Experts have been sounding the alarm about a stock market bubble for almost four years. Once the Dow Jones Industrial Average broke 20,000 for the first time in early 2017, most experts were convinced we were in bubble territory. Did…
2020 October
When we were “young and dumb,” we thought our reckless actions existed in a vacuum. “Ah shucks, we’re not hurting anyone,” you remember saying to your parents in defense of your 16-year old self and your compulsive behavior. It was…
If 95% of the people whose job it is to beat the market fail, what chance do the rest of us have? This is according to SPIVA (S&P Indices Vs. Active) who keeps a scorecard of the performance of professionally managed funds…
If Joe Biden becomes President, he has vowed to raise taxes on the rich and businesses and pledged to slaughter a commercial real estate sacred cow: the 1031 exchange (a.k.a “like-kind exchange”). Here’s a brief summary of the Biden tax…