The words “speculating” and “investing” often get used interchangeably. And that’s not surprising, since they describe somewhat similar concepts. In both cases, you are laying out money with the hope … Read More
When the 2917 Tax Cuts and Jobs Act raised the standard deduction for taxpayers to $24,000 for couples ($12,000 for singles), and lowered individual tax rates, an unintended consequence was … Read More
When reports surfaced that PayPal founder and billionaire Peter Thiel had invested his Roth IRA in private equity and private stock in his own company, and managed to turn an … Read More
Reports from the Federal Reserve, which sets interest rate policy in the U.S., have famously told us that the current inflation that we’re experiencing is “transitory” despite a lot of … Read More
The news media, in its coverage of the Congressional debate over raising the debt ceiling, has alarmed its readers and viewers with terms like “government default” and “global financial crisis.” … Read More
Despite the alarmist articles you might be reading in the press, most people won’t be affected very much, if at all, from the tax proposals that are percolating through Congress. … Read More
It’s only getting sporadic press coverage, but a lot of fixed income insiders are talking about the possible default of a giant real estate developer in China. If you’ve seen … Read More
So-called “experts” are telling us about the coming uber-bear or why the bull market will continue. Yet the data show that trying to predict the market’s direction to time buys … Read More
There are a few things you should think about first before retiring early, even though based on the numbers you have provided and the fact that your annual expenses align … Read More
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
