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22 Mar 2019 Start Paying Attention

Posted at 11:28h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

A few years back I read a great article by personal finance writer and artist Carl Richards. He was lamenting how all the budgeting strategies he’s tried over the years have failed. He’s cut credit cards, only used cash, and tried all sorts of other...

08 Feb 2019 Gerald Should Have Shared His Password

Posted at 09:53h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

You remember Bitcoin, right? The flashy cryptocurrency that no one understood but everyone was talking about in 2017? It hasn’t been making as much noise lately, mostly due to the fact that the price has fallen from a high of nearly $20,000 per bitcoin to less than $3,500...

25 Jan 2019 How to Lose 2,000% (Don’t Forget About Everyone Else)

Posted at 08:21h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

In 1994, three of the brightest, most successful and fiercely calculating minds in finance formed a hedge fund called Long-Term Capital Management (LTCM). John W. Meriwether, former head of bond trading at Salomon Brothers, was joined by Myron S. Scholes and Robert C. Merton. The...

30 Nov 2018 Bond Portfolios Have Been Corrupted

Posted at 09:50h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

I happened across this tweet last night: https://twitter.com/syouth1/status/1068262877411401729 If you are unfamiliar with Bill Gross, he founded the mutual fund powerhouse PIMCO and for a long time ran the largest bond fund in the world, PIMCO Total Return. He’s something of a legend in the bond world....