When it comes to the economy, the idea of “fake news” is nothing new. We’ve often had a segment of the population believing the US government is intentionally lying. In the early 2000’s, economist Paul Krugman used the term “inflation truthers” to describe...
I’ve noticed recently that news and commentary programs are being inundated by ads with dire warnings of the imminent collapse of the US economy and the dollar. “Are you worried about the value of the dollar? Protect your wealth and safeguard your financial...
What would you do with a million-dollar windfall? This question was the topic of a survey in a March 28, 2023, article by Jessica Whitehouse in onlinegambling.com, “This is how Americans would spend $1,000,000 in lottery winnings.” Before I read past the headline, I...
KISS: “Keep It Simple, Stupid.” It’s a catchy phrase, but what does “simple” actually mean? Does it mean to make complex topics understandable, or to not make simple communications overly complex, or to not oversimplify complex topics? Tim Mauer, CFP, author of Simple...
Is investing in the stock market akin to gambling? It certainly carries a reasonable amount of risk. Yet, done correctly, investing in the market is not remotely gambling. For comparison, consider games of chance. The best one to play is Blackjack. If you play every...
Transparency is a highly valued attribute that is routinely promised—and frequently undelivered. In fact, it often seems that the more loudly transparency is touted, the more opaqueness is practiced. Perhaps Shakespeare’s famous line from Hamlet, “The lady doth...
