Utter the words “credit card,” and reactions can run the gamut. At one end of the spectrum are people who never use a credit card because they do not want to end each month with debt. At the other end of the spectrum, some people have learned to use credit cards in the most effective ways imaginable. Which one are you?
Consider December 2019, when unemployment, interest rates, and inflation were at historically low levels. What would you have done with your portfolio if you knew then what you know now?
When watching movies that star Nicholas Cage or Jack Nicholson, there’s usually a time when the viewer wonders: “Has he lost his mind?” With that cinematic preface, let me share that my ‘lost his mind’ moment apparently occurred a few weeks ago.
While we often cite the research of Dimensional, both in our newsletters and in client mailings, we don’t often provide any articles in their entirety2. In this instance, however, the words of Booth are worth repeating verbatim.
Boston University is home to The New England Centenarian Study, “…the largest and most comprehensive study of centenarians and their families in the world…” The purpose of the study, to again quote the website (bumc.bu.edu/centenarian)1 is “To Discover the Secrets of a Long and Healthy Life.”
It seems like I just wrote a column for the last newsletter of the year, except the year that was ending was 2021. Is it me, or does it seem like the years are tumbling by even faster?
A year like 2022 can test even the most committed long-term investor. With the benefit of 20/20 hindsight, we can all say we saw the market drop coming or that interest rates were obviously going to dramatically increase. Unfortunately, when you’re in the moment, clarity is always difficult.
If not for the risk of you eventually blocking our emails, we would send out this reminder via email every week. In the past several months, at least three clients have fallen victim to cyber thefts. Aside from the dollar cost, these crimes are an assault against our dignity. Victims replay the events countless times, and there’s virtually nothing that law enforcement can do.
November 15, 2022 While my life may not be as varied as others, I’ve still been fortunate to have enjoyed a lot of interesting experiences. But even during my college fraternity days – when my judgment may have been occasionally impaired due to weekend merriment – I never recall thinking that I should try farming. Perhaps the reason for this...
November 15, 2022 This article speaks to concerns that some investors have due to the performance of both the stock and bond markets in 2022. As noted by Vanguard 1, “…market, economic, and geopolitical conditions all appear fraught. Inflation is hitting 40-year highs, the Federal Reserve is sharply reversing monetary policy, the pandemic hasn’t gone away, and supply chain woes...