Let's pretend you had $200,000 to invest for the next 7 years. Would you rather take a guaranteed total return of $14,274 or would you trade that amount for the possibility of earning $101,799? Your answer probably depends on how you feel about risk, the...
When it comes to income planning in retirement, it is crucial to understand the four primary taxes you will have to navigate. If you navigate them well, you can keep more of your money and send less to the IRS. The first tax you will face...
At this point, I don't know how much there is to be gained by wading into the vastly oversaturated territory of GameStop-related (and AMC, Blackberry, et al) material. In doing so I run the risk of dragging into the fray those of you who've made...
There are two kinds of people in this world. Those who instantly knew who Ned Ryerson was the second they saw this email land in their inbox and those who didn't. For those of you in the latter group, Ned Ryerson, aka Needlenose Ned, aka...
Over the past year there's been a spate of "How I invest my money" articles where a prominent financial advisor discusses what he or she actually does with his or her own money. It's a discussion that's long overdue and was started by Josh Brown,...
I don't watch It's a Wonderful Life every year, but I did this Christmas, and I noticed something I hadn't before. In a pivotal scene with George in his dad's old office at the Building and Loan, I saw this wall hanging in the background. It reads: "All...
I can remember walking into my first economics class back in 1992. The professor had drawn a chart titled something like, Supply, Demand and The Flow of Money, Goods and Services, on two huge chalkboards that covered the front wall of the theater style classroom....
After a year like 2020, it is impossible to avoid a hyperbolic statement like, “it’s been a crazy year!” because it has been a crazy year. Here’s just a few of the significant occurrences: a worldwide pandemic that shuttered the global economy and claimed hundreds...
My oldest son Miles is in kindergarten this year, and for the last 6 weeks or so has been going into the physical classroom after starting the year 100% virtual. It's been a strange year for everyone, but Miles has done a great job adjusting,...
What a year. After a global pandemic, a recession, unprecedented unemployment and a messy presidential election, most of us are ready to throw in the towel and ring in the new year. In fact, I'll bet if you'd had a crystal ball and could have...
