Island Life

Demand is Building: Be Ready

The levels of demand for travel – especially cruise travel – is off the charts. Worldwide lockdowns, social distancing, and travel bans have created an unprecedented demand for cruise travel once the government and industry restrictions begin to lift. In a recent study by the American Society of Travel Advisors (ASTA), participants were asked: “If the […]

The Only Thing To Fear Is Fear

On Monday, October 26, 2020, a headline on MarketWatch.com read: It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns.   In the article (paraphrasing an article in the New York Times), Robert Shiller, a Nobel Prize-winning economist and Yale professor, cautions about the dangers of investing in the top-heavy stock […]

Parking Capital for 2021+

When someone tells me something is free I always ask them what’s the catch. Nothing’s ever free – like free lunches paid by taxpayers.   Take for instance the government’s $2 trillion economic stimulus package launched in April to help struggling individuals, families, and businesses reeling from the COVID-19 lockdown.   Those checks, loans, and […]

What The Richest Are Investing 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? […]

Never Invest Privately Without a PPM

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 […]

Predictions

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” […]