If you’ve been following my blogs, you’ll know that I’ve been sounding the alarm on inflation for a while. Last year, Wall Street and our policymakers wanted to assure us that everything was under control and that inflation wouldn’t get out of hand. A little over a year ago, when I started making noise about […]
There’s no question that the COVID-19 pandemic has changed the tourism landscape around the world. As the dust settles and the tourism industry adjusts to the new norm, one of the trends emerging from the pandemic is the red-hot demand for social-distanced travel and vacationing. As we approach the cold winter months in North […]
Alternatives Now Essential For Every Portfolio The high net worth (HNW) and ultrahigh net worth (UHNW) individuals are wealthy because they invest differently than the average individual investor. Whereas the average investor follows a traditional 60/40 allocation (60% stocks/40% bonds/fixed income) with little to no allocation to alternatives, the wealthy allocate significant portions […]
In his book “Blink: The Power of Thinking Without Thinking,” author Malcolm Gladwell explores the power of the subconscious mind to make snap judgments and to think without thinking. Blink examines what separates great decision-makers from the poor ones. Why do some people follow their instincts and win while others end up stumbling into error? The great […]
For sophisticated investors, one of the most important tenets of investing is to invest in something you can touch and feel. That’s why ultra-wealthy investors are drawn to tangible assets like real estate and income-producing businesses. The right tangible assets not only create a cash flow, but also appreciate over time, provide significant tax benefits, […]
When it comes to investing, sometimes boring is the best course – especially if a particular asset has a solid track record as a proven workhorse. Traditional investments might be boring to the cyber-connected crowd who are constantly chasing the next big thing, but why mess with something that works? Meme stocks and cryptocurrencies […]
Gold has its uses, but not as an investment. Over the past ten years, gold has generated a total return of exactly zero. This is even taking into account the post-Great Recession frenzy gold experienced in late 2011. The perception about gold is that it’s a good hedge against market uncertainty and inflation […]
We as a society are obsessed with the lifestyles of the rich and famous. That is why we’re interested in the lives of athletes, actors, singers and other celebrities. Part of it can be attributed to envy. Some of us want to have the lifestyles that these public figures project onto their fans. At the […]
When it comes to investing, do you consider yourself a short-term investor or a long-term investor? The answer to this question will likely describe your investing style. Long-term investors prefer a buy-and-hold strategy where the ups and downs of the markets are ironed out over time, providing a reliable and predictable return. Another name for a […]
As the dust slowly settles from the COVID fallout of 2020, many of us are adjusting to a normal. Vaccines are now widely available and key to the easing of travel restrictions globally. And while the world is eager to leave 2020 behind, its citizens remain cautious with a heightened sense of safety – many […]
