A few weeks ago we noted the 10-year anniversary of the stock market low of March 9, 2009. As one might expect, others have considered this too from various perspectives. The most insightful I have seen yet is How the Financial Crisis Has Affected Individual Investors 10 Years Later by [...]
Today, in many circles it has become culturally acceptable to vilify millionaires as somehow evil or not worthy of the wealth they have accrued. Young people in particular have bought into the lie that in the interest of fairness, wealth should be taken from those who have built it and [...]
Many of us wanting to gauge the health of the US economy use the Dow Jones Industrial Average as our barometer. If the Dow is up big we assume the economy must be doing very well, and if it’s down we start preparing for the next recession. However, events that [...]
Ten seemingly short years ago, the low-water point for the U.S. stock market occurred on March 9 at 666.79. There are numbers of theories about why the decline stopped on a dime and reversed. The best and most logical one is also the simplest explanation. Alas, the following was never [...]
It was a little over a year ago that I opined on the sad news that a beloved part of my own childhood Toys R Us would be permanently shutting its doors. Recently, Sears declared bankruptcy and it would appear that another priceless piece of my childhood might soon be [...]
Last week, Luke Davis and I attended the Kingdom Advisors Conference for attorneys, accountants and financial professionals. Each year great speakers share insights about dealing with our finances in ways to keep money in its proper place. It is a tool to serve much more important aspects of our lives. [...]
Last week I was blessed to attend the 2019 LINC conference in San Diego. This conference for Registered Investment Advisors is one of the best in the industry, and the wealth of information I was able to gain from its speakers and workshops was priceless. One thing in particular that [...]
Every February 14 people across America and around the world looking to celebrate Valentine’s Day will spend money on flowers, candy, jewelry, dinner and other gifts all in the name of “love”. How much money, you ask? According to The National Retail Federation, the good people of America spent approximately [...]
This might offend a few of you, but I have been a fan of the New England Patriots for a long time, and was excited to see them win their sixth Super Bowl Sunday night. There is just something about the standard of excellence they have maintained for nearly two [...]
In the past few years, the S&P 500 Index has had some good results when many investors’ portfolios have experienced lackluster to poor results. Lend me a few minutes and I will attempt to explain this and hopefully provide some light on the subject. A large part of this phenomenon [...]
