Upping the Ante in Our Relationships
I remember when I was stranded with my car just off Peachtree Road during a cold snowy day in Atlanta. In a most foolish moment, I drove a rear-wheel drive automobile home from work in the snow and ice. While standing by my car in obvious frustration, a man driving by slowed down and asked […]
The Bond Bubble That Isn’t
After experiencing two major asset bubbles in the last 15 years, we find ourselves on constant bubble alert. The Sherlock Holmes in each of us is inspired to investigate which major asset class is set to experience the next spectacular fall. What common investment is so ridiculously overpriced that only a fool would dedicate even […]
Buyer Beware – Yield is Not Return
In today’s low interest rate environment, don’t let the search for yield cause you to take on more risk than you were bargaining for. In fact, it could be argued that the higher an investment’s yield, the higher its risk and the higher the chance this investment could produce a negative return. This sounds […]
Cash – Revisiting an Old Friend
The next time you look at your financial assets, I ask that you not forget about your cash. Cash has become the ugly stepchild of the financial world over the last few years. We cast it aside, look at it crossly, and ask it why it couldn’t generate more than 10 cents of interest […]
The Dilemma of Market Volatility
Depending on our ages and our respective time horizons, we each experience a different feeling during market declines when downside volatility picks up. I compare it to when I’m in an airplane and the flight hits moderate to major turbulence. I think through all the statistics that are working heavily in my favor for this […]
Asset Allocation – Trust The Process
One of my favorite television shows that I take in after work is “The Profit” on CNBC. Marcus Lemonis is a successful entrepreneur who invests in struggling businesses to help turn them around. He usually takes a majority stake so that he can exercise full control of the business and push forward the necessary […]
