Rick Havard, Financial Advisor

05/27/2026

Over the next two decades, an estimated $10 trillion in business assets will change hands as Baby Boomer business owners retire, with a concerning trend: merely 30% of small businesses achieve successful sales, while approximately two-thirds of family-owned businesses lack a formal succession plan.

05/10/2026

That’s funny.

Dave: “Hello caller, you’re on the air.”
Caller: “I put all my emergency savings into an investment.”

Dave: “Oh no. How much did you lose?”
Caller: “It made $5m in 37 months.”

Dave: “Well you got lucky.”
Caller: I converted my 401k into a similar investment & borrowed $8M.”

Dave: “that’s the most irresponsible thing I’ve heard.”
Caller: “It’s worth almost $20M and cash flows to me at $80,000 a month.”

Dave: “That’s speculation.”
Caller: “I sold my house and used all the equity & borrowed another $15M to do the same thing.”

Dave: “What is wrong with you?”
Caller: “Dave the investment is worth $250,000,000 and I’ve refinanced it twice returning all my equity plus $100M, tax free.”

Dave: “How many times have you heard me say, “All debt is bad debt?””

Caller: “Dave I started raising money from friends, family & customers and now I am doing it for them.”

Dave: “Partnerships are risky.”
Caller: “Dave I have 20,000 investors & sent out $100m in cash to them last year.”

Dave: “Who are you?”
Caller: Grant Cardone, CEO of CardoneCapital, $5B of real estate holdings, $2.2B in debt & free cash flow of $112M annually.”

Dave: Hangs Up

02/28/2026

Ok. Short time line here. Looks like Iran is getting a reset and that at the pentagon AI was interfering shortly before on action planning and the vendor was rebuked. Is that what you are seeing?

01/20/2026

Hey look some volatility.

A lot of folks were saying the market was calloused on Friday.

Still not quite to 23 on the VIX.

I’m starting to get ready

However if you’re 5 years out from retirement you had better educate yourself on your biggest risk asap.

If you don’t know what your biggest risk is this close to your exit we should talk.

11/20/2025

If one widely held high performing stock is in 5 major indices and it gets dumped...would the narrative mess with your confidence if the whole world is indexing and overweighting in it? Check comments for clear bold thinking on this. Oh this is for educational and fun purposes not any kind of recc.

11/17/2025

Warren Buffet investing in Google now?!!! Well Okey dokey gramps. Cut the youngsters loose! ====> Not a recommendation just passing on some news. You have to talk to me in real life to see my cards.

10/16/2025

Dang. Monster deal!

The sale marks one of the biggest deals ever in the global data center market.

10/15/2025

Meanwhile back at my arguement that Warren Buffet closed some of his holding in Bank of America because it was an awesome trade and all time highs after picking up a ton in the financial crisis. He was being pragmatic and not being fearful....Today BOA announced massive earnings and Buffet still has not exited fully.... —

change in value ; ballparking it 👇

* **Sale window:** Buffett started trimming around **mid-July 2024**, when Bank of America (BAC) was roughly **$38–44 /share**.
* **Now (Oct 2025):** BAC is trading around **$50 /share**.

That’s roughly a **+15 % to +30 %** increase since he began reducing the stake — depending on the specific batch of shares you measure from (earlier sales in the $38 range gained more).

So in simple terms:

> Since Berkshire divested about 40 % of its BAC position, the stock is up roughly **20–25 %** overall.