What would you say if I told you that most Americans have no understanding of how the most valuable thing they own works? Hopefully you would say you do. But, according to a 2019 study by Value Penguin the majority of you reading this would have to admit you don’t. [...]
In an already stressful year, this election season has proved to be more than many can bear. According to a survey by the American Psychological Association (APA) 68% of all adults consider the 2020 Presidential election to be a significant stressor in their life. As of now we still don’t [...]
When giving investment advice the last thing I want to talk about is politics. But sadly, these two areas have become so intertwined in the past decade it’s hard to avoid, especially in an election year. I would dare say that actions by politicians now play a larger role in [...]
One of my favorite movies of all time is Moneyball. In the film Brad Pitt portrays legendary general manager Billy Beane who is credited with changing the paradigm of how baseball players are analyzed and assessed for value. In a classic scene, he gets into an argument with his lead [...]
It’s amazing how quickly things can change. A little more than 5 years ago my wife and I were struggling to sell our home in a housing market that was in dire straits. At one point during the year long process, more than half of the homes in our cul-de-sac [...]
In what can only be described as a major shift in US monetary policy, Federal Reserve Chairman Jerome Powell announced late last week that the Fed will no longer attempt to keep inflation consistently at 2%. Instead they will attempt to hold inflation rates to an average of 2% over [...]
If you have been to any retail store in the past few months you have probably noticed a sign on the cash register that says something like “due to coin shortage exact change required” or “cash not accepted due to coin shortage” When I first saw one of these signs [...]
Amazon recently announced its plan to acquire many vacant Sears and J.C. Penney department stores in malls across America to use as distribution centers to assist in speeding up product deliveries to suburban customers. While not publicly announcing this, it would not surprise me if part of this strategy will [...]
One of the skills required to beating the stock market is having the vision to see what will likely happen next and not to focus on what already has. Generally, current market performance reflects what investors believe market conditions will look like six months from now. One of my favorite [...]
In my columns I often advise people to take the time to plan for the unforeseen. This week I have a personal story about something that happened to me last week that will hopefully serve as motivation to some of you as well. One week ago Friday I took my [...]
