https://vimeo.com/412339804
Investing Principles
Is Now the Time to Convert Your Traditional IRA to a Roth and Save?
I had a good friend who lived to be 95 years old. Over the course of his final year, he constantly talked about his and his late wife’s 75th wedding anniversary approaching at the end of spring. He wanted to celebrate their life together one more time. Late one April...
How a Norwegian Explorer Helps Us Make Investment Decisions
The year is 1911. Two famous explorers are planning expeditions to be the first to reach the South Pole: Roald Amundsen, a Norwegian, and Robert Falcon Scott, an Englishman. In her book “A First Rate Tragedy,” Diana Preston details how Scott spent more money and made...
Four Facts for April 13: Stimulus and more
No One Can Time the Market Bottom, So Let’s Just Look Forward
One of the most haunting stories I have read is the 1974 book “Survive,” about a Uruguayan rugby team whose plane crashed in the Andes mountains. There were 45 people on the flight, and only 16 survived the initial crash. The search was called off because sub-zero...
Animal Spirits: How the CARES Act Affects Business and Investor Psychology
Two things I have never, ever said or written: “No giveaways to small businesses” and “Our congress is functional!” The villain to the political left is large corporations and their greed. The villain to the right is often liberty-stealing government and faceless...
Three Reasons We See a Swift Recovery
Don’t look down. My favorite hobby is mountain biking. I love getting on a trail with my favorite podcast or audio book and lose myself in the woods. This past weekend I was peddling in the Carlton Reserve when I came to a man-made, dam-like structure. There is an...
Coronavirus: Now It’s Personal
Two weeks ago we shared with you the concept of street signs to assist us in forecasting the impact of the coronavirus on the economy and markets. We noted that it is impossible to predict the destination to which we are traveling, but if we pay attention to the...