For a long time investment advisors have relied on commodities as one of the asset classes in a diversified portfolio that is “uncorrelated” with stocks. In other words, commodity prices tended to increase when stock values decreased, and vice versa. In...
If I had high blood pressure, I would have to give up listening to Sunday morning news shows. I’ve never figured out how politicians can so convincingly weave false information and partial truths into spin that they deliver with a straight face. One of the more...
An unexpected trend has emerged due in large part to the economy. Adult children are asking to move back in with their aging parents, and the parents are saying “yes.” Most baby boomers do not have adequate savings, so the financial burdens of taking care of their...
Watch this video on YouTube “Obscene profits.” “Greedy oil companies preying on American consumers.” This was the tune blaring from the populist bandwagon just 18 months ago. Various commentators in the mainstream media, including FOX news,...
Watch this video on YouTube One of my “broken record” themes over the years has been the importance of requiring financial advisors to have a legal responsibility to act as a fiduciary. This simply means the advisor is required to put your best interest...
