Where are they now? Creative destruction and a healthy economy
As the 2021 pro football season kicks off, the Tampa Bay Buccaneers will start at quarterback a man who by all standard measures is middle-aged. But if 44-year-old Tom Brady … Read More
A warning to younger investors: Be wary of “pop finance”
When you’ve lived a few years, you come to appreciate the truth of statements like: “The house always wins.” “In a gold rush, the only one guaranteed to get rich … Read More
Penalizing Marriage
Before 2017, taxpayers had to live with something known as “the marriage penalty.” In a perfect world, when two people file a joint tax return, they should move into higher … Read More
Tax Code Anomalies
Congress is getting ready to revise the U.S. tax code once again, and you can bet that the final version won’t be subtracting any pages from a document that now … Read More
Government Bonds Around the World
There is absolutely no question that, from a historical standpoint, yields on U.S. government bonds are terrible. 10-year Treasuries that were issued at 1.25% a year are now yielding 1.297%, … Read More
Methodology for Managing Cash Flow
Microseries | Episode 2 This episode examines a different methodology for managing cash flow.
Savings Rate vs Rate of Return
Microseries | Episode 1 This episode examines the question of whether a high savings rate or a high rate of return on investments produces more wealth.
Retaining Key Employees: One Size Doesn’t Fit All
Retaining your company’s key employees is one of the most important steps toward your business’ success. Key employees can reduce your workload, noticeably improve company performance and operations, and act … Read More
Persistent Low-Interest Rates Have Caused Bond Yields to Remain Low.
Not surprising. Persistent low-interest rates have caused bond yields to remain low. It appears that institutional investors are buying single-family real estate for greater yield than what they can get … Read More
The price of ignorance: Mistaken money beliefs can cost you
In talking about the way he handled his finances, comedian Steve Martin said, “I love money. I love everything about it. I bought some pretty good stuff. Got a $300 … Read More