You probably aren’t surprised to hear that I’d like to raise my kids to be generous, kind, patient, thrifty and modest--in all areas, including their wealth. I hope they’ll be capable of making smart financial decisions and have a healthy relationship with money. ...
So what exactly is
an inverted yield curve and does it really matter? Historically, when long-term
interest rates fall below short term rates, more often than not, recessions ensue.
However, more recently the results have been mixed.
Back in February
of 2005 Allen Greenspan, then Fed Chair, debunked the...
Investing offers what in theory seems like an easy trade: long-term wealth creation for short-term volatility. But the reality is that it’s not so simple. The promise of gains over 10 or 20 years becomes less compelling as you face large market drops that take...