How much money does it take to be wealthy? As I’ve pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal circumstances, accounting methods, lifestyle, and financial...
Our economy is recovering; the stock market is booming. Yet I’m hearing investors express much more fear now than they did last March when the stock market was falling off a cliff. I see a couple of reasons for this. First, market movements are largely emotional...
Watch this video on YouTube Are you concerned about the exploding national debt brought about by the $2.2 trillion CARES relief spending bill and the new $3 trillion spending bill just passed by the House? If so, you are in great company. However, the increase in the...
Watch this video on YouTube Inflation is a common economic term and a relatively simple concept. One straightforward definition at thebalance.com by financial journalist Kimberly Amadeo is, “Inflation is the increase in the prices of goods and services over...
Watch this video on YouTube When it comes to investing, it’s a losing proposition to try and be anything better than average. I was recently reminded of this important investing precept when I attended a presentation by Ken French, a noted professor of finance at...