If there is one thing we learned from 2020 it’s that having adequate health insurance is not a luxury but a necessity. A close friend of mine who was in otherwise good health found himself hospitalized for several months this fall with Covid. Without health insurance this type of hospital [...]
If you needed any further proof about the difficulty in predicting stock market results, you should have it now. Before election day in 2016, you were told that electing Donald Trump would kill the stock market. This year, you were told that just the threat of a Democratic $4Trillion tax [...]
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. [...]
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 [...]
What in the world is going on out there, and what should I do with my money? This topic is always on my mind, but I imagine lately it’s been heavy on yours too. The world looks upside down, and the stock market is no exception. Many can’t believe it’s [...]
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 [...]
Has the whole world gone crazy? Are you and I the only sane people left? It’s hard to turn on the news without either wanting to curl up in the fetal position or smashing it with the nearest heavy object. We find ourselves in an argumentative world that shows no [...]
Today we will explore a different vehicle for income, one which might not be familiar to you. First, some context. When you speak of a mutual fund, it is usually what is known as an Open End fund. It is open in the sense that new investors can buy shares [...]
The primary rule of financial markets’ behavior is that Mr. Market will do whatever it takes to confound the greatest number of investors, market experts, et al. No one else could possibly be so fickle and unpredictable. I can safely say that almost no one expected the current bullish run [...]
A strong trend change in investing has developed over the past few years. Particularly after 2008, many folks have given up on private investing for growing their long-term wealth. This latest correction of both debt and equity markets obviously will not help. In the Midwest, we do not even like [...]
