Crowdfunding for Christmas
You are all familiar with crowdfunding, right? It’s the practice of funding a venture by raising many small amounts of money from a large number of people. President Obama pioneered its use to get...
View ArticleThe Harm in Financial Journalism
In most areas of our lives, the more information you get, and the more up-to-the-minute it is, the better we can do business and make astute decisions. It is interesting that investing is one area...
View ArticleLife Satisfaction and Economic Growth
You’re probably tired of hearing about the Greek debt crisis, but sometimes it helps to connect the abstract with the concrete—that is, the huge numbers involved with the actual lives of the people...
View ArticleTerritorial Default: Puerto Rico
You’ve probably read that the island territory of Puerto Rico formally defaulted on its municipal debt obligations over the weekend—an unsurprising event that has been expected by insiders for more...
View ArticleHow to Read the Panicky Market
Some of the most entertaining times to be a long-term investor are those periods when short-term investors are looking over their shoulders for an excuse to sell. They’re convinced that the market is...
View ArticlePlaying Games with Your Money
“I’ll trade you LAX for Fenway Park,” my daughter Judy said while playing monopoly with her cousin, Liz. As a fee-only financial advisor, Monopoly is one of my favorite games. It focuses on many...
View ArticleImmigration: The Case for Doing the Opposite of Trump’s Recommendation
The current debate in U.S. and European politics centers around: how do we strengthen our borders and prevent too many people from entering our prosperous countries? But you might be interested to...
View ArticlePrepare for the Rate Hike
We will almost surely see the U.S. Federal Reserve Board start the long process of ending its intrusion into the interest rate markets, by allowing rates to rise starting on Wednesday. It will be the...
View ArticleDoes your Advisor Have your Back? New Fiduciary Rule Helps
You may have heard on the news or in the paper that the Department of Labor announced a new fiduciary rule for retirement accounts last Wednesday. Don’t panic. It’s all good for the consumer. The new...
View ArticleBlog Moving
Clients, Friends, and Readers, My blog has been moved to my new website. You will no longer receive email updates with the latest blog posts. I’m sure you have enough email to contend with. You can see...
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