About the author  ⁄ Mark Scribner

Mark Scribner

Mark F. Scribner is the Managing Director of oXYGen Financial, Boston Office. Mark grew up in Melrose, MA and now lives in Boston. He has an amazing wife Michelle, who supports all of his crazy endurance endeavors, including a solo attempt to swim the English Channel! Mark is the father of four children - Mark, Bella, Olivia and Emma. He loves being an assistant NFL photographer and cancer fundraiser, along with creating and running various companies.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation.

Background and qualification information is available at FINRA's BrokerCheck website.

Should You Delegate Everything?

For many years I have had the opportunity to coach and train numerous financial advisors and high net worth entrepreneurs. One of the biggest challenges is helping them calculate what an hour of their time is worth. Truly understanding this concept is incredibly valuable for executives.  Something all these successful folks have in common is the keen ability to delegate. Successful people are productive because they are able to spend their time on mission critical activities. In order to accomplish this, they need to pass off some of the more tedious, but necessary work. If you are an incredibly busy and productive individual but you spend two hours a day driving to the office, it may make sense to hire a driver. Maybe you’re realizing how long you spend maintaining your house each weekend, for a small expense you could consider hiring a maid, and free up that valuable time. My family has given me a hard time over the ...

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Know What You Own and What is a Bad Financial Product

As an advisor pre/post- the 2008 financial crisis and throughout subsequent periods of market volatility (such as 1994, wars, terrorist events, Brexit, you name it), when working with a new client I am regularly surprised by how often they do not have a handle on what is in their portfolio and/or purposes of an asset allocation or lack thereof. During periods like the one we are in now, we watch television pundits that depending on the channel/time of day, are either predicting total market chaos, or a continuation of an extended bull market. Inevitably, it can create a lot of stress and confusion for an investor (and some financial advisors). In the end, investing should have the intended goal of creating “peace of mind” that a person(s) is on track so that they can breathe easier® (shameless plug), feel okay when they turn on the news and can live their lives the way they want to. Knowing What You Own ...

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How To Save $2000 Per Year

This past month we finally had enough after receiving our cable bill that again crept up to over $280 per month from our local cable provider which was littered with equipment, taxes, and random unexplained charges. For years the cable companies operated like the monopolies that earned them that moniker, yet every year we would call in to the service line playing as good of an Oscar role as we could muster to bluff like we were calling into cancel. We would say that we had some place better to go, while knowing there was someone on the other end laughing their ass off, mocking us while hitting the mute button thinking we were full of shit, as there was no other island we could travel to.  Until now! It went something like this: Me: “Ya, our cable bill is now $280.00 again, we are thinking of canceling. We don’t need 270 channels, you made us get a house phone, ...

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