The wealthy are known to zig when everyone else zags. In the early days of COVID, as the economy shut down, while many lost their jobs or suffered economic hardship, the wealthiest did not suffer any setbacks. Instead, they were making aggressive investment moves while everyone else sat back and waited. When stimulus checks hit, as […]
Inflation can turn into a big problem in 2021. Top economists and even the Fed chief are sounding the alarm. Why should investors be worried about inflation? Inflation can ruin retirement in more ways than one. If your retirement is concentrated in a 401(k), mutual fund, or stocks, ignoring inflation could jeopardize your retirement because inflation is […]
Elon Musk is playing the crypto markets like a fiddle, and there’s nothing anybody can do about it. With every tweet, Musk can impact the value of bitcoin, dogecoin, and any other cryptocurrency in ways nobody else can. Values rise and fall in double digits depending on Musk’s mood. Check out just some of […]
When investors consider diving into real estate investing for the first time, the first thought that comes to mind is flipping homes because that’s what they’re bombarded with on late-night infomercials, on the web, and on social media. However, another option presented to them typically comes from their financial advisor or broker, and that option […]
If you don’t think the specter of looming inflation is cause for concern, then Treasury Secretary Janet Yellen’s remarks on Tuesday might change your mind… On Tuesday, in a pre-recorded interview at the Atlantic’s Future Economy Summit, Yellen commented: “It may be that interest rates will have to rise somewhat to make sure that […]
There is a little-followed investment metric that investors should pay more attention to. This metric, the Insider Transactions Ratio, tracks the trading volume of company insiders (officer, director or owner of 10% or more of a class of a company’s stock). The ratio compares the volume of stock sales vs. buys by corporate insiders. A ratio of […]
When was the last time a professional athlete bragged about how much money they saved on car insurance on social media? It’s probably never because it’s not sexy; instead, what you do hear about are the latest sports car purchase, the five bottles of $1,400 Cristal Champagne recently downed at dinner, or some other ridiculous […]
Alternative investments aren’t for everyone – especially investments in private companies. Although potentially rewarding, private investments can also carry significant risk. Elite investors understand this, but they also understand that these risks can be mitigated significantly in the right assets and in the right hands – potentially offering higher returns than public options but at lower […]
As Baby Boomers retire in droves, many are downsizing their homes to reduce their expenses to free up money to enjoy things like traveling, recreational activities, and spending time with family. Many are moving into manufactured homes, apartments and other affordable options. With 2020 in the rearview mirror and the pandemic has altered our […]
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 […]
