As a professional money manager, I’ve observed over the course of 36 years the imperative of putting money to work and making sound investments. Investing one’s earnings for long-term capital appreciation and increasing income has been a tried-and-true pathway towards achieving and sustaining financial well-being. So, how can a person or family that is doingread more Today’s Tip → Are You Driving Less?
Worst of Times During the Great Financial Crisis, 8.5 million workers lost their jobs. The U.S. unemployment rate rose from 4.7% in late 2007, to 10% in October 2009. In comparison, the 2020 Great Lockdown forced 17.9 million people to lose their employment, in a matter of a few months, swelling the unemployment rate inread more California Cruising
Prudent investors allocate their holdings, expecting the unexpected. The pandemic tsunami left in its wake uncertainty, foreboding, and casualty. An emergency response was imminent. Medical science, global governments, central banks, Corporate America, first responders, private enterprise, and a cast of unspoken heroes have coalesced at breakneck speed to arrest and abort the infamous coronavirusread more 2021 → Let’s Get to It
Since the covid-19 bear market bottomed on 3/23, the S&P 500 has increased by 60%. The bounce-back has been significant in breadth and trajectory. Today, Biden’s first business day as President-Elect is being welcomed by Main Street and Wall Street alike. Biden’s Blastoff appears to have been ignited by the lessening of election anxiety andread more Biden Blastoff → 11.09.20
Asset Allocation When it comes to saving and investing, I’ve learned over the course of my 35-year career as a financial advisor, entrepreneur, and professional investor, that diversification matters significantly. Which assets should prudent players focus their time, energy, and resources on? The National Bureau of Economic Research Rate of Return on Everything has been tabulating returnsread more What’s the Best Investment?