Your Investment Purposes
Today I am writing more basic philosophical thoughts about investing. What are your goals for your money? One primary goal for most people is and will be to multiply your money for present and future financial needs and desires. But another goal may be to promote a particular area of [...]
Rules have changed
Sometimes I will hear from readers who say that I talk too much about the government and politics in my column that is supposed to be about the economy and money. I actually agree with them. But until the government and politicians stop playing such a big of role in [...]
When choosing an advisor, focus is everything
Have you ever gone to an expensive restaurant that appeared on the outside to be quite sophisticated and refined only to find after dining there that the food itself was less than impressive? I think sometimes the financial services industry can have a similar strategy of dazzling people with their [...]
Caitlin Clark’s new salary is unfair, but not in the way you think
Outside of the Super Bowl, March Madness may be the most exciting and fun sporting event of the year. It’s always fun to cheer for the underdogs that nobody saw coming advance deep into the tournament. This year there is no doubt who everyone’s attention was focused on. Her name [...]
During tough economic times, people don’t like tax increases
Since last week’s Jackson County vote, the future of the Royals and the Chiefs has been the hot topic here in the metro. If you’re anything like me, you have had multiple conversations about how emphatically this proposal was rejected by the voters, and what it means for the city [...]
Never fall in love with anything that cannot love you back
You have probably seen statistics that over decades of time, the general stock market rises by an amazing percentage, but average investors experience mediocre or even poor results. Vats of ink—in the old days at least—have been invested in writing about the reasons for this anomaly. Today there is [...]
Are you sleeping in the middle of a storm?
As sponsors of the First Responders Recognition and Awards Breakfast here in Independence, this past Thursday I was blessed to get to be in attendance as the Chamber of Commerce honored some of its very bravest public servants, including officer Cody Allen who was tragically killed in the line of [...]
EV sales decline as the public speaks with their wallet
One of the biggest stock market success stories of all time has been the rise of Tesla. From its initial public offering in the summer of 2010 to its high point in late 2021 the EV company stock value rose by an astounding 22,500% approximately. However, since that time the [...]
Inflation Must Be Fine!
Today’s topic is inflation, a popular subject recently. A higher trend in prices of goods and services has reemerged due to the flood of liquidity the Federal Reserve created to save us from the shut down of the world economy which was created to save us from Covid-19 which was [...]