The Master’s Minute – Behold

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When I was in college, I participated in a mission trip to Nicaragua. While in Nicaragua, our team was primarily responsible for preparing the foundation of a new church building. That trip challenged me in many ways, and I had many great experiences during my time there. One of these special experiences was a trip to the Corn Islands, just off Nicaragua’s eastern coast in the Caribbean Sea. While visiting… Read More