To all retail investors, I have a question for you: What’s your investment window? In other words, how long do you typically hold your investments? Years? Weeks? Days? Hours? Are you a day trader ducking in and out of investments depending on the day or your mood? Or do you lock your money up for the […]
In the early days following the arrival of the COVID-19 pandemic on our shores and the ensuing social and economic lockdown, the economy went into a tailspin. The stock market plunged more than 30% in March, wiping out trillions of dollars of wealth, unemployment skyrocketed and the GDP dropped like no other time in […]
According to two recent surveys – one by UBS of family offices worldwide (average $1.1B in investable assets) and the other by high-net-worth social network Tiger 21 of its members (average of $100M in investable assets) – the ultra-rich have recently increased their allocations to an asset they have long favored in their portfolios. What is that asset? […]
Investing in a private company is very different from investing in a public company. Although public companies are required to disclose vital information about their company to the investing public through a prospectus, Main Street investors ignore these disclosures. That’s because most Main Street investors aren’t interested in the minute details about the […]
The wealthy zig when everyone else zags. That’s why they’re on Easy Street while everyone else is still on Main Street. Warren Buffett epitomized the wealthy’s mentality when he said: “Be fearful when others are greedy, and greedy when others are fearful.” In other words, avoid the investments everyone else is flocking […]
One of the most famous former residents of Belize, (notorious if you ask some people), John McAfee, has been in the news lately regarding his once bold claim back in 2017 that Bitcoin would reach a price of $1 million. He famously wagered on Twitter that he would eat his own “unprintable body part” […]
Did you know that gambling is legal in all 50 states? It’s called the stock market and with people cooped up from the COVID-19 crisis and with casinos, race tracks and live sports suspended, day traders have turned to the stock market for their gambling fix. Warren Buffett has warned against the dangers of speculating […]
The word on the Street the past couple of days has been “Fear.” Take a look: “Recession fears just hit an 8-year high for the biggest investors on Wall Street.” “Another day, another reversal in stock fortunes as recession fears grow.” “Wall Street falls on geopolitical tensions, recession fears.” None of this is […]
2009 was the year Bitcoin launched – marking the year cryptocurrency went mainstream. Without getting into too much technical detail, cryptocurrency was based on blockchain technology that was designed to be safe, secure, and hacker-proof. Since its launch cryptocurrency has been anything but safe, secure, or hacker-proof. Using multi-factor authentication blockchain technology was designed to […]
Actions speak louder than words. In no other case is this more apparent than in the raising of kids. No matter what you say to your children it’s your actions that will likely have the most impact. On the subject of the impact of a parent’s actions, I came across an interesting article in The […]
