When you’re young, you spend time accumulating wealth. When you’re old, you should spend time protecting wealth. Building a CD step stool to protect a portion of your wealth is a smart way to go. A CD step stool is when you buy CDs or Treasury bonds with only up to two-year durations. Multi-millionaires go […]
Build A CD Step Stool, Not A CD Ladder In A Flattening Yield Curve Environment Read More »
After a brutal sell-off in March 2020 and the correction in early 2022, we should really ask ourselves: Do we really own any of our wealth? When trillions of dollars of wealth can disappear in a matter of days, maybe not. Now that the stock market has rebounded, it really is time to spend more
Do We Really Own Any Of Our Wealth? Or Are We Just Custodians? Read More »
I love people who are loyal. They stick with you through good times and bad. Unfortunately, when it comes to business, loyalty is dead. Firms will spit you out at a moment’s notice. Banks just move on to the next win once they’ve got you as a customer. This is why you shouldn’t be afraid
Loyalty Is Dead: Transfer Your Capital For Free Cash And Great Rewards Read More »
I’m always looking for a buy signal for stocks. In my opinion, one of the best buy signals for stocks is when the S&P 500 yield is greater than the 10-year Treasury bond yield. At the time of this update, this buy signal is flashing green. The reason why I prefer owning real estate and
A Buy Signal For Stocks? S&P 500 Yield > 10-Year Bond Yield Read More »
Arbitrage is the practice of taking advantage of a price difference between two or more assets or markets, and profiting until the price difference disappears. Recognizing arbitrage opportunities is one of the easiest ways to make money. Being able to recognize and then take advantage of kinks in the system will be one of your greatest
The Easiest Way To Make Money: Recognize Arbitrage Opportunities Read More »
1, 2, 3 panic! The stock market meltdown of 2020 has taken us all for a ride. Thanks the coronavirus pandemic, the stock market meltdown will likely come back. Then the 2022 stock market meltdown happened again. It’s a good thing that most of us are super savers, have a diversified net worth, actively rebalance
Stock Market Meltdown Implications For Everyone Read More »
With the 2-year yield higher than the 10-year yield, the yield curve has officially inverted as of 3Q2019 and again in 1Q2020 due to the coronavirus pandemic. The yield curve continued to be inverted in 2024 due to aggressive Fed rate hikes. History has shown us, once there’s an inverted yield curve, there’s a high
The Inverted Yield Curve And A Recession Could Be Extremely Positive Read More »
The Federal Reserve’s decision to cut the federal funds rate on July 31, 2019, the first time in 10 years, signifies several things: 1) The Fed screwed up in December 2018 by hiking rates for the 9th time in three years. Cutting rates just 7.5 months after hiking rates is like getting a divorce within
A Fed Rate Cut Is A Sign We Should All Buckle Down And Be Careful Read More »
If you want to build great wealth, you must invest in risk assets over the long term. If you hold most of your net worth in cash, your purchasing power will fall behind due to inflation. In this post, I’d like to discuss what the last 20 years of inflation teaches us about building wealth.
What The Last 20 Years Of Inflation Teaches Us About Building Wealth Read More »
After a home sale, you will hopefully be flush with cash. However, reinvesting proceeds after a home sale is important if you want to keep up or beat inflation. Therefore, here are some investment ideas to consider after selling your property. Thanks to inflation, you need at least a $3 million net worth to be
Ideas For Reinvesting Proceeds After A Home Sale Read More »
