We live to shake up the industry. Welcome to our blog– here’s what we’re thinking.
In the span of just a few days, cryptocurrency exchange FTX – the world’s third largest cryptocurrency exchange with more than 1 million users – filed for Chapter 11 bankruptcy. A few days later, cryptocurrency lender BlockFi announced that it was “not able to do business as usual” and paused…
Many of us remember the phrase “too big to fail” from the 2008 financial crisis and cringe now that its use has been resurrected during the coronavirus pandemic. Others remember that the term was also used in 1984 by U.S. Congressman Stewart McKinney when he talked about the FDIC’s intervention…
When managing personal finances and investments, people frequently exhibit irrational behavior for different reasons. If you’re one of these folks, be fair to yourself: It doesn’t even take a spate of market zigzags like we saw recently to prod you into questionable decisions. Everyone makes choices about money nearly every…
Elon Musk – the world’s richest person – recently announced that he was pulling out of his agreement to buy Twitter (good luck!), saying that there was a lack of information about the number of Twitter users made up by bots. In a letter sent to Twitter, Musk said that…
Long-term investors will experience a number of market downturns over the course of their lives, which can be triggered by everything from natural disasters to political turmoil. So, if you’re investing for retirement or another long-term financial goal, you need…
Bull markets happen. Bear markets happen. Just stick to your financial plan and stay calm and disciplined. When the market sours or slumps, don’t believe talk that this bear is different. It is not. History shows this is true. When markets decline, they do so rapidly and painfully. The subsequent…
Thad Schlaud talks about some best practices when protecting yourself from Cybercrime.
Don’t let public perceptions drive your investing because that’s speculating. On May 4th, the Federal Reserve raised interest rates by 50 basis points and scaled back other pandemic-era economic support, as it stepped-up its fight against the highest inflation we’ve seen in 40 years. “Inflation is much…
If you base your strategy on a horse race in London, then the answer is yes! One of the oldest stock market strategies is to “Sell in May and Go Away.” But what does this phrase mean? Is there any historical reason for selling stocks in May and leaving the…
Wall Street has little recent history to go from, but two things are very likely. Starting in late 2021 and throughout all of 2022, Wall Street has debated what markets might do if Russia invades Ukraine. On February 11, Jake Sullivan, the White House national security adviser, warned that Russia…