How Does Cash Feel
When the stock market has been going up for multiple years and you are sitting in cash, it can feel crappy. Looking backward you can calculate the dollars you do not have by missing out 8% growth or 10% […]
Living Too Long
My grandma (GG) passed away a few years ago at age 95. She was a strong independent woman who had a flair for fashion. GG loved to wear gold and silver and regularly matched her sneakers to the rest of […]
Chart Action: Yield Curve Mania
Bond maturities and their yields are related. Typically, bonds with longer maturities pay higher yields. Why? Because the longer a bondholder must wait for the bond’s principal to be repaid, the greater the risk compared to an identical bond with […]
Bad Success
“Every great power is dangerous for the beginner. You must therefore wield them as you are able, but in harmony with nature.” —EPICTETUS, DISCOURSES, 3.13.20 The worst thing we all do is bet big when we think we have […]
Walt Disney World
We just got back from 6 days at Disney World. We were there to celebrate my father-in-law’s retirement and it was definitely a trip of a lifetime for my kids. There was wonder and amazement all around us. They giggled […]
