Life’s Unexpected Results by Ron Finke
Last week, some family members and I drove to northern California and back. Never doing things the easy way, we drove 1900 plus miles in the first two days, enjoyed two days with extended family members, and drove 1900 plus miles on Friday and Saturday. Like the terrible joke about [...]
The Trouble With Timeshares
This past weekend I was given the opportunity to go to the Lake of the Ozarks with my family for a couple of days. As a child some of my most cherished memories were of the trips we would take each summer to my uncle’s cabin there. Being able to [...]
Your dream of retiring early might actually be a nightmare
My favorite movie of all time is The Shawshank Redemption. In one of the most powerful scenes in the movie it’s lead protagonist Andy Dufresne, played by Tim Robbins, tells his friend life comes down to a single choice, “get busy living or get busy dying.” Both the simplicity and [...]
A tariff is not the answer to the China problem
For nearly a year, tensions between the US and China regarding trade have had a negative impact on the stock market. Many investors are now concerned that a full blown trade war is inevitable. One of the primary reasons for President Trump’s willingness to impose stiff tariffs on Chinese imports [...]
Unlikely the market tops out over trade wars
Here we go again. In what feels like a repeat from the end of 2018 for the stock market, trade wars are front and center again in the minds of investors. The market is down about 5% from recent highs, and people are wondering if we’ll experience a similar 20% [...]
Relative Strength Basics
Today’s column is designed to give you a little better understanding of what is going on inside the black box of your investments. Hopefully it will be enlightening. If you are a DIY investor, this principle is quite important for you to know or study. On television Mr. Market seems [...]
Letting Go of Control Can Help You Let Go of Fear
Anyone who reads my column regularly probably knows I’m a planner. There are rarely occasions where I make a decision before researching the matter in depth weighing both the pros and the cons. This desire to always have a plan, probably stems from the fact that I feel an overwhelming need to always be [...]
Taking the Long View Pays off
For investors, proper perspective is about the most important quality one can possess. I am referring to the practice of viewing where we are in terms of historical benchmarks and the statistical probabilities from long history Our shared human condition is that we are creatures of the here and now. [...]
Little things really do add up
This past Monday, Chase Bank made national news for an unintentionally controversial tweet they sent their 365,000 followers. The tweet depicted an imaginary conversation between a person and their bank account. The full tweet was as follows You: “why is my balance so low?” Bank Account: “make coffee at home” [...]
Boldness in tough times can pay off well
The old saying "fortune favors the bold" has been on my mind. In the majority of cases, when examining success, it stems from a bold belief and action. It took some getting out of your comfort zone, having some faith, and then letting the hard work and planning to payoff. [...]