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 […]
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 […]
Like marriage, investing can be tricky. It has its ups and downs but the key to success is perseverance. In marriage, life, and investment matters, when things get rough and we feel things beginning to fall apart and failure is imminent, quitting is easy. Perseverance is the one trait that allows us to pull […]
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 […]
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” […]
