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…
All good things must come to an end. The cascading of bad news at the end of September was finally too much for what had been a historically resilient stock market. Global supply chain disruptions, soaring energy prices, COVID-19, stalled infrastructure bills, inflation worries, Chinese contagion fears, and a looming…
Every day we’re bombarded with reports of what’s hot and what’s not – fueling a fear of missing out (FOMO) on some great investment opportunity. Heck, there is even a new exchange traded fund with FOMO in its name. But a diversified portfolio is still the best way for you…
To reach your financial goals, you don’t have to outperform every benchmark every year. For long-term investors, avoiding and mitigating losses is the largest factor in achieving ultimate success in your financial plan. Held every July, the Tour de France is a great illustration of this concept of capital preservation,…
What will inflation be in the coming years? The real answer is that it varies according to your age and spending patterns. Inflation wallops someone with kids in college and might be hardly noticeable to stay-at-home types. And recent inflation will stun someone looking for a used car but might…
April is National Financial Literacy Month – an entire month dedicated to underscoring the importance of learning, establishing, and maintaining healthy financial habits. Sadly, the money habits of the average American reveal that: • Only about 40% of adults use a budget and track spending; • More than three out…
Joe Biden will inherit one of the most challenging political and economic environments of any U.S. president. With America reeling from the storming of the Capitol, not to mention a raging pandemic, President Biden must heal partisan wounds and put the world’s largest economy back on track. For the first…
During the year 2020 we saw the global economy fall into its deepest recession in the postwar era due to COVID-19, with the S&P 500 falling by as much as 34% from its late February highs into late March. But as early as the second quarter (Q2), the economy began…
The New IRS Tax Rates and Deductions for 2021 Although a year away, your 2021 tax planning should have already started. Amidst all the pandemic news and 2020 election drama, many might have missed that the IRS also quietly published new 2021 tax rates in late October. There are plenty…