Pitzl Financial Named Among Top 9 Best Financial Advisors in Twin Cities
We are honored to be recognized as one of the Top 9 Best Financial Advisory firms in the Twin Cities! The commentary below is the review originally posted at AdvisoryHQ.com: “All of our review and ranking articles are always 100% independently researched and written. Firms do not pay for their ranking or our award emblem. […]
The Problem with New Years Resolutions
As a client of Pitzl Financial, you have likely heard us reframe the modern concept of “Wealth.” While most people today associate the word with being materially rich, the origins of the word can be traced to Middle English, when it meant “the condition of well-being or happiness.” As we entered the New Year, our […]
The Life Changing Power of Expert Advice
Like most eighth-grade boys, I thought I had it all figured out. I was proudly “self-taught” and didn’t need anyone to tell me what to do, especially when it came to my golf game. My mother knew better, however. Behind my back, she scheduled a lesson for me with Troy Wright, a local golf instructor. Reluctantly, […]
How U.S. Open Winners and Successful Investors Manage Their Risks
Back in 2006, during the U.S. Open’s final day of play, Phil Mickelson stood on the 18th tee at Winged Foot Golf Club with a one-stroke lead over Geoff Ogilvy, giving him an opportunity to capture his first victory in that prestigious tournament. After a wayward tee shot, Phil, who is known for his risky […]
The Easiest Way to Reduce Financial Stress and Drop Your Handicap
Last year Rory McIlroy finished in the top 10 in 12 of 17 events and won 2 Major Championships establishing himself as a legend in the making. Those who have had the privilege of watching Rory play in person notice what an incredible ball striker he is and immediately fall in love with the distinct […]
The Art of Winning Ugly in Golf and Finance
“Good golfers, I think, have to get over the notion that they only want to win by hitting perfect shots. They have to learn to enjoy winning ugly. And that entails acceptance of all the shots they hit, not just the good ones.” – Bob Rotella, “Golf is Not a Game of Perfect” I am unable […]
This Holiday Season, Ignore the Relatives
‘Tis the season to gather and celebrate with friends and family. Each year, old traditions are remembered and new traditions are made. We reconnect with the family members we see frequently and long-lost relatives alike. Reliability has become an evasive quality in today’s busy world. In the craziness and uncertainty of our day-to-day lives, we […]
Approximately Right vs. Precisely Wrong in Financial Planning
The second president of the United States, John Adams, made a prediction years ago in a letter to his wife: “The second day of July, 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival…It […]
All Wealth is Relative
A recent article on CNN Money cited that “a whopping 70% of those with at least $1 million in assets that are invested or available to invest, excluding home values, don’t consider themselves to be wealthy…it’s only when they hit the $5 million mark that millionaires begin to feel ‘wealthy.’” I would submit that our feelings of wealth are […]
The Margin of Safety in Financial Planning
“The intelligent investor must focus not just on getting the analysis right. You must also ensure against loss if your analysis turns out to be wrong – as even the best analyses will be at least some of the time. The probability of making at least one mistake at some point in your investing lifetime […]