Hilton Head Monthly Connecting the Lowcountry 
IS BITCOIN TOO GOOD TO BE TRUE?
Depending on who you ask about one of today’s hottest investing trends, bitcoin is either an even bigger swindle than the purchase of Manhattan or a one-way ticket to becoming rich.
Most local financial advisers don’t think bitcoin will have long-term value and are warning clients to stay away from it. But some adventurous Lowcountry investors are diving in.
SIGNIFICANT INFUSION OF CAPITAL PUTS COMMUNITY BANK BACK ON TRACK TO EXPAND.
The financial crisis of the late 2000s hit the United States hard — especially small community banks. While big banks were bailed out, roughly 85 percent of all financial institutions that failed during the crisis held less than $1 billion in assets. These are the local banks that help small business grow, and locally many simply vanished.
But CoastalStates Bank not only survived the financial crisis, it thrived. And thanks to a fresh infusion of capital, it’s ready to resume the course it set before the world of banking turned upside down.
A 10-STEP PROCESS TO CREATE WORK-LIFE SEPARATION
I like work-life separation, not work-life balance. If I’m on, I want to be on and maximally productive. If I’m off, I don’t want to think about work.
There are way too many of us trying to juggle way too many responsibilities, all at the same time. You have seen it in meetings – a leadership team is gathered around a conference table, with most team members distracted by text messaging, shuffling papers, and “multi-tasking.”
HOW MIKE OVERTON TURNED A WINDSURFING SCHOOL INTO A RETAIL, TOURISM AND PHILANTHROPIC JUGGERNAUT CALLED OUTSIDE HILTON HEAD.
If you ask locals “What is Outside Hilton Head?” odds are good you’re going to get a few different answers. They might tell you it’s a shop at Shelter Cove that sells outdoorsy gear and Yeti mugs. They might say it’s the company behind those kayak tours you’re always seeing on area waterways. They might even mention the company’s philanthropic foundation, tasked with keeping area waters clean.
FIXED INCOME INVESTMENTS ARE A RELIABLE ADDITION TO ANY PORTFOLIO
Fixed income investments might not have the same blood-pumping, frenetic energy of the stock market, but they attract some of the best and brightest portfolio managers. To many, fixed income investing is the dull but necessary side of one’s investment portfolio; however, I’ll gladly take these tried-but-true assets in a crisis.
The Women in Philanthropy (WIP) board: Front Row L to R: Debbie Hengemuhle (sitting on table) Kathi Bateson, Margaret McManus, Helen Ryan, Liz Clist. Back row standing L to R: Kaye Black, Susan Hooker, Peaches Peterson, Marcia Collett
WOMEN IN PHILANTHROPY CELEBRATES 15 YEARS SPENT HELPING THE COMMUNITY
Over the past 15 years, the Women in Philanthropy organization has touched thousands of Lowcountry lives: families in search of affordable housing, working parents an their children, those with special needs and dementia.
“These are women who are extremely involved in the community,” said Margaret McManus, the group’s advisory board chairwoman. “They are very giving people. We come together as women to give back to the community.”
LUXURY BRANDS AND PERSONAL APPROACH A WINNING FORMULA FOR PEACOCK AUTO MALL
When his marketing advisors suggested changing the name of the New River Auto Mall to Peacock Auto Mall, Warner Peacock realized putting his family name on the business made sense.
“We’ve always run our companies with a family culture,” Peacock said. “We want our employees and customers to feel like they’re part of the family.”
Once again, I will put my pride on the line and take a shot at what we might expect in 2018. But before we look ahead, let’s take a look back and see how my predictions for 2017 turned out.
Living the lifestyle you want requires regular money checkups and occasional strategy sessions with a financial adviser. A new calendar year is the perfect opportunity to review your financial big-picture and make adjustments that will set you up for success in the future. Here are 12 ways to get started:
These days, the winds of change are blowing hard — the trouble is their direction is constantly changing. It is said that lake sailors are far more skilled because they deal constantly with gusting winds, while ocean sailors enjoy the prevailing winds for days at a time. Like sailors, those of us in the business of forecasting economic activity are much more comfortable following trends, and so the rapid change we are now experiencing is driving us crazy.
