Is Pain the Cure?
I’m convinced pain is just ahead and that it’s exactly the medicine we need. As much as I’d like to get it over with, nice and fast like, I’m afraid what we will get and really need is a period of prolonged pain. The good old-fashioned type where you find [...]
Don’t like paying taxes? Credits might be a good alternative.
It’s getting to be that time of year again when we all start thinking about taxes, and what we are going to owe in the spring. This probably goes without saying, but my goal is always to pay as little as possible to both Washington DC and Jefferson City. A [...]
Investing Intermission
As often stated, much about investing trends can be related to calendar seasons each year. By November 1, an uptrend of indeterminate length usually begins. Since this year’s market highs came on January 4, such a change in trend could not be more welcome! Today, I will focus upon where [...]
Is a zombie apocalypse coming?
With Halloween less than a week away, I thought there would be no better time to write an article on the undead. Yes, that’s right. This week I am going to opine on the topic of zombies and warn you all that a zombie apocalypse could be right around the [...]
Avoid the possibility of paying capital gains on market losses
It’s never fun to pay capital gains taxes on investments you hold. It’s significantly less fun to have to pay them in a year where your account balances have suffered heavy losses. That however, is the scenario many may face this year. Today, I want to provide some insight into [...]
Investing Requires EQ
One of the largest myths people believe about personal finance and investing is that it is simply a math formula to be solved. In fact, I would argue one’s emotional intelligence has infinitely more impact on their success in investing than their mathematical intelligence. Psychologist Peter Salovey defines emotional intelligence [...]
Real Problems
I do not know who might have first said it, but I often now remind myself that if a problem can be solved using only money, it is not a big problem. Our problems as a nation at this time in our history are big problems. Unfortunately, money will not [...]
Why I’m still bullish on America
I have to admit, over the past few months I have written quite a few depressing columns. It’s probably justifiable given just how much pessimism there seems to be out there right now. However, this week I want to hopefully give you a good dose of optimism. With Russian president [...]
Housing market for 2023 appears bleak
Driving through my neighborhood yesterday I saw something I haven’t seen in a while, a home with a for sale sign in the yard. The housing market has been so red hot for so long, that signs don’t even have a chance to hit the ground before the home owner [...]
Sports Betting is a Dangerous Game
Just in time for football season to start, the state of Kansas legalized sports betting for both residents and non-residents alike this past week. Since this is a money column, I thought it would be only appropriate to speak on the topic of sports betting. I won’t comment on the [...]