The SEC was formed in the aftermath of the stock market crash (Black Tuesday) that kicked off the Great Depression to protect the investing public and restore confidence in the market by providing investors with more reliable information and complete…
Everyone knows Bill Gates for founding Microsoft and for being one of the wealthiest people in the world.
As of the end of 2019, his net worth was estimated at more than 106 billion dollars, second only to Jeff Bezos of Amazon. He had previously occupied the top spot for 18 of the past 25 years.
We live in a litigious society. We, as Americans are sue happy. The courts were originally designed to offer justice to a party harmed by another’s actions or make things right. However, over time, because litigation can be expensive when…
If you ask a barber if you need a haircut or a golf pro if there is anything wrong with your golf swing, you’re likely not going to get an objective answer.
Of course, a barber’s gonna tell you you need a haircut, and a golf pro will pick apart your golf swing. That’s how they make money. You can’t blame them for wanting to make a living, but they’re not always going to have your best interest in mind. The same goes for financial planners – so-called financial experts.
Since the onslaught of the Covid-19 pandemic, there has been a massive upswing in interest in private investments.
According to a recent article in Institutional Investor, a majority of institutional investors were set last year to increase allocations to alternative assets.
Nobody could have anticipated the Covid-19 outbreak and its devastating economic devastation. In an instant, many fortunes were lost on Wall Street, and millions of jobs were lost on Main Street.
Although no one could have anticipated a pandemic-induced recession, there was a class of investors prepared for some economic retreat – ultra-wealthy investors.
While the masses have uncertainty, savvy investors are investing in the right assets, and for the right reasons, are you?
in·vest / verb
to put money to use in something offering potential profitable returns, as interest, income, or appreciation in value.
Many of us were raised with solid work ethics. How could we not with endless stories like your parents walking to school uphill both ways in the snow?
This work ethic translated to our school work and our careers.
We did well in high school, studied hard for our SATs, got into our university of choice, got those nice Magna Cum Laude ribbons around our gowns at graduation, and many of us even went on to grad school and became successful doctors, lawyers, and CEOs.
I’m no behavioral expert, nor do I aspire to be one. Still, I’ve been around the block long enough to recognize that human actions and behaviors are shaped by a variety of factors, including our family backgrounds, life experiences, and even genetics.
The COVID-19 pandemic is affecting Americans adversely across all social spectrums. Its economic, social, and medical toll is widely publicized.
However, there’s growing evidence that it’s the poor that are suffering disproportionately. Research suggests that the poor and those living in distressed communities are more likely to catch the disease, and because the poor are generally less healthy and have less access to quality health care, they are also more likely to die from it.