I am constantly amazed at how so many people look for the quick and easy way to get rich without truly understanding both the RETURN and the RISK aspects of an investment opportunity. It doesn’t take long to perform a quick internet search to come up with examples of investors who overlooked the inherent risks [...]
Have you ever heard the term "Money is the root of all evil"? Ever notice the people with no money, little ambition, or little desire to become financially free are those who use this term? In my opinion the term "The love of money is the root of all evil" is more appropriate.
There is nothing [...]
Inflation really impacts you so prepare yourself!
On June 14, 2017, US Federal Reserve Chairwoman Janet Yellen and all but one of her central bank colleagues voted to raise its benchmark federal-funds rate by a quarter percentage point to between 1% and 1.25% thus representing the 3rd increase in the past year and a half. (
Subsequent to the US Presidential election in early November 2016, I have become “uber cautious”. My rationale for becoming this way is that:
- Corporate debt levels are growing exponentially despite sputtering profit growth.
- High-yield debt with “thin compensation” relative to increasing risk of default.
- Political turmoil in various parts of the world appears to [...]