Interesting
20 Second Advisor: Age before beauty – how older investors can outperform higher return investments (hint: it’s time!).
I’m reading a book right now that talks about Warren Buffett. Some say he is a great investor. Others say that perhaps he has just been extremely lucky. Or perhaps he is just an old investor (he’s been investing for a long time!). I think Buffett has a good bit of all three: Investment skill,…
Read More20 Second Advisor: Challenging Apple Pay
The chain of banks behind Zelle, which is owned by seven banks total, including Chase and and Bank of America, are planning to launch their own digital wallet. This wallet will jump into the increasingly-crowded field of digital wallets, dominated by the likes of Apple Pay and PayPal. For the tech companies that have so…
Read More20 Second Advisor: Bear market & what can I do about inflation?
We are now technically in a bear market (investment markets down 20% from their peak). Some of the recent downward pressure is due to inflation expectations and rising interest rates. I was listening to a podcast recently that was explaining the Federal Reserves’ role in trying to curb inflation. It made me think, “what can…
Read More20 Second Advisor: Then & Now – Returns During WWII
The events in Ukraine over the last few weeks have left many of us speechless. We haven’t seen a land invasion of this kind in Europe since WWII. Many clients and investors are grappling with how to handle their investments given the conflict; many worry of the effects if the conflict broadens. Here are some…
Read More20 Second Advisor: How a $12 hamburger costs you $20.34
It’s not totally uncommon to talk to prospects or clients that make several hundred thousand dollars a year, and they don’t know where all their money goes. Ex: We make $300,000 per year, but don’t really have much savings to show for it. Here’s why I think this happens: The more someone makes, the more…
Read More20 Second Advisor: How to hedge inflation?
It’s in the news: “Inflation is on the rise!” So what? We haven’t had high inflation in a long time. If we experience short-term inflation related to COVID supply chain issues, that’s not too bad. If we experience long-term inflation and price increases are “here to stay” for a while, then investors should make sure…
Read More20 Second Advisor: The Costs of Inflation
Let’s be honest – most of us don’t really understand inflation. The dictionary defines inflation as: 1“a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services.” In a nutshell, inflation is when prices go up. But why is that…
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