The Fed wants the American public to believe they’re working for a freer, fairer market… … and that their goals are lofty and noble. In reality, they’re only interested in accumulating power. Despite appearances, the Federal Reserve doesn’t care about a free and transparent market. Even before the Great Recession, the Fed had taken deliberate […]
We are witnessing the death of traditional cable television in real-time. In Q1, 2023, U.S. linear networks (cable and satellite) shed 2.3 million customers. Total pay-TV penetration (including services like YouTube TV and Hulu) dropped to 58.5%, the lowest point since 1992. They are being replaced with Netflix, Disney+, Paramount and other streaming services. Instead […]
How do you know whether a technology is game-changing or a dumpster fire? It’s not an easy question to answer. Scam artists like Trevor Milton, former CEO of Nikola Motors, know this and exploit it for personal gain. But the worst are the folks who prey upon hurricane and flood victims to push their social […]
Jack Bogle led an investing revolution when he introduced index funds. He believed the average investor couldn’t beat the market over time. All he or she could hope to do was match the market’s performance as closely as possible. While we laud the change he brought to financial markets… …we believe he is dead wrong. […]
There is nothing quite like Wall Street trying to wrap a new way to screw thousands of investors in a blanket of B.S. Online brokers are our access to the markets. Without them, we’d be up the creek without a paddle. But if you think folks are looking out for the customer’s best interests, you’re […]
Financial advisors consider the 60/40 allocation the “gold standard” investing strategy. “Allocate 60% of your funds to stocks and 40% to bonds. This lowers your portfolio volatility without sacrificing much in the way of returns.” This sounds reasonable. After all, diversification is a well-respected investing principle. Fixed income (bonds) assets provide regular coupon (dividend-like) payments, […]