A Complete Education
We have graduated another class of young people from high school and college. I want to focus upon the subject that most of us did not study formally and which is often caught only from our family experience, if even then. That is personal finance. Even for these new graduates, [...]
Claiming what is owed to you
During a time in this country when many are struggling financially, It may be hard to believe but there are thousands of people in Missouri alone who are owed money and don’t even realize it. According to a recent study by Smartasset, there is approximately 49.5 billion dollars of unclaimed [...]
The Market: Where are we? Where are we going?
In my last major update in November when Biden was unofficially confirmed the winner, I talked about the scenario of a melt-up in the equity markets on the heels of stimulus and infrastructure. Today, here we are in the midst of the melt-up and more stimulus than the eye can [...]
When government competes with business no one wins
As an unapologetic capitalist, one of my core beliefs is that competition in business is the life blood of American prosperity. In a free market economy, businesses completing with one another for customers naturally leads to better value in the items and services they provide, and also leads to higher [...]
Sell In May?
From decades of American stock market experience comes the saying that one should sell in May and go away. It is May and we have experienced a tremendous run up in stock prices since March, 2020, so it seems a good time to examine this old adage. There is a [...]
Straight scoop on taxes
This past week, President Biden addressed Congress and the American people to make his case for a 1.8 trillion dollar spending bill targeted at families and education called the American Families Plan. He has proposed to pay for this additional government spending through tax increases targeted at corporations and wealthy [...]
Inflation on the Rise?
Since the Ph.D’s in Economics have been in supposed total control of the Federal Reserve Bank in the past decade or more, they have been adamant that without US inflation of at least 2 percent per year, life cannot progress as it should. But try as they might, they have [...]
Truth About Money
For those who don’t know, my background was not originally in finance. I actually went to school to become an educator. While I no longer teach social studies as I once did, I still have the heart of a teacher. Because of that, I jump on every opportunity I can [...]
Where do you find value?
Last time, I discussed the market rotation currently in evidence from the high flyer growth stocks to the more mundane garage sale value stocks. Today I want to give you a better idea of how this presents itself to investors. Since you have thousands of choices available to you, how [...]
The New Reality of Wealth and Possessions
My son loves video games. His favorite is something called Fortnite. In the game you run around a digital world trying to shoot and eliminate other players the same way I did as a kid in the woods behind my house with nerf guns. The game is totally free to [...]