Thursday, March 4, 2021
One of my earliest childhood memories was my grandmother and me bringing home groceries in my wagon. I’ve never forgotten her ranting about rising grocery prices. She seldom raised her voice, but over dinner, she let it out…. “I’ve never been able to carry home $25 worth of groceries. We had to use the wagon […]
For 2020, the S&P 500 index returned 18.40%, so if you didn’t earn almost 20% in your stock portfolio, you might be wondering what happened. But just because the overall returns are high, it doesn’t mean all stocks are performing the same way. For example, Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) managed to earn just […]
The politicos are hawking Modern Monetary Theory (MMT) to finance their reckless spending. Investopedia explains: “Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries (that) spend, tax, and borrow in a fiat currency they fully control, are not operationally constrained by revenues when it comes to federal government spending. …. […]
I was not surprised when the Wall Street Journal reported, “Senate Moves to Confirm Trump Fed Nominee Waller, but Shelton’s Candidacy Hits Likely Dead End.” Waller is an insider, currently working for the St. Louis Fed, while Shelton is an advocate of returning to the gold standard. Ms. Shelton was described by some senators as […]
Enjoy today’s video from Serge Berger on January 14, 2021
We’ve finally reached the end of 2020, and I don’t think anyone is complaining about leaving this year in the dust. After all, the coronavirus pandemic wreaked havoc across the globe and made life miserable for a vast majority of the world’s population. Let’s all hope that 2021 is going to a much happier year. […]
How the lower dollar impacts our investment Recently, technology stock shares went down in value. The stocks didn’t drop that much, but they had done so well for so long, even despite the pandemic, that it was a bit of a shock to Wall Street. In particular, a few major tech stocks got hit the […]
Before the pandemic, the U.S. was already on a path to becoming a cashless society. Each year, more and more Americans come to rely solely on credit cards or smartphones to make payments. But, there is always that one place: the small store that is “cash only,” the gas station that charges less if you […]
Baby Boomers (1946-1964) are now between 56 and 74 years old; at or near the end of their working careers. When it comes to saving and protecting their retirement nest egg, they have very little wiggle room! What if we have a Great Depression type market crash? It took 25 years for the market to […]
With most asset classes getting pummeled this past week, investors are seeking the relative safety of the US dollar. One method to get bullish exposure to the dollar is through Invesco DB US Dollar Index Bullish ETF (UUP). UUP is a fund that is long the dollar versus a basket of other major currencies. Typically, […]
