Almost 50% of all US Dollars in circulation were printed in 2020 Let’s back up…In 2008, the Federal Reserve added about $2 Trillion (with a T) to the financial system. Avoid global contagion meltdowns. Avoid the next Great Depression. Avoid turning into Japan....
Definition of “it doesn’t make sense financially”: “Choosing against conventional financial wisdom, or for a financial outcome that will probably (based on traditional financial education, history, probabilities, calculations, or simulations) leave you with LESS...
On March 12th at 3PM MST, I had the privilege of speaking with Dr. Michelle Arnold, a virologist who earned her PhD from Harvard. In her current role, she works at LSU Health in Shreveport as an Assistant Professor of Microbiology and Immunology. Michelle does not...
As Niels Bohr (Danish physicist, philosopher and Nobel Laureate) apparently once told Einstein, ‘You are not thinking; you are merely being logical.’ With apologies to logic (and my overly stoic friends) Sorry Seneca, Aurelius, and Aristotle, humanity’s greatest...
This post was inspired by investors who tell me they use a newsletter to pick stocks, that diversification is for losers, and it’s easy to beat the market. Here’s a case study in what happens when you follow financial newsletters sent straight to your...
Years ago, a client sent me an e-mail. It simply stated: “Us down, the market up, why?” Why am I underperforming the ubiquitous “market”? I blame financial media. Fox. CNBC. MSNBC. Barron’s. Bloomberg. Money. Forbes. Dave Ramsey. Suze Orman. All of ‘em, for...